On Friday, September 12th (2014), a new round of sanctions against Russia imposed by the European Union and the United States took effect. These sanctions are intended to pressure Russia into complying with the 12-point peace plan to end the conflict in Ukraine. The steps include the complete removal of Russian-supplied material and forces being used to support the Ukrainian separatist military groups. Read More
August 1 marked the one-year anniversary of the most recent expiration of the Generalized System of Preferences (GSP) program which allows about 5,000 products from developing countries to enter the United States on a duty-free basis. The program helps exports from developing countries to be competitive in the U.S. market and US importers who rely on the program for access to lower-priced consumer goods and manufacturing inputs. Read More
it’s the importer who is legally responsible for complying with the rules and who will be liable if something goes wrong – but whose product is it anyway? Read More
AGOA is the U.S. trade preference program that provides duty-free access for products of sub-Saharan African exporters products entering the United States. The AGOA: Trade and Investment Performance Overview, highlights African products that will have a competitive edge within the US Market and the advantages that AGOA provides exporters of these goods. Read More
Here is Part “D” of my series, “International Trade Alphabet Soup” that will periodically list and provide context for key acronyms and international trade terms: Read More
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