What is a Countervailing Duty? Countervailing duties are import taxes imposed by governments in order to nullify the effects of subsidies given to foreign manufacturers by their own governments. By evening out the playing field, these taxes help protect domestically...
International Trade Logistics
What Is A Customs Invoice
What Is A Customs Invoice? A customs invoice is a document that importers and exporters use to declare the value of goods for customs clearance. The mandatory information on the customs invoice is essential for clearing customs in the receiving country. Customs...
Customs Trade Partnership Against Terrorism
What is CTPAT? The Customs-Trade Partnership against Terrorism (CTPAT) is a program that was established in the wake of the 9/11 terrorist attacks. The aim of the program is to protect and strengthen foreign trade and US border security. All organizations that are...
Agricultural Commodities Market
Agricultural Commodities The Agricultural Commodities Market is a market in which agricultural products are traded. The recent price increases in various agro commodities are the result of a variety of factors, including new epicenters, labor shortages, supply chain...