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Kevin Duncan, CITP|FIBP, is a Senior Buyer Technical Procurement at NOVA Chemicals, where he ensures compliance with all customs, and manages an important supply portfolio, providing competitive pricing while maintaining strong supplier relationships.
The United States and China announced a breakthrough agreement late last year to combat climate change by reducing CO2 emissions by the year 2030. How will agreements affect global trading SMEs?
Sanctions compliance is more important than ever. As a result, companies need to spend more time to review, assess and enhance their sanctions compliance strategies.
Over the course of his career, Gus has accumulated both the practical experience and the education to excel in exports and imports. He is excited to use what he has learned from both paths to continue to seize on new and exciting international business opportunities as Managing Partner of Global Exports Leaders Corp. in Toronto.
Reporting to the Manager Trade Processing, the Trade Services Officer will offer support with the end to end processing of Trade Services products, i.e. Export/Import Documentary Letters of credit, Guarantees/Standby Letters of Credit and Documentary Collections.
The Supply Chain Manager will manage all material functions including the flow of materials, from supplier through production to customer, ensuring maximum Customer service, minimum inventory investment, minimum transportation costs and efficient plant operations.
The ‘old-fashioned’ notion of ethical conduct in international business, and doing what’s right (for its own sake, can you believe it??!) has somehow gotten terribly lost, and risks being lost even more strikingly when businesses of all sizes and businesspeople of all levels venture into international markets.
When China proposed its new international financial institution, the Asian Infrastructure Investment Bank (AIIB), in April, a number of Western nations – including the United Kingdom and Norway, among others – were eager to join it.
The U.S.’s hesitation to join China’s AIIB has left many shaking their heads.
Occasionally, huge companies fail in new markets. Just because a company may have an internationally recognized and respected brand does not mean that it is invulnerable to failure when it tries to enter a new space.
Here are some of the most famous market entry failures of the past few decades, and the lessons to be learned from them.
Make no mistake about it – sanctions enforcement is here to stay. We are at an important crossroads – the Department of Treasury’s Office of Foreign Asset Control is flexing its compliance enforcement muscle, along with the criminal prosecution capabilities of the Department of Justice.
In the years to come, we will look back on these days as the beginning of a new era of sanctions enforcement.
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