Tax & Accounting Blog

Free Trade Agreement (FTA) Automation

Free Trade Agreement (FTA) Automation

Blog, Global Trade August 12, 2016

In some companies upper management may not have a complete understanding of the importance of trade compliance leading to a perception of a lack of value tied to what the department does.  With this type of atmosphere, trade compliance personnel may be tasked with justifying the size or even existence of the department.  Even without … Read More

China Tire Industry Is Facing A Storm

China Tire Industry Is Facing A Storm

Blog, Global Trade August 5, 2016

2015 was an awful year for China’s tire industry, as evidenced by the annual figures from China’s tire makers; noting sales down by 20% or more. In the newest report from China Customs (dated Jan 2016), China exported 44.451 million new pneumatic rubber tires. This represents 6.6% decrease year-over-year and an Export Value of USD … Read More

How Can You Thrive Globally?

How Can You Thrive Globally?

In this ever-changing and competitive landscape, companies can no longer just “be” global they need to “thrive” globally. Supply Chain compliance is no longer a process limited to trade professionals but rather an all encompassing  effort that crosses many parts of an organization; from Legal, IT, Tax and Finance to logistics. Often times supply chain … Read More

Mercosur and EU FTA

Mercosur and EU FTA

Twelve years after the first discussions about a possible Free Trade Agreement between MERCOSUR[1] and the European Union, members of the two blocs met in Brussels on 12 May 2016 and exchanged a list of commercial offers between them. This exchange, which occurred for the first time since 2004, included almost all agricultural … Read More

South Africa Customs Legislation Is Changing For The Future

South Africa Customs Legislation Is Changing For The Future

New legislation will affect customs systems, processes and policies In order to cope with demands of growing global trade and challenges of organized crime, South Africa is moving  forward with international trends  in modernizing customs systems to minimize their disruptive effect on legitimate trade (as much as possible).  International conventions such as the Revised Kyoto … Read More