Incoterms – Providing clarity in International Trade
What are Incoterms? Incoterms (full name: international commercial terms) are standard sets of terms and conditions designed to assist traders when goods are sold and transported. Published by the International Chamber of Commerce, they are intended to clearly communicate the costs and risks associated with the.
Expand Your International Trade Opportunities
The Canada-EU Comprehensive Economic and Trade Agreement February 2017 update We published an article about this agreement between Canada and the European Union back in November, shortly after it was signed. See our previous blog on CETA for a refresher. The latest development is that, as anticipated, the European.
Canada-U.S. trade in uncertain times
Are you wondering how the political changes underway in the U.S. will affect your cross-border trade? If you are concerned that you may not continue to enjoy smoothborder crossings… We don’t blame you! Given the uncertain direction of U.S. international trade – but knowing that things are not likely to get easier for.
Tariff Classification – Do your homework and get it right the first time.
“Quality is never an accident. It is always the result of an intelligent effort.” - John Ruskin, Art Critic and Writer Proper tariff classification is the foundation of import and export trade compliance. The Harmonized Commodity Description and Coding System (also known as the Harmonized System, or HS) is the.
The Comprehensive Economic and Trade Agreement (CETA) has been signed!
October 30, 2016, marked an auspicious day for the future of trade between Canada and the European Union (EU). That day, leaders on both sides signed the Comprehensive Economic and Trade Agreement (CETA).
Why is my international shipment delayed again?
Delays along the shipping chain can be exasperating and can make a business owner feel helpless. Although many factors can conspire against a smooth shipping experience, being in the know about what they are – and being prepared to respond to them – can put you back in control.
Ordering offshore for the first time? Here’s what you should know.
Many businesses today source offshore to take advantage of lower prices or to obtain goods unavailable in North America. The savings can be significant: sourcing from China, for example, can reduce product costs by as much as 75% - or even more (1). However, there also may be different financial requirements, export.
Why is delivery of my shipments so often late?
On-time delivery of shipments to your customers is essential to the smooth operation of your business – not to mention maintaining the confidence and loyalty of your customers. Are you ever frustrated by late delivery of shipments? Let’s look at the reasons why your deliveries may not happen within the timeline you.
The Future of Canadian Trade Agreements: Why Canada is Seeking More Trade
Why sign trade agreements with other nations? Canada has several trade agreements in effect that aim to give its companies an advantage over the U.S. and other countries. With a trade agreement in place, such as in Panama (where the U.S. does not), Canada receives more benefits in the shape of preferential access to.
