TradeWizards.com will enable users to instantly perform numerous global trade activities including: restricted party screening, product classification, and landed cost calculations. What used to require hours of manual interpretation of trade rules is now an automated process achieved instantly via TradeWizards.com.

Sign up now on TradeWizards.com.

Global trade transactions account for trillions upon trillions of dollars each year, and this number is expanding as we forge into the future. Additionally, it is becoming more complex to manage US and international regulations.

Yet, despite these factors, compliance departments remain woefully underfunded and understaffed. According to our export compliance research, 14.6% of compliance professionals believe that their company’s executive management is not aware of trade compliance.

How do you get executive level cooperation and sponsorship of your initiatives?

Join American Shipper and Management Dynamics for an upcoming educational webinar, “Bringing Compliance into the Boardroom.” This webinar, featuring a panel of global trade experts, will discuss how to get your voice heard when speaking to your c-level executives about enhancing your trade compliance operations.

In this trade compliance webinar, our expert panelists will discuss:

- Pain points of each member in the boardroom

- How these points relate to compliance issues

- Key messaging to use when speaking to each board member

- Tools to use in your presentation, such as quantifying compliance and its effect on the bottom line

- How automation can contribute to your efforts by adding value and saving money

Speakers:

	Virigina Thompson Director, Import/Export Operations & Global Trade Compliance Crate & Barrel
	Nathan Pieri SVP Marketing & Product Management Management Dynamics, Inc
	Beth Peterson President BPE

Register Today for “Bringing Compliance into the Boardroom!

“Higher tariffs have never proven to be a wise solution for American economic growth,” said Stephanie Lester, RILA vice president for international trade. “RILA supports economic engagement with China and addressing our trade gap with China. We firmly oppose legislation that threatens to cut off access to the U.S. market and drive up prices for consumers.”

RILA has warned that higher tariffs would negatively effect U.S. businesses and its consumers.

To read more about RILA’s reaction, click here.

Link to register: http://ow.ly/1wDDg

 “There is almost limitless potential for growth in trade between our two countries, and that can contribute to economic recovery and job creation in the United States and continued economic growth in India,” Ron Kirk, U.S. Trade Representative said in a statement.  

In October 2009, Mr. Kirk and Anand Sharma, Indian Minister of Commerce and Industry met at the Trade Policy Forum meeting to create the necessary framework to support small to mid-sized companies and encourage trade. This week the two representatives will met again to host an advisory meeting of American and Indian trade experts to enhance their efforts for this new program.

“We can realize that potential by working together toward the goals set forth in the framework agreement, such as developing and enforcing policies that encourage technological innovation; increasing agriculture, services, and industrial goods; and increasing investment flows,” Ron Kirk added.

To continue reading…

Management Dynamics, a leading provider of Global Trade Management solutions, today announced the release of End-Use Manager, an on-demand solution that generates end-use surveys for parties involved in any cross-border transaction. The new solution allows a trade compliance team to comprehensively survey and collect end-use statements from customers, suppliers and employees, establishing a standardized process for managing and ensuring compliance with international trade regulations.

“Companies that manufacture and export licensable goods must ensure that their customer and the intended end-use are approved and in compliance with export regulations. However, today this is largely a manual process that is difficult to administer, especially across a global enterprise,” said Adrienne Braumiller, Partner, Braumiller Schulz LLP.  “Management Dynamics’ End-Use Manager provides companies with the tools necessary to ensure that their shipments are delivered to the approved trade party and destined for friendly end-use.”

 End-Use Manager can be flexibly deployed as a Web-based portal across any global enterprise and configured to meet the specific requirements of different business units. Surveys can be developed by business unit, transaction type, origin country and destination country, and populated with a pre-configured list of questions.  In addition, all parties to the transaction are screened against the major sanctioned party lists. 

 Management Dynamics’ End-Use Manager offers the following key capabilities for companies to simplify trade compliance around product use and related professional services:

• Enterprise Deployment – Implement an end-use process by geography, business unit, or product family with a flexible multi-organization deployment model and manage users with role-based security.
• Survey Configuration – Develop a comprehensive repository of questions and manage assignment rules to dynamically assemble a complete survey for end-use statements by customers, vendors and employees. 
• Restricted Party & Critical Country Screening – Automatically screen each party to the transaction against a comprehensive list of restricted parties and  embargoed countries.
• Generate & Distribute End Use Statements – Dynamically generate end-use statements based on all associated questions as well as the results of Critical Country and Restricted Party Screening in a PDF format for easy distribution via email.
• Review Audit Trail – Audit each transaction with complete visibility to the user and all survey questions and answers.

“Today many companies rely on an inconsistent and, often inaccurate, manual process to administer end-use surveys to determine if the intended use of their shipped goods is in compliance with export controls,” said Nathan Pieri, SVP Marketing & Product Management, Management Dynamics, Inc. “Our new End-Use Manager product makes it possible to manage the process centrally and distribute via a simple web-based solution for employees that must interact with customers, suppliers and contractors.”

What is on the table doesn’t deliver “meaningful market access in the part of the world that will be growing and driving GDP growth over the next few years,”  U.S. Trade Representative Ron Kirk said, in a reference to countries like China, India and Brazil.

Not all countries are statisified with what is on the table so far. Some believe that the wealther countries will still profit more than the developing countries.

But, as Mr. Kirk puts it best:

The Doha Round “is like a cricket match. You don’t know the score and it takes a long time, but it does end, and there is a winner.”

To continue reading, click here.

More than 85 percent of trade between Mexico and Canada is through surface transportation. According to the article, it is believed 2010 will be in improvement as signs show a turnaround in  trade and the value of surface trade has a 5 perfect raise.

To read the full article, click here.

Compared to last year, Peruvian imports and exports are more than a billion U.S. dollars in trade with these four countries, and Peruvian exports has risen by 18 percent .

The new trade agreement will benefit the fishing and industry sector in Peru.

To read more, click here.

The United States and the European Community(a.k.a. European Union) are number one and number two for both filing the most complaints and receiving the most complaints. Rounding out the top five for the World Trade Organization members, who file the most compliants are:

5. Mexico

4. Brazil

3. Canada

2. European Community

1. United States

Thoses members, who are subject to the most trade complaints are:

5. Argentina

4. China

3. India

2. European Community

1. United States

Many of these disputes vary such as export curbs to the latest import ban of seal products from Canada. According to the article, more of the wealther nations tend to file complaints to the WTO dispute settlement body compared to other members.

To view the full lists, click here.