2012 Buy American Act Report

The National Archives and Records Administration (NARA) submitted its fiscal year 2012 report for items manufactured within the US vs. outside the US according to the Buy American Act (41 U.S.C. 10a – 10d) and Executive Order 10582.

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Global Trade News Summary – Happy Monday!

Take a look again at the most important news and start the week fully informed with the news that Global Trade News brought to you last week in Twitter: Continue reading

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How Do You Celebrate World Trade Week?

WorldTradeWeekImage2Next week, starting May 19th, marks the beginning of World Trade Week, officially proclaimed as a national observance by the US Government in 1935 by President Franklin Roosevelt. President Roosevelt selected the third week in May each year which includes May 22, National Maritime Day.

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How Do You Report Discounts When Using AES?

A blog post from Global Reach, the official blog of the US Census Bureau’s Foreign Trade Division, discusses how to go about reporting discounts using the Automated Export System (AES). The post mentions that all discounts are not considered equal when it comes to reporting their value in AES. Value, as defined by the Foreign Trade Regulations (FTR), is the net selling price plus the inland or domestic freight cost, insurance and any other charges incurred to get the shipment to the US port of export.

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What Does Effective Export Management Mean to You?

Companies that effectively manage their exports are able to deliver their goods to the shelves faster, leading to better overall customer satisfaction.

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Global Trade News Summary – Happy Monday!

Take a look again at the most important news and start the week fully informed with the news that Global Trade News brought to you last week in Twitter: Continue reading

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Ground Carriers Can Apply for Mexico’s NEEC Program

Recent modifications were made to the Mexico General Rules in Foreign Trade for 2012, and now ground carriers can apply for certification under the Nueva Esquema Empresa Certificada (NEEC) program.  The Mexico General Rules in Foreign Trade for 2012, published on August 29, 2012, received recent modifications, published April 10, 2013 in the Mexican Official Journal as the Fourth Resolution of Amendments to the General Rules in Foreign Trade for 2012 and Annexes 1 and 22. To apply for the NEEC program, ground carriers should go to the  Mexico Central Administration of Legal Affairs related to foreign Trade (ACALCE), which is part of the General Audit of Foreign Trade Administration (AGACE), and fill out the form called “Solicitud para Socio Comercial Certificado” or “Requirement for Certificate Trade Partner”.

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FTA News from Around the World – April 2013 Round Up

With regulations ever changing and updates constantly being made, we understand keeping up with new regulations affecting global trade can be challenging. Therefore, Global Trade News has taken the information that we have gathered over the last month from governments around the world, and compiled it into a monthly summary, posted here for you. You can access this information, along with all related FTA posts at any time by visiting the Free Trade Agreement category on this blog.

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Buy America & Buy American – Understanding the Differences & Knowing How to Leverage Each

When sourcing items, either foreign or domestic, companies need to take into consideration if the goods qualify under either the Buy America Act or Buy American Act. It is easy to confuse the two; however, there are differentiators that are important to know in order to leverage either program to gain savings opportunities in sourcing practices.

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2013 CEE Customer Satisfaction Survey – Results Are In!

The results from the Centers of Excellence & Expertise (CEE) customer satisfaction survey are in.   The survey, which consisted of multiple-choice questions, was sent out to current CEE users as well as those who use the CEEs as a resource and those that will be associated with future CEEs.  According to the fact sheet created by US Customs & Border Protection (CBP), the results have provided important information about the performance and satisfaction of CBP’s management of CEE participating accounts and CBP’s interaction with current CEE non-participating accounts.

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