Fostering strong collaboration among supply management and trade compliance professionals is a good way to ensure that trade compliance does not become a stumbling block to business efficiency.
There are numerous U.S. laws and regulations governing the export and import of goods and services. The two regulations with the greatest everyday impact on the global supply management function are the International Traffic in Arms Regulations (ITAR), administered by the U.S. Department of State, and the Export Administration Regulations (EAR), administered by the U.S. Department of Commerce.
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Keywords: international trade, U.S. import-export statistics, U.S. trade regulations, trade regulation compliance, denied-parties screening
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