Due to today’s extensive global commerce, every country has different regulations and treaties for correct quality and safety control that companies must abide by.
Because nowadays any person is vulnerable to external factors, such as, illegal substances, weapons, epidemies, etc., countries establish many regulations for control of goods, services and people entering their territory.
Which is why international trade compliance plays a big and important role in the strategic practise of companies effective trading.
It enables businesses to minimize risks of fines, penalties, shipment delays, etc. by accordingly complying with a country's controls.
If a company does not abide by customs regulations, this can be subjected to risks that can be incredibly damaging to the company.