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5 Potential Problems with Your Export License Application

David Noah | August 19, 2020 | Export Compliance

So, you’ve determined your goods need an export license? Good! That’s a great first step toward compliance—but you’ve still got some work to do.

If your products fall under the jurisdiction of the Export Administration Regulations (EAR), it’s time to submit an application for a license through the online Simplified Network Application Process Redesign (SNAP-R).

As you complete your application, keep an eye out for these five potential problems, which could delay your export license or even subject you to penalties, fines and civil or criminal prosecution.

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USMCA Aims to Help Workers with New Labor Provision; Importers Should Ensure Their Vendors Comply

Helen Mann | August 17, 2020 | Free Trade Agreements

If your company is importing goods duty free from Mexico thanks to the United States-Mexico-Canada Agreement (USMCA), you need to ensure your vendors are following Mexican labor laws or you could find yourself staring at a big bill for overdue duties.

The USMCA went into effect on July 1, replacing the North American Free Trade Agreement. NAFTA ushered in a new era for North American trade, and the USMCA looks to build on that momentum, mostly keeping NAFTA’s tariff structure, while addressing aspects of the economy that weren’t big priorities in 1994, like e-commerce and digital trade.

Some of the updates in the new agreement got a lot of media play, like new rules of origin requirements and the sunset clause. There’s another important change, though, that’s less talked about: the Rapid Response Labor Mechanism. It may have garnered less attention than some of the other policies, but it matters just as much to importers and exporters.

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When to Use a Certificate of Origin Form for Your Export Shipments

David Noah | August 12, 2020 | Export Forms, Free Trade Agreements

The certificate of origin is a document issued by an exporter that confirms and certifies the country of origin of its products.

Alternatively, it might be a separate letter or form that incorporates a statement indicating the country of origin is as stated on the commercial invoice and certifies the document is true and correct; it is then signed by the exporter’s employee.

It is issued by the exporter, stamped by a Chamber of Commerce, and supported by a commercial invoice declaring the same information.

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House Bill of Lading vs. Master Bill of Lading

Arnesh Roy | August 10, 2020 | Export Forms

If you are involved in shipping or logistics, you've probably heard of a master bill of lading and a house bill of lading. But if you're like many of us, you might not understand the difference between the two.

Before we unpack the difference between these two types of bill of lading, it is important to understand what a bill of lading is in general.

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Easy AES Filing with Shipping Solutions Export Software

David Noah | August 5, 2020 | Automated Export System (AES)

Filing through the Automated Export System (AES) can be a tedious experience. That's no secret.

While you can enter your electronic export information (EEI) directly on the Automated Commercial Environment (ACE) under AESDirect, you must reenter much of the same information that you've already entered on your various export forms.

It's a slow and time-consuming process. And you still have the challenge of making sure you've got everything entered correctly.

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How Will I Get Paid for My Export?

Roy Becker | August 3, 2020 | Export Basics

My business dinner guest sat on the board of directors for a company preparing for their first export sale. This new venture thrilled the gentleman as he anticipated the prospect of the company’s initial entry into Mexico.

We discussed the benefits of the sale and examined some of the logistical details. Since he understood many of the twists and turns, he surprised me when he posed a basic question: "If we put the sale together, how will we get paid?"

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5 Excuses Exporters Should Avoid

David Noah | July 29, 2020 | Export Basics

If this year has taught us anything, it has taught us that even when our lives and our businesses appear to be running smoothly, they can be dramatically disrupted.

While we can probably be forgiven for not anticipating a black swan event like a global pandemic, organizations that have a business disruption or disaster recovery plan in place are often better prepared to respond to heretofore unthinkable problems like implementing new safety protocols, setting up remote work spaces, and managing supply chain disruptions.

On the opposite end of the preparedness spectrum are organizations that choose to ignore potential problems that they should be aware of. Instead their leaders make excuses why the challenges that negatively impact other businesses in their industry won't be a problem for their own company.

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AmChams Advance the Interests of American Businesses Overseas

Joseph A. Robinson | July 27, 2020 | Export Finance

American Chambers of Commerce, traditionally referred to as AmChams, are formed to advance the interests of American overseas businesses through advocacy, information, networking and business support services.

There are currently 118 AmChams in 105 countries affiliated with the U.S. Chamber of Commerce that strive to develop mutually beneficial social and commercial relations between American companies and those of the host country.

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The Chamber of Commerce and Export Documents: The Certificate of Origin

David Noah | July 22, 2020 | Export Basics, Export Forms

In my first article in this series, I discussed the role chambers of commerce play in exporting.

In this article, I'm focusing on one of the most useful services a chamber of commerce provides to exporters: export documents. Specifically, their role in helping you create a certificate of origin.

We spoke with Wendy Baggett, president and CEO of American World Trade Chamber of Commerce, to find out what exporters need to know about that process.

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Using the Right Certificate of Origin for Your Exports

Catherine J. Petersen | July 20, 2020 | Export Forms, Free Trade Agreements

As an exporter, you are required to provide documents to accompany your international shipments. The number and kinds of documents that you must prepare will vary depending on where, what and how you are shipping.

A certificate of origin (COO) may be one of the export forms you need to produce.

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