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.
Justice: Freight Forwarder Indicted for Scheme to Evade Russian Sanctions
Justice: Freight Forwarder Indicted for Scheme to Evade Russian Sanctions
December 13, 2024/
From December 2022 to December 2024, Mazulina allegedly conspired with Russian freight forwarding companies and others to unlawfully ship controlled industrial oil and gas equipment from the United States to Russia via intermediary countries, according to an indictment. In June 2023, Mazulina reportedly acknowledged using third-party bank accounts for payments because many of her clients were under U.S. sanctions. To disguise the scheme, she allegedly submitted false export documents to the U.S. government, hiding that the goods were destined for Russia.
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