Customs and Foreign Trade
Navy Admiral Grace Hopper once argued that “we’ve always done it this way”. This statement applies to customs and foreign trade law. But it describes a very dangerous scenario. Companies frequently execute customs processes according to the same routine principles. Too often, they do not reassess, and then adjust, their internal procedures in response to the constantly evolving practices of customs legislation and administration. Yet even minor formal errors in customs or export control processes can trigger such drastic consequences as customs charges, withdrawal of simplified procedures, or personal liability of managers and acting employees.