Trade Compliance Program

A Trade Compliance Program is a set of company policies and procedures designed to ensure that international trade activities adhere to all relevant laws and regulations. It helps prevent illegal or improper imports and exports, avoiding fines, penalties, and reputational damage. The program involves understanding customs requirements, tracking shipments, properly classifying products, and maintaining accurate documentation. By following these practices, a business can operate smoothly across borders, reduce risks, and promote ethical and lawful trading. Essentially, it's a strategic approach to managing international trade obligations responsibly and effectively.