AAEI Signs Agreement with Counterpart in South Korea

AAEI Signs Agreement with Counterpart in South Korea AAEI signed a memorandum of understanding (MOU) with its counterpart in South Korea, the Korea Importers Association (KOIMA). The objective is to enhance trade relations, facilitate knowledge exchange, and encourage mutual business opportunities between the members of both organizations in the Republic of Korea and the United […]

AAEI Responds to CBP on New Rules for FTZs

AAEI is calling on U.S. Customs and Border Protection (CBP) to reevaluate its decision, announced last week in a Cargo Systems Messaging Service (CSMS) message, prohibiting importers from using  Foreign Trade Zones (FTZs) to store detained shipments under investigation for forced labor. CBP says the new rule to limit the use of FTZs is “due […]

AAEI Files Comments on Canada’s Last Sale Rule Proposal

AAEI filed comments with the Canada Border Services Agency (CBSA) on proposed regulations amending Canada’s valuation for duty regulations, urging Canada not to proceed with the proposed change. The proposed regulations include a new definition for “sold for export to Canada” and change the current definition of “purchaser in Canada”. The CBSA says, “Canada’s regulatory […]