News 24 Jun. 2021
Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
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News 23 Jun. 2021
Ibrahim Elsadig joins Curtis as Partner in Dubai
Client Alert 24 Feb. 2022
EU, UK, Japan and Australia Impose Sanctions on Russia
News 09 Aug. 2021
Curtis, Mallet-Prevost, Colt & Mosle enters into association with Chevalier Law in Singapore.
Client Alert 23 May. 2022
U.S. President Biden Issues Seventh Tranche of Economic Sanctions
News 06 May. 2022
Curtis Advises Terna Group on the Sale of its Latin America Power Transmission Assets to CDPQ
Event 24 May. 2022
Claudia Frutos-Peterson to Moderate Panel at Latin Lawyer and GAR Live: Arbitration Summit 2022
Event 26 Apr. 2022
Claudia Frutos-Peterson Speaks at CAI Costa Rica’s 13th Congress of International Arbitration
Event 23 May. 2022
Marco Blanco & Olga Beloded Taught 3-Day LLM Course on International Taxation, Hosted by the DIFC and University of Paris II - Assas
Partner Antonia Birt to Speak at Equal Representation in Arbitration Event Entitled "Diversity and Inclusion, Arbitral Institutions, and Users"
News 24 May. 2022
Curtis Sponsors New ASIL Prize for Best Article in International Dispute Resolution
Client Alert 21 Apr. 2022
New Laws Targeting Assets of Russian Oligarchs: The U.S. Announces Task Force KleptoCapture and the Kleptocracy Asset Recovery Rewards Program
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
International Trade
Trade compliance encompasses all of an organization’s processes and procedures that ensure it complies with domestic and international trade rules, regulations, and laws. It includes interrelated concepts like import compliance, export compliance, and import and export controls. Effective trade compliance typically requires that an organization embed its control systems across multiple departments (like legal, operations, and sales) to decrease the chances of running afoul of national and international trade rules.
Import compliance refers to the entirety of an organization’s import control and management systems. These systems are designed to decrease the likelihood of the organization contravening a domestic or international trade rule or law. Effective import compliance must typically involve employees and departments from all parts of the company’s supply chain.
The process of import and export depends on a huge number of factors, including the country of origin and the destination country of the goods being shipped, the identity of the importer and exporter, the customs rules and regulations of the importing and exporting nations. Even in cases where the importing and exporting nations are members of a free trade agreement, the import and export process is extraordinarily complex. An import and export compliance regime should be in place to ensure adherence to all local and international trade rules.
You get an import license in different ways, depending on the country in which you reside and the type of good you seek to import. For example, American citizens typically don’t need a license to import most goods. However, certain categories of merchandise require them to obtain a license in order to comply with import and export controls. In most cases and countries, you apply to your national Customs control agency to obtain an import license.
Daniel Porter
Partner
ITC Injury Proceedings
WTO and International Trade Dispute Settlement
Trade Remedy Practice
Washington, D.C.
+1 202 452 7373
Beijing
+86 10 8564 6200
Geneva
+41 22 718 3500
News 12 Jun. 2020
Legal 500 USA Recognizes Curtis Practices and Attorneys in 2020 Edition
News 20 Feb. 2020
18 Curtis Practice Areas and 22 Individuals Ranked in Chambers Global 2020
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