AmChams Advance the Interests of American Businesses Overseas
7/26/10 - by Joe Robinson American Chambers of Commerce, traditionally referred to as AmChams, are formed to advance the interests of American overseas businesses through advocacy, information, networking and business support services. Currently, there are 94 AmChams in 82 countries affiliated with the U.S. Chamber of Commerce who strive to develop mutually beneficial social and commercial relations between American companies and those of the host country. Through four regional organizations in Asia, Europe, the Gulf Countries, and Latin America, the AmChams represent the concerns and interests of the business community at the highest levels of government.
Export Encryption Rule Revisions
7/19/2010 - by Richard Palaikis The Obama Administration has pledged to conduct an extensive review of our current export control system and to implement changes as necessary to streamline the entire export process. One of the first changes came to light last month. It has just become a little easier to export certain electronic devices found on the mass market that contain encryption or are capable of generating encryption.
OMG I'm Choking on Alphabet Soup—ROFLOL
7/12/2010 - by John Goodrich My kids have made me feel like a dinosaur for being so ignorant of the prevailing technology. Text or perish seems to be the mantra of the day. But after stewing about this for awhile I have come to a realization. I have not missed the texting revolution after all. Indeed, I have texted for years. I just didn't realize it. Of course, in international trade we don't call it texting, but we do speak in acronyms.
"Dear Cathy" Explains 6 Versus 10 Schedule B Digits
6/21/2010 - by Catherine J. Petersen During the past year, we have been working diligently to ensure that our documents clearly reflect all the details and information needed for export and import clearance. This has included a project to ensure that our classifications for export are accurate. We are stymied now. The question that we are trying to resolve at this moment is whether we should report the six-digit portion of the Schedule B code number or the full 10-digit number on our commercial invoices. Which is best?
Time is Money: Analyzing the Movement of International Transactions
6/14/2010 - by Roberto Bergami One of the critical issues involved in the international trade in goods is the timely movement of cargo across international boundaries. This is an important aspect for any business, as time is money. A slow delivery increases the price of the goods because it decreases stock turns. A slow delivery also means additional costs in relation to the running of the overall business.
India: The Big Emerging Market—Part 4
6/7/2010 - by Prema Nakra India’s economy remains beset by stubborn inefficiencies that have hindered progress and prosperity for decades. It has a decrepit transportation system, inadequate communication and electrical infrastructure, and an obstructionist bureaucracy. To succeed in this complex country market, international marketers must have a clear understanding of Socio-Cultural, Technological, Economic, Ecological and Political/Regulatory (STEEP) environment in which people and businesses live and operate.
“Dear Cathy” Helps Confused Exporter with Incoterms
5/24/10 - by Catherine J. Petersen We are confused about Incoterms. I know the Incoterms are for international transactions, but my company tries to use them for domestic transactions. Where can we go for help?
Upcoming Export Control System Reform
5/17/10 - by Richard Palaikis If you are involved in the exportation of merchandise from the United States, then you will want to be more vigilant than ever as the export control reform initiative, which was announced by President Obama last August, begins to unfold in front of us.
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