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Expert perspectives on commodity trading, customs compliance, trade finance, and supply chain technology.

Whistleblower Unveils $10M Customs Fraud: Key Lessons for Importers
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Whistleblower Unveils $10M Customs Fraud: Key Lessons for Importers

In global trade, the stakes are high, and the pressure to cut costs is ever-present. However, cutting corners in customs valuation can...

What's Changing with Safety and Security Declarations After 31 October 2024?
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What's Changing with Safety and Security Declarations After 31 October 2024?

As of 31 October 2024, significant changes will impact the logistics of importing goods from the European Union (EU) into the United...

Nike’s €1.5 Billion Custom Dispute: A Cautionary Tale for Global Businesses
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Nike’s €1.5 Billion Custom Dispute: A Cautionary Tale for Global Businesses

Nike, one of the world’s most iconic brands, finds itself at the center of a costly legal battle with the European Union over alleged...

Understanding UK Entry & Exit Summary Declarations for Trade Compliance
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Understanding UK Entry & Exit Summary Declarations for Trade Compliance

Table of Content Introduction:  UK Entry & Exit Summary Declarations Timeline of Regulatory Changes:  Key Milestones in UK-EU Trade Rules...

UK Customs Compliance - Special Procedures
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UK Customs Compliance - Special Procedures

Customs Special Procedures are regulatory mechanisms that allow businesses to store, temporarily use, process, or repair goods under customs

The Fallout from Rhodium and Longview: Implications for Traders
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The Fallout from Rhodium and Longview: Implications for Traders

Introduction The collapse of Rhodium and Longview  has sent shockwaves through the trading industry, marking one of the most significant...

Top 5 Emerging Markets for International Trade Lawyers to Consider
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Top 5 Emerging Markets for International Trade Lawyers to Consider

Introduction Emerging markets have become a focal point of global economic growth and international trade. As these regions experience...

What Are the Different Types of Tariffs?
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What Are the Different Types of Tariffs?

Tariffs play a pivotal role in the realm of international trade. At its core, a tariff is a tax imposed on products when they are moved...

How Can Outward Processing Relief Simplify Export Processes?
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How Can Outward Processing Relief Simplify Export Processes?

In the dynamic world of international trade, businesses constantly seek ways to reduce costs and streamline operations. One such...

Key Insights on Bonded Warehouse
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Key Insights on Bonded Warehouse

In today's global marketplace, expanding manufacturing operations overseas is often a strategic move for businesses aiming to meet...

UK Trade Data Analysis April 2024: Goods Imports Surge by 7.8%, Exports Fall by 2.8%
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UK Trade Data Analysis April 2024: Goods Imports Surge by 7.8%, Exports Fall by 2.8%

UK Trade Data Analysis: Goods Imports Surge and Exports Decline in April 2024 The latest trade data from the Office for National...

How to Avoid Customs Duty and VAT with Returned Goods Relief (RGR)
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How to Avoid Customs Duty and VAT with Returned Goods Relief (RGR)

Re-importing goods into the EU without incurring additional customs duties and VAT is a valuable strategy for businesses.