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Last year, NASA and ESA began an ambitious project with the intent to gather rock samples from Mars, and have those samples brought back to Earth. This multi-billion dollar project began with NASA’s launch of Perseverance, a rover designed to drill for rock samples and store them for a return trip. In order to retrieve the samples, the aerospace manufacturer Airbus has been hired to build a specialized spacecraft called the ERO, or Earth Return Orbiter – a massive structure that will cross millions of miles to Mars’ orbit. From there, it will pick up the samples stored by the Perseverance and make a return trip to Earth, resulting in what could be considered the first interplanetary cargo delivery! The ERO is expected to launch sometime in 2026. Now the real question is, what duties do NASA and ESA have to pay for several tons of Mars rock?
CBP has released the UFLPA Operation Guidance for Importers. This document details the enforcement of the Uyghur Forced Labor Prevention Act and has operational guidance and best practices for importers to comply with the act, which went into effect on June 21, 2022. The guidance has step-by-step instructions on how to submit a request for exception to the rebuttable presumption, which prohibits importation of any “goods, wares, articles, and merchandise mined, produced, or manufactured wholly or in part in any foreign country by convict labor or/and forced labor or/and indentured labor under penal sanctions.” The guidance also includes an extensive list of resources for importers to use when doing their due diligence and maintaining the security of their supply chain, which CBP recommends all importers do as this act takes effect.
Independence Day is July 4th and many Americans spent this long weekend celebrating with a BANG! Fireworks have become an integral part of celebrating major holidays in America. Here are some fun facts about fireworks:
Happy 4th of July! Please make sure to be safe when using fireworks!
On August 1st and 2nd, 2022, the NCBFAA National Educational Institute will host the annual Global Trade Educational Conference (G-TEC) in Chicago. The conference is open to all importers and exporters, and will have sessions on many different topics featuring subject matter experts and prominent leaders in the industry. Topics include CTPAT, Binding rulings, export sanctions, trade remedies, forced labor prevention, tips on managing remote work, and many more. This event is a great opportunity for importers and exporters to learn more about compliance and improve the effectiveness of their due diligence. and provide due diligence. NCBFAA members that register will have access to member pricing and earn 14 CCS/CES credits. This event is also a great opportunity to network with others in the global trade industry.