Trending topics:
27/11/2015
All parties in all commercial transactions should be aware of the potential for fraud. In some cases those parties you negotiate with may not even be aware of the liability they pose. Being vigilant by doing your due diligence is the only real way to prevent fraud in your international contracts.
15/09/2015
Your contract, whether national or international, is always the first point of reference when a dispute arises between two commercial parties, and will guide an arbitrator or judge in determining your respective rights, obligations and remedies.
06/08/2015
Tariffs are taxes that countries impose on imported products for one of two major purposes: protectionism or social change. To avoid getting overcharged at the border, learn the tariff rules for imports better than the customs agents.
18/06/2015
Compliance programs avoid corruption by helping companies on the right side of the law. But this needs to be balanced with an understanding that no policy can ever contemplate every possible risk. They need to proscribe behavior that is not permitted, while recognizing that few decisions fall on one side or the other of a bright line.
28/05/2015
The “Rules of Origin” under NAFTA are the criteria used to determine the country of origin of a product that is being imported or exported within the NAFTA region.
As part of NAFTA, the United States, Canada and Mexico (the “Parties”) have all agreed to reduce and/or eliminate tariffs on goods that originate from their respective territories. However, the Parties continue to apply significantly higher tariffs to goods that do not originate in one of the NAFTA countries.
27/05/2015
Stephanie Kam, CITP|FIBP is a Senior Consultant Project Finance with CPCS Transcom Limited, where she specializes in project finance and legal issues surrounding international infrastructure projects. She is an ambitious, motivated individual who has a passion for experiencing the world through travel and working with people from different cultures. It is largely this attitude that is responsible for inspiring her career in international trade.
14/03/2014
When doing business internationally, there are numerous areas for negotiation. What happens if the merchandise is damaged during transportation? What inspections or authorization paperwork is…
25/02/2014
I started the job hunting process at least six months before I graduated from Fanshawe College’s FITT-accredited international business program. I think the most important thing in the job hunting process is to identify your career goal or objectives first, and start to get ready early. Having my career goal set up long before I started the program, I knew I wanted to work for a company involved in international trade.
03/01/2014
“There’s a huge demand for FITTskills training in Iraq because there are no universities or institutions here that teach international business,” says Bill Kosar, CITP and FITTskills instructor currently delivering global trade courses throughout the Iraq.
10/12/2013
Until recently, neither Ahmed Awnie Abdulateef nor anyone at his company had ever heard of a commercial line of credit. The concept simply doesn’t exist in their home country of Iraq.
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