Import and Customs Compliance

When many folks think of “going global” they focus on exporting and identifying and exploiting opportunities to market and sell their goods and services in foreign markets.  However, another important characteristic of a truly global business is its willingness to rely on foreign suppliers.  There are a number of legal and regulatory issues to consider and I will soon be participating in an online program for West Legal Ed Center that focuses on one of those issues: importing and customs compliance.  During the program I'll provide a brief overview of customs laws and requirements followed by a summary of US Customs “clearance” procedures and import restrictions.  I will also introduce other topics covered in the program materials, including import planning, terms and conditions of purchase and compliance activities.  For those of you who cannot participate in the program, I've attached a copy of the program materials.  You should also refer to Chapters 5, 10 and 26 in my Going Global publication.

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