The tougher the international competition, the greater the demand for payment terms from the manufacturer. Currently, the disruptive measures taken by many national governments are increasing the need for export cover.
The EU's 16th sanctions package against Russia and Belarus has been somewhat lost in the excitement surrounding US President Trump. But there are new risks and details that VDMA members have to deal with.
Current issues relating to Russia sanctions, international procurement attempts, goods list checks, fulfillment bans and much more were discussed by 38 participants at the annual exchange of experiences of the Austrian national association.
What's new in the area of export controls? What do you currently have to be prepared for in practice? The event addressed the most important developments.
Among other things, the event covered changes in the areas of ATLAS exports, carbon offset tax (CBAM) and customs clearance in third countries.
Russia is trying by all means to covertly procure sanctioned goods in the EU. This creates a risk of unintentionally becoming involved in sanctions violations. VDMA Foreign Trade provides tips on how to react to this.
