Uncategorized

As we step into 2024, the global trade landscape continues to evolve, shaped by the lingering effects of disruptions in 2023. Businesses face many challenges, from geopolitical tensions to cyber threats, supply chain transformations, and sustainability demands. In this comprehensive blog post, we’ll delve into the vital trade developments of 2023 and offer predictions for […]

Tapping into offshore markets comes with considerable red tape. Obtaining licenses, clearing customs, paying tariffs, and arranging logistics from afar are daunting. Complying with the most up-to-date domestic and international regulations can feel like playing a game with constantly changing rules. How can your company export with confidence?   Today’s global businesses need a repertoire

A more secure workplace is a top priority for employees returning to work after a mass work-from-home hiatus brought on by the COVID-19 pandemic.    With more threats than ever, especially to facilities producing heavily regulated products for export, such as aerospace manufacturers, organizations and employees alike are looking for ways to tighten security and

Taking your business to an international level allows you to reach new customers, get better prices on manufacturing, and ultimately, make more money.    Unfortunately, once your business goes global, you’re suddenly susceptible to risks that you might not have considered before. Your company is now under new tax laws, import and export duties, and

With the increase in eCommerce and accessibility to international travel, companies continue to grow and expand overseas, finding new business partners, suppliers, and consumers worldwide. This global approach to business allows companies and consumers to save money on manufacturing and access various resources and products.    As these companies start selling and shipping internationally, new

While global trade organizations continually collaborate to promote international uniformity in product classification, there are several different classification systems in place that traders must recognize to ensure compliance.    Beyond globally accepted classifications, each country has the latitude to tack on additional specifications for products moving across their borders.    Let’s look at the types

Often, global trade news features two of its most prominent participants: the United States and China. The Western World continues to engage in extensive trade with Asia, resulting in an endless webwork of trade policy and even trade wars between participating nations.   Still, how do other areas of the world – like Latin America

If your organization is new to global trade, you likely have a lot on your to-do list. Before you start cutting deals, one fundamental legality to understand and implement is denied party screening.    At OCR Global Trade Management, we understand that it’s easy to get overwhelmed by the international webwork of laws and regulations.

Today’s international market is evolving faster than ever, and as the potential for economic advancement grows, so do the dangers and risks. Conducting business with the wrong people can cost you thousands of dollars in fines and jeopardize your global reputation.   Fortunately, there are measures you can take to protect your business. For example,

Whether you’re a small sole proprietorship or a Fortune 500 company, good business practices will contribute to having a successful business. In addition, forming strong business relationships with dependable clients creates a business environment built on trust and loyalty.   Unfortunately, the world is filled with individuals seeking to utilize a business entity to bring