04.20.2021
In the world of today’s international trade, we have witnessed certain activities like the opening of borders (within the concept of Free Trade) and rapid growth in the informational resources market. Exporting products, services, and technology around the world all are required to comply with international export, trade, and financial laws. The global scope of this trade and export is now more important than ever, especially when it comes to multi-national initiatives in the military and civil sectors.
Failing to comply with these rules can cause delays in shipment, fines, and even civil and criminal penalties. When your fleet is depending on you to get back in the air, you can’t afford to be grounded because of setbacks in the trade compliance process.
Regardless of the specific consequence, what is certain is non-compliance will ultimately eat into your bottom line. At S3, it’s important for us to ensure our partners have the resources to mitigate these risks. Our Trade Compliance Team is here to provide compliant solutions and additional support to our customers.
Here are 5 things you should know to help you understand International Trade Compliance.
Let our team at S3 AeroDefense help take the stress of our international trade compliance to ensure that you aren’t putting yourself at risk or losing time when you need it the most.