Trade Compliance Policy Statement
This trade compliance policy reflects our commitment to operate in accordance with our code of ethics and business conducts. It also recognizes that failure to meet trade compliance requirements can have serious consequences for us, including damage to the company’s reputation, monetary penalties, and suspension/revocation of the company’s exporting or importing privileges with a resulting negative impact to our suppliers and customers. Thus, we are committed to the implementation, maintenance and continuous improvement of a robust trade compliance policy which integrates compliance activities into our business processes.
All exports are to be accurately declared to the relevant officials of the export country, if applicable, under the laws of the export country;
Shipping documentation shall accurately describe item(s) being shipped as well as the applicable export classification and authorization; and
We shall have proper authorization to export or re-export items or technology controlled by government regulations.
All imports are to be accurately described to the relevant officials of the import country, if applicable, under the laws of the import country;
All Customs entries shall accurately state all required information, including the importer of record’s name and address, importer number, quantity, value, classification, duty preference eligibility, and country of origin for the imported items; and
We shall have proper authorization to import items or technology controlled by government regulations.
All employees are responsible for supporting the principles contained in this policy and working with business partners to monitor the company’s trade compliance.
This trade compliance policy shall be communicated internally to all employees, as well as externally to business partners, clients, and subcontractors via email attachment and website display.