Trade Compliance - HTS and Schedule B An HS code or HTS code stands for Harmonized System or Harmonized Tariff Schedule. Developed by the World Customs Organization (WCO), the codes are used to classify and define internationally traded goods. In most cases, in order to import or export a product internationally, the traded good must be assigned an HTS code that corresponds … [Read more...]
Import & Export Trade Compliance: Building an Effective Corporate Program
Import & Export Trade Compliance: Building an Effective Corporate Program What is Import and Export Compliance? Adhering to government regulations that apply to the transfer of Goods, Services, and Technology between countries: Who can you trade with What you can trade Where you can trade How you can trade Protecting and collecting … [Read more...]
After Exporting Conviction – Denial of Export Privileges
After Exporting Conviction - Denial of Export Privileges From United States Department of Commerce Bureau of Industry & Security: In 2014, Paweena Pechner was convicted of violating the AECA (Arms Export Control Act). Pechner knowingly and willfully caused to be exported from U.S. to Thailand firearms, which are listed on the Unites States Munitions List, without … [Read more...]
April Newsletter: Trade Compliance & Earth Day
April Newsletter: Trade Compliance & Earth Day TRADE COMPLIANCE FOR 2016 ACE -> 2016: Mandatory use of ACE for all remaining electronic portions of the CBP cargo process- Are you ready for ACE? *Reminder: Ace Mandatory Use Dates SOLAS - JULY 1, 2016- Shippers are you ready for the container weight mandate? Who is Ready for SOLAS VGM? >BIS Seminars Coming … [Read more...]
BIS Seminars Coming to the Twin Cities
BIS Seminars Coming to the Twin Cities The MTO (Minnesota Trade Organization) is co-hosting with the BIS (Bureau of Industry & Security) two seminars on June 14 and 15, 2016 at the new Hyatt Regency in Bloomington, MN. Here are the two seminars: NEW Day 1: Essentials of U.S. Export Controls This is an intensive, one-day program that covers the key information … [Read more...]