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5 Things You Need to Understand about Customs Bonds

5 Things You Need to Understand about Customs Bonds

What are Customs bonds? Essentially, Customs bonds serve the purpose of insurance. They ensure that the US government will receive payment in the form of taxes and duties for the imports that you make. Customs bonds are just called “bonds” in the trade industry. Why...

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Is Pre-Export Screening the Future of Border Management?

Is Pre-Export Screening the Future of Border Management?

Prior to recent times, customs authorities had adopted the practice of screening international cargo as it arrived in the country, compared to having the cargo pre-screened before it leaves the country from where it is being exported. In this regard, the concept of...

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The cost of trade compliance

The cost of trade compliance

Trade compliance is one of the buzzwords in modern global logistics. Businesses that operate at a global level are driving towards ensuring that they follow established compliance procedures as it is crucial for maintaining visibility, accountability and...

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Bans, Tariffs and other Export Control Solutions

Bans, Tariffs and other Export Control Solutions

Moving into international exports can be a tough task for any small to medium size business. Most governments have policies in place that place strict restrictions on overseas goods that can make trade prohibitively expensive, or even impossible. In 2015, an...

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Piecing Together the Trade Compliance Puzzle

Piecing Together the Trade Compliance Puzzle

Introduction to Trade Compliance Trade compliance is an umbrella term that encompasses the conditions for all manner of trade between multiple countries. These conditions include training, classification, lending, determination of trade risk and all relevant taxes and...

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What You Can Expect from an Exporter of Record

What You Can Expect from an Exporter of Record

In an increasingly global business environment, your organization can be subject to several different rules and regulations across international borders. Ensuring the seamless transfer of goods from one country to another while staying compliant with local laws can be...

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