Tax & Accounting Blog

Russia and Turkey Foreign Trade

Russia and Turkey Foreign Trade

Blog, Global Trade August 26, 2016

On the 24th of November in 2015, a Turkish Air Force F-16 warplane shot down a Russian aircraft because of a violation of Turkish airspace. Immediately after the downing of the Russian jet, the Russian government placed some embargos on Turkey and also called its citizens not to visit Turkey, including cancelling any existing trips already … Read More

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