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What is Global Trade Compliance?

Global trade compliance encompasses the way in which goods are imported and exported across country borders. Countries have unique and varied import and export laws and regulations. Trade compliance training is a critical need for international organizations. Successful employee awareness and guidance to cross-border interactions are key to avoiding costly compliance violations.

According to FlashGlobal, “a trade compliance violation occurs when a company, person or third-party entity knowingly or unknowingly commits an act that violates aspects of a recognized and established rule or regulation governing the movement of goods across a country’s border.”