By Kristine Kelleher Complying with export regulations can be hard! Knowing where to find the regulations, how to interpret them and apply them to your business in a constantly dynamic and changing environment is challenging to say the least; not to mention that regulations are not static. This means
The question of how to import donations duty free is particularly relevant in South Africa with the number of welfare, educational, religious, and other non-profit organisations increasingly reliant on overseas gifts and donations to continue their work in the country.(A similar scenario relates to importing or receiving samples, gifts
South Carolina Ports (SC Ports) continues to bolster its role as a logistics hub for the Southeast, supported by consistent container volumes and significant rail infrastructure advancements. Read also: SC Ports Reports 7% Growth in June Cargo, Sets Records Across Operations SC Ports boasts three big-ship-capable terminals, a 52-foot-deep
Are you adrift in the sea of export acronyms? Like many industries, international trade uses scores of acronyms that get bandied about like tennis balls at Wimbledon. Some of them you probably know; others only come up in specific circumstances. (more…)
Why is the Indian Rupee weakening? India’s economy suffered back in 1990 as the fiscal deficit decreased by 7.8% of the GDP and India was on the verge of being branded a defaulter in the Indian market. This had a significant impact on the value of the rupee. India
The holiday season is a time for celebration, reflection, and gratitude — and for businesses it can be the most wonderful time of the year, with U.S. commerce steadily increasing during the holiday time period for the past decade. (more…)
Because of natural calamities like rain, Onion production is taking a dip. Because of this Onion prices in Indian market are rising up since last 5-6 months in spite of government interventions like purchasing onion through NAFED and selling it in market at subsidized rates. Government first implied 40%
By Kristine Kelleher Did you know that the anti-boycott laws are part of export compliance? If not, you are not alone as this is often an overlooked due diligence requirement necessary to comply with the U.S. export laws. Understanding what U.S. anti-boycott compliance means and how it affects day-to-day
Client Question: We’re considering importing on a DDP basis – what should we look out for? Answer: The introductory notes to Incoterms Rules 2020 caution against using DDP (Delivered Duty Paid) for cross-border trade, the caution implying that its true application is in domestic models. However, the ICC do
JadeWeserPort Wilhelmshaven, Germany’s only deep-water container port, is making waves in North America, capturing significant attention from U.S. shippers and logistics partners. A strategic roadshow, featuring participation at the Breakbulk Americas trade fair in Houston, a customer event in Philadelphia, and port visits in New York, underscored the port’s
