News on trade and customs developments from all over the world
Dear reader,
These days it is more than difficult to focus on other things than the horrible developments in Ukraine. We all hope of course that the suffering and the military action will end soon.
In the wake of these developments, topics closely linked with customs are now influencing companies ́ daily business more than Covid-19 – the global sanctions that have been declared against Russia and Belarus, their leaders and many other people from there have an immediate effect on the supply chain. Questions like the following need to be answered almost every day:
- is it allowed to send the respective goods to countries/regions affected by the sanctions?
- are the ultimate customers listed?
- how can payment be organised?
- will we find someone to transport the goods? and
- is it morally acceptable to have economic relationships with the sanctioned countries?
Our customs and trade experts from across our WTS Global network are available to answer all these questions and to help you meet the economic challenges arising from this terrible war. Please feel free to contact me and I will gladly connect you with our specialists all over the globe.
Our German-speaking readers may also like to read through our special newsletter edition focusing on the latest sanctions against Russia and Belarus, which can be found here:
Nevertheless, in this newsletter we have compiled a huge variety of the latest global customs developments for you. These articles cover the whole world and the whole range of customs issues.
We do hope that the content is interesting for you and that we can again – as in our previous editions – meet your expectations.
Enjoy reading the newsletter and stay safe!
Best regards,
Kay Masorsky