The Foreign Trade Secretariat of the Ministry of Development, Industry, Commerce and Services (Secex/MDIC) and the Special Secretariat of the Federal Revenue of Brazil of the Ministry of Finance (RFB/MF) inform that the import operations […]
The nature of international trade has undergone significant transformation over the last 500 years. What started as local village exchanges of goods, evolved into a global market by the 16th century with ships traveling to […]
The rise of e-commerce has reshaped global retail, prompting countries to reassess tax policies and trade compliance measures. As governments tighten regulations, the impact on local markets and consumers remains uncertain, raising questions about the […]
The Olympics are an incredible showcase of athletic talent and international unity, but have you ever wondered about the massive logistical puzzle behind the scenes? From ensuring that every athlete's gear — be it fencing swords or gymnastics mats — arrives on time, to shipping it all back home afterwards, it's a Herculean task. With Paris preparing for the 2024 Games, let's look at how the global trade networks make sure all athletes have what they need to compete at their best.
The European Union is undertaking a challenging initiative to revamp its customs union. The proposed reforms aim to broaden and deepen segmentation and prior certification use. Only operators holding an AEO certificate will be qualified to benefit from simplified procedures and enjoy facilitation in import and export. Economic entities recognized as Trust & Check Traders will have access to advanced customs services without intervention. A Customs Control Tower equipped with a skilled team and a sophisticated IT system will guarantee customs compliance and streamline operational management within this framework.
In an era defined by rapid technological advancements, CATTS Data Protection's Quarterly News for FY24/02 provides a crucial overview of pivotal developments in data protection across the European Union, Poland, the Netherlands, Spain, Mexico, India, and Brazil. As society becomes increasingly reliant on digital platforms, understanding the profound impact of regulations and decisions in the realm of data protection is paramount.
In international trade, meeting the rules of origin is critical for accessing preferential tariff treatments under various trade agreements. The Tax Administration Service (SAT) in Mexico, a key player in global trade, conduct rigorous origin […]
After decades of discussions, the Brazilian Government is implementing a significant tax reform that has already been approved by the Chamber of Deputies and is currently being analyzed by the Federal Senate. Key Aspects of […]
The journey toward automating global trade compliance is fraught with challenges, notably for organizations that find themselves constrained by a lack of in-house expertise and capacity. This final article in our series focuses on overcoming […]
The Brazilian government is set to announce significant changes to the import tariffs for electric and hybrid vehicles later this year. This long-awaited policy shift aims to stimulate national production of electrified vehicles and reduce […]
In the previous article of our series, we explored the complexities and challenges inherent in managing global trade compliance. As customs and trade compliance managers grapple with these obstacles, the necessity of transitioning from traditional, […]
In a significant move to streamline foreign trade operations, Brazil has introduced the DUIMP (Single Import Declaration), setting a new standard in the import process. This innovative approach is poised to replace the traditional DI (Import Declaration) […]