What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
GAO: The Government Accountability Office issued report on the Export-Import Bank
GAO: The Government Accountability Office issued report on the Export-Import Bank
August 31, 2023/
The Government Accountability Office issued their report on the Export-Import Bank monitoring of dual-use items that they finance. The bank did not finance any new dual-use exports in FY 2022. It continued to monitor use of two satellites sold to Mexico and received documents showing Mexico was in compliance with policy in 2023.
Read More
Related Posts
CSMS: Registration Open for 2025 TFCS Summit
The U.S. Customs and Border Protection (CBP) will host the 2025 Trade Facilitation and Cargo Security (TFCS) Summit on May 6-8. This year’s theme, “Trade for Strength,” focuses on securing supply chains and reshoring prosperity. A networking session on May 5 (6:00-8:00 p.m. CT) offers a chance to connect with CBP leaders, government officials, and…
CSMS: CBP’s Approved Customs Brokers List
CBP has a list of permitted customs brokers available on their site. They update it from the ACE National Permit record. If it’s wrong, make sure that brokers update their data there (also that’s the law under 19 CFR 111.30(a)! Read More
Justice: U.S. Seizes Smuggled Dassault Falcon Tied to Venezuela
The US filed a civil forfeiture complaint in Florida against a Dassault Falcon 900 EX aircraft that was smuggled from the US and operated by a Venezuelan blocked party. Read More
CSMS: Verify Your Customs Broker’s Listing on CBP’s Official Site
CBP has a list of permitted customs brokers available on their site. They update it from the ACE National Permit record. If it’s wrong, make sure that brokers update their data there (also that’s the law under 19 CFR 111.30(a)! Read More