I am sure you have heard the phrase ‘Proof of Export’ frequently in your studies and when performing your job, we hope you hear it on a daily basis. But consider this, do you know what it really means and the implications of not having a full proof of export file? On a scale of […]
Understanding ‘Proof of Export’ Read More »
Today we will look at the significance of exchange control regulations and import controls. These are already in place in a number of countries worldwide, especially developing nations, the impacts however from COVID 19 may result in these becoming more prevalent even in the more economically developed OECD countries. Exchange control regulations can be defined
Exchange Control Regulations and Import Controls Read More »
On the 19th May the UK Government announced their UK Global Import Tariff which will apply after the end of the Transition Period to imports from WTO member countries, these may also be referred to as Most Favoured Nation (MFN) tariffs. The announcement on tariffs followed a consultation period with businesses and trade organisations in
UK Global Import Tariff – what you need to know Read More »
As part of your qualifications you will have already learnt or will learn about the importance of the key rules of world trade, covering key principles such as Origin of Goods, Valuation, HS Codes and Safety and Security. As we know these principles practically impact how countries and their businesses operate. In the world today
The African Continental Free Trade Area (AfCFTA) Read More »
A lot quite has correctly been made of new trade agreements and new trading blocs around the world which have helped to increase free trade and reduce trade barriers in the form of tariffs and quotas. In some cases, however it is the non-tariff barriers and unfair competition that make it harder for an exporter
The Impact of Non-Tariff Barriers on Trade Read More »
With new cases appearing in Europe and around the world, Coronavirus is all over the news. We talked to Lars Karlsson, CEO and MD Global Consulting at KGH Customs Services and a senior Customs expert, about the effect the Coronavirus may have on global trade. What are your thoughts on the latest development? This is,
Coronavirus and its potential effect on global trade Read More »
“Who will purchase this quantity of merchandise for this amount of price?” Written by Christiaan de Lange, MCom (Economics), MPhil (Taxation), Master of Business Leadership (MBL), MIEx An ‘Element of Taxation’ The European Commission (EC) Taxation and Customs Union website reminds us that there are three ‘elements of taxation’ that provides the basis for assessment
Customs valuation: A history of taxation over borders Read More »
Written by Ian Wakeling, UK Commercial & Trade Compliance Director at Lockheed Martin UK This interview was originally published in World Trade Matters – the quarterly journal from the Institute of Export & International Trade Trade and politics go hand in hand; one facilitates the other with economic growth becoming an obsession for political leaders. When Europe
Trading Across Borders – Increasing Complexity Read More »
We live in a world of globalization and international trade is going through major changes in several dimensions, changes that will redefine the way we manage borders in the future. We are seeing trade wars, more elements of protectionism, environmental activism and the reclaiming of national borders and trade policies – like in the case
Smart borders: The future of border management Read More »
This interview was originally published in World Trade Matters – the quarterly journal from the Institute of Export & International Trade. As a partner at Strong & Herd LLP, Sandra specialises in practical compliance issues relating to international trading including customs, UK, EU and U.S. export controls. Sandra is a highly-sought-after speaker on international trade
Interview with Sandra Strong, Managing Director at Strong and Herd Read More »