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In our interconnected world, the global defense trade offers both opportunities and challenges for companies grappling with the intricate web of international regulations. As businesses endeavor to broaden their horizons across borders, a keen understanding of compliance nuances, such as ITAR license requirements, becomes paramount. Picture navigating a maze with shifting walls and new doors […]

Blockchain technology has expanded to countless industries since its initial implementation as a ledger for recording cryptocurrency transactions nearly 15 years ago.    Beyond recording a ledger of Bitcoin transactions, traders are now managing export compliance with blockchain technology. How is trade compliance and blockchain related? What role does blockchain play in enhancing trade compliance

Trade compliance is an ever-moving target, making it rather tricky to master. However, commitment to trade law adherence and a fine-tuned in-house compliance program can help individuals, organizations, and entities operating at all levels get on the road to compliance mastery.   Let’s outline several business compliance strategies that should be on every trader’s radar.

As we step into 2024, the global trade landscape continues to evolve, shaped by the lingering effects of disruptions in 2023. Businesses face many challenges, from geopolitical tensions to cyber threats, supply chain transformations, and sustainability demands. In this comprehensive blog post, we’ll delve into the vital trade developments of 2023 and offer predictions for

Tapping into offshore markets comes with considerable red tape. Obtaining licenses, clearing customs, paying tariffs, and arranging logistics from afar are daunting. Complying with the most up-to-date domestic and international regulations can feel like playing a game with constantly changing rules. How can your company export with confidence?   Today’s global businesses need a repertoire

A more secure workplace is a top priority for employees returning to work after a mass work-from-home hiatus brought on by the COVID-19 pandemic.    With more threats than ever, especially to facilities producing heavily regulated products for export, such as aerospace manufacturers, organizations and employees alike are looking for ways to tighten security and

Taking your business to an international level allows you to reach new customers, get better prices on manufacturing, and ultimately, make more money.    Unfortunately, once your business goes global, you’re suddenly susceptible to risks that you might not have considered before. Your company is now under new tax laws, import and export duties, and

With the increase in eCommerce and accessibility to international travel, companies continue to grow and expand overseas, finding new business partners, suppliers, and consumers worldwide. This global approach to business allows companies and consumers to save money on manufacturing and access various resources and products.    As these companies start selling and shipping internationally, new

While global trade organizations continually collaborate to promote international uniformity in product classification, there are several different classification systems in place that traders must recognize to ensure compliance.    Beyond globally accepted classifications, each country has the latitude to tack on additional specifications for products moving across their borders.    Let’s look at the types

Often, global trade news features two of its most prominent participants: the United States and China. The Western World continues to engage in extensive trade with Asia, resulting in an endless webwork of trade policy and even trade wars between participating nations.   Still, how do other areas of the world – like Latin America