Asia

Webinars

Webinar: Technical Data and Services Export

TOOK PLACE: WEDNESDAY | MAY 27, 2020 | 12:00 PM EST // 4:00 PM GMT // 9:00 AM PST This webinar will be covering the management of export compliance with controlled technical data and services... Learn More >

Industry Blog

Everything you need to know about UK/EU Export Controls and Sanctions

Now that Brexit has finally materialised, traders based in the UK and the EU will have to alter their strategies significantly. The UK is no longer a part of the EU, and exporters need to... Learn More >

Global Trade Briefs

Global Trade Brief – March/April/June 2020

This month’s Global Trade Brief reviews personal protective equipment, COVID-19 relief imports web portal, the OFAC Fact Sheet on humanitarian assistance and trade, and more topics. Learn More >

 

 

Adopting a Flexible Approach

 

Asia is among the fastest-growing regions in the world. Countries such as China, India, and Indonesia have proved to be the world’s growth engine in recent years. However, the region suffers from several issues when it comes to trade. Perhaps the biggest challenge for Asian countries is to streamline their supply chains. At present, the supply chains in the region are unorganized and face major hurdles such as weak infrastructure and widespread corruption. Therefore, traders based in Asia need to ensure that they are paying enough attention to their sourcing mechanisms.

See How We Can Help

Helping You Stay On Top of Multiple Tariffs

The Asian region includes 50 countries, and each of these has its own rules and regulations. For instance, the tariff structure in China is very different compared to the one in Japan. This implies that international traders must remain updated about the tariffs and other regulatory requirements for each country. These regulations also tend to change on a consistent basis, indicating that traders need solutions that can keep them notified. Finally, traders also need to make sure that they are able to keep track of all their exports at one glance.