by Andrea | Apr 1, 2015 | access to finance, CSME, international trade rules, tools for importers
It’s easier to comply than to deal with the consequences of getting caught! PayPal was just given 7.7 million reasons to remember this lesson. The company has agreed to pay $7.7 million in penalties for violating U.S. sanctions against Cuba, Iran, and Sudan, and for...
by Andrea | Feb 11, 2015 | access to finance, CSME, international trade rules, Recent Trends in Trade, tools for importers
In recognition of Valentine’s Day, here again is my post about mail you don’t ever want to receive. It has been updated with some more recent examples of the negative consequences of ignoring the legal rules of international business. Valentine’s Day is one day of the...
by Andrea | Feb 4, 2015 | access to finance, CSME, international trade rules, tools for importers
In many countries, goods that are to be temporarily imported and re-exported within one year may be imported without duties. Traders/travelers may choose from one of the following three options: 1. At time of entry, register the good as a temporary importation,...
by Andrea | Dec 23, 2014 | access to finance, CSME, international trade rules, Recent Trends in Trade, tools for importers, Trade and Development, World Trade Organization
When can you start trading with Cuba? Not just yet! On December 17, 2014, President Obama announced significant changes to U.S. foreign relations with Cuba. They included: Plans to re-establish US-Cuba diplomatic relations after a 50+-year break; Eased restrictions on...
by Andrea | Oct 17, 2014 | access to finance, CSME, international trade rules, small business financing, tools for importers
It pays to develop a corporate culture of compliance. What do the following and scores of other companies have in common? Wal-Mart the world’s largest retailer French oil giant TOTAL a Wall Street broker Hewlett-Packard gun manufacturer Smith & Wesson They have...
by Andrea | Sep 16, 2014 | access to finance, CSME, international trade rules, tools for importers
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...
