The process of making sure a company is abiding by all pertinent laws and regulations when importing or exporting goods is known as trade compliance. This entails comprehending and abiding by the laws governing tariffs, trade agreements, and customs, as well as making sure that the company complies with any applicable sanctions or embargoes. The goal of trade compliance is to facilitate international trade while also protecting the economic and national security interests of individual countries.
Here are many different codes and regulations that businesses must comply with in order to engage in international trade. Some examples of these codes include:
These are only a few examples of the numerous rules and laws that companies must follow when conducting business internationally. To make sure that they are conducting themselves in a compliant manner, businesses must be aware of all pertinent codes and regulations.
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