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International Trade Articles

"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.
Visitor Control Program Tips for Exporters
5/10/2010 - by Joe Robinson
First impressions are very important. The manner in which you receive visitors into your company can create positive images of a quality organization and a favorable attitude about doing business with you. It can also directly impact whether or not your company is compliant with export regulations. Does your company have a written policy for receiving visitors?
Socks First, Then Shoes
5/3/2010 - by John Goodrich
When I get dressed in the morning, I put on my pants first, then socks and then my shoes. Some days I live on the wild side and put my socks on first then pants then shoes. I’ve learned through experience, however, never to put my shoes on first. These are lessons learned by most people as preschoolers. Why, when it comes to trade compliance, are so many importers and exporters walking around with their socks on the outside of their shoes?
Welcome to the Team, Commissioner Bersin
4/26/2010 - by Kelby Woodard
On March 27, 2010, U.S. Customs & Border Protection (CBP) welcomed its new commissioner, Alan Bersin, to the team. It is too early to tell what impact Mr. Bersin will have on this centuries old agency. One thing is for certain, however. Leadership is exactly what this $11 billion, 57,000 employee organization needs at this point in its history.


IBT Authors
Roberto Bergami
Roberto Bergami
John Goodrich
John Goodrich
Michael Laden
Michael Laden
Prema Nakra Prema
Nakra
David Noah David
Noah
Richard Vitas Palaikis Richard Vitas Palaikis
Cathy Petersen Catherine Petersen
Joseph A. Robinson Joseph A. Robinson
Kathryn Toomey Kathryn Toomey
Kelby Woodard Kelby Woodard

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