On: August 30, 2023 By: David Noah
If, in the course of doing business, you discover your company violated export regulations, you may want to consider filing an export compliance voluntary self-disclosure (VSD). New government policies include tougher penalties for non-disclosed cases and reward third parties that blow the whistle on competitors, so non-disclosure could be a particularly risky choice.
On: August 21, 2023 By: David Noah
For many U.S. companies, Mexico offers an exciting opportunity for exporting their goods and services. This article looks at the history of U.S. trade with Mexico; the impact of the USMCA on trade; the process of exporting to Mexico; and considerations for entering the Mexican market.
On: August 14, 2023 By: David Noah
Under the Incoterms 2020 rules, Free Carrier (FCA) means the seller has fulfilled its obligation when the goods are loaded on the buyer's transport at their warehouse or made available to the buyer at a named place such as a freight forwarder's warehouse or a carrier's terminal. Learn more about the risks and responsibilities and get answers to FAQs.
On: August 7, 2023 By: David Noah
There are five common payment options used for exports. Letters of credit (LCs) are one of the most secure instruments available to international traders. They can protect the interests of both the exporter (seller) and the importer (buyer). But they can be time-consuming and expensive to use.
On: July 31, 2023 By: David Noah
A sales contract is an agreement between a buyer and a seller that identifies the parties in the transaction, the goods or services being sold, the terms and conditions of the sale, and the price to be paid. International sales contracts are more complicated and must address more issues.
On: July 26, 2023 By: David Noah
The United Kingdom is a lucrative market for U.S. exporters. But how has Brexit impacted U.S./U.K. trade relations? We explore the opportunities and challenges of exporting to the U.K.
On: July 19, 2023 By: David Noah
Exporters often prepare a Shipper’s Letter of Instruction (SLI) that provides shipping instructions to their freight forwarders. In cases where they don't do their own AES filing, the SLI can also give forwarders authority to submit the electronic export information (EEI) through AESDirect.
On: July 17, 2023 By: David Noah
The Office of Foreign Assets Control (OFAC) enforces sanctions against people and organizations based on U.S. foreign policy and national security. Unlike other restricted party lists, complying with OFAC regulations involves more than just checking lists. We offer tips for compliance.
On: July 12, 2023 By: David Noah
If your company is doing its own electronic export information (EEI) filings through AESDirect on the Automated Commercial Environment, it already has an ACE account. But if you're not doing your own AES filings, there are two important reasons your company should set up an account.
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