Knowing, understanding, and applying the subtle areas of trade compliance and global trade management (“GTM”) may provide you with competitive advantages over those trying to out-source or, worse, ignore, these regulations.
All countries regulate the movement of goods across their borders. To meet various domestic and global trade policy objectives, a multitude of trade regulations and agreements are in place. Knowing the law and regulations that affect your operations is business-critical to avoid supply chain disruptions and possible fines, penalties, and even the suspension of your import privileges!