International Trade

Are you Certified in International Trade?

sbdcThe Fort Lauderdale Small Business Development Center (SBDC) is hosting its coveted 2015 International Trade Certification Program from May 28, 2015 through June 18, 2015 – and YOU should seriously consider registering for this program – below details why.

THE SBDC HAS EXTENDED THE REGISTRATION DEADLINE TO MAY 22, 2015. Act Fast!

If you are thinking of entering the international market, or are already in the international market and want to improve – this program is for you. You will learn, from EXPERTS, how to perform market research, cross cultural communication, Legal/Intellectual Property Rights issues, Free Trade Agreements, export laws, export financing, logistics, and pricing (and more).

I have the honor of teaching two of the seven modules – Legal/Intellectual Property Rights issues and Free Trade Agreements.
Once the program is over, you are well positioned to take the NASBITE Global Business Professional Exam. If that’s not enough, you will have the ability to network with like minded international business professionals, and each course comes with dinner!

Here is a program flyer with additional information:
  sbdc 2 
The fee for the 7 module course is $550, and also includes a textbook. You may register HERE. 
I wholeheartedly endorse this terrific certification […]

TOP Questions and Answers on Obama’s Cuba Announcement

Top Questions and Answers in regards to the December 17, 2014 announcement by President Obama stating the U.S. will lay out “a new course in our relations with Cuba.”

Q: Will Cuban cigars be readily available for U.S. consumers? A: No.

Q: Will the Sanctions imposed by the Cuban Assets Control Regulations end? A: No, that would require Congressional approval.

Q: Will the changes take effect immediately? A: No, OFAC made it clear, changes will not be effective immediately. The changes may take place, but, the overall Cuba Sanctions will still stand. In order for the changes to take place OFAC has to amend its Cuban Assets Control Regulations and the Department of Commerce has to change its Export Administration Regulations. None of the changes will take effect until the new regulations are issued. OFAC advised it “expects to issue its regulatory amendments in the coming weeks”.

Q: Will any U.S. person be able to travel to Cuba for any reason? A: No, there are 12 specific “authorized traveler” categories, only those will be authorized to travel to Cuba. Q: What are the 12 specific “authorized traveler” categories? A: Family visits; official business of the U.S. government, foreign governments, and certain intergovernmental organizations; journalism; professional research and professional meetings; educational; religious; public performances, clinics, workshops, athletic and other competitions, and exhibitions; support for the Cuban people; humanitarian projects; activities of private foundations or research or educational institutes; exportation, importation, or transmission of information or information materials; and certain export transactions that may be considered for authorization under existing regulations and guidelines.

Q: Will any of […]

Exports from China are on the Rise – What is your IPR Plan?

On April 11, amid a high demand for soccer apparel in preparation for FIFA World Cup, U.S. Customs and Border Protection (CBP) seized counterfeit soccer apparel shipped from China to the Port of Savannah. The value of the seized goods exceeded $1 million in manufacturer’s suggested retail price (MSRP). The apparel seized contained counterfeit trademarks of the following professional soccer clubs: Arsenal, Barcelona, Celtic, Chelsea, Mexican Federation, Paris Saint-Germain, and Real Madrid.  Little did they know they should have tried to import Germany’s soccer club’s apparel. “You look at that Chelsea patch, and it just looks off,” said Steve Sapp, a spokesman for U.S. Customs and Border Protection. “The last B is smaller than the rest, and that’s the kind of thing you often see with these counterfeit goods. Our investigators know the signs that these goods aren’t real.”  Both images are provided below for you to see for yourself – check out the extra space at the top, and the “u” in club.

This month, CBP again seized a shipment of counterfeit soccer apparel from China. This time, the shipment arrived in San Juan, Puerto Rico and the apparel consisted of Brazilian, Italian and Argentinian national soccer clubs’ uniforms. “The trade in these illegitimate goods is associated with smuggling and other criminal activities, and often funds criminal enterprises”, stated Area Port Director Juan Hurtado.  The apparel shipped to Puerto Rico violated the intellectual property rights (IPRs) of Puma, Adidas and Nike.

With exports from China rising, protecting intellectual […]

Do You Know the Top 10 Tips When Importing?

Do you know the top 10 tips when importing to ensure compliance? If not, here’s why you should listen to my Compliance Online webinar that took place on June 27, 2013 at 10:00 a.m., EST.

If you import merchandise into the U.S., you are the responsible party and must be aware your requirements and potential liability. In this presentation, we will discuss how to comply with U.S. Customs and Border Protection’s (CBP’s) vast laws and regulations. By the end of the webinar you will know and understand the importance of:

  • Tariff classification;
  • Customs valuation;
  • Country of origin marking;
  • Intellectual Property Rights (IPR) Protection and CBP Enforcement; and
  • Free Trade Agreements (FTA) you should be taking advantage of.

You will also learn basic customs concepts and terms like:

  • CBP Form 3461 & CBP 7501;
  • Protests;
  • Seizure cases;
  • Liquidated damage claims, Penalties/Fines;
  • Prior disclosure; and
  • FP&F Petition Process.

Learn key best practices and hear real life case studies. Learn what to do, and more importantly, what NOT to do, and what the consequences are for non compliance.

To hear the recorded version of this webinar, that took place on June 27, 2013, click here.

An International Business Masters: Success in a Borderless Economy

 

Rapidly advancing technologies offer businesses the chance to enjoy an international presence. In line with the increasing opportunities for businesses to conduct their affairs on a global scale, there is a growing demand for expertly qualified individuals who understand the intricacies of international business practices.

It is unlikely that a bachelors degree on its own will suffice to launch an executive level career in international trade. Although there are certain elements of business studied at an undergraduate level that will put a student in good stead for a future career in the field of international trade, the majority of recruiters will require applicants to be educated at a graduate level. A Masters in International Business offers a focused route to becoming the type of applicant that business leaders want to hire.

MBA/MIB courses in this area will typically include study of the core subjects involved in any masters program. Each college and university is different, but core subjects generally include such topics as financial reporting and analysis, the legalities of operating a business, and managerial economics. Following completion of requisite courses, students will move on to specialize in the various aspects of corporate management at an international level. These may include such subjects as international trade laws, global logistics, and foreign market investments. It is also likely that students will be expected to achieve competency in one or more foreign languages. Internships at companies based overseas may be offered.

Where to Study a Masters in International Business

Many business schools offer electives in the […]

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