April 2016 Newsletter
Global Training Center
Carriers Release Best Practices for the New SOLAS VGM Rules
As we previously advised, the so-called Verified Gross Mass (VGM) rules that were issued by the IMO are set to go into effect on July 1. As we also advised, the U.S. Coast Guard has indicated that it will not enforce the rules against U.S. exporters or NVOCCs so there is no reason for those companies to change their operating procedures. However, based upon a number of releases we have seen, it appears that the carriers and marine terminal operators may be enforcing these VGM rules.
Succeeding at International Trade Shows (Part 3: The Staff)
In the last article of this series, I presented best practices to make the most of the companyâ€™s booth at an international trade show and focused on how to use “The Silent Salesman.” Today I will discuss the third element for Succeeding at International Trade Shows: The Staff in the Booth.
Top Trends We’re Already Seeing in Trade Compliance for 2016
Legislation Makes Things Easier â€“ For Once: We understand you may be used to new legislation being nothing but bad news and extra work, but we’re finally seeing this start to turn around. The U.S. government has not only recognized that it needs to make international trade, but has begun taking steps to make this happen.
Top 10 changes with Cuba as a result of new revised OFAC and BIS regulations
As of January 27th, 2016, both OFAC and the BIS have amended their regulations again, and below details the top 10 changes as a result. The last update was on September 21, 2015, and can be found here. While the United States maintains its broad embargo on trade with Cuba, OFAC and BIS have released amendments to the Cuban Assets Control Regulations designed to advance President Obamaâ€™s policy to engage and empower the Cuban people.
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