The global supply chain is now more interconnected than it has ever been, and with this connectivity comes the responsibility of making sure that raw materials are sourced ethically and transparently. Governments, trade associations, and industries have created strict requirements that ensure that minerals used in electronics, automotive, aerospace and consumer goods do not contribute […]
Responsible sourcing has become a global priority, with governments, industries and consumers wanting to know the origin of minerals and if they were responsibly sourced. This demand has put a lot of pressure on manufacturers to provide transparency into their supply chain. Transparency is not easy to achieve, since minerals may change hands a number […]
In trade and commerce, coding standards are essential for identifying, classifying, and tracking goods and services across borders. These codes ensure consistency, accuracy, and compliance with regulations in customs, tariffs, logistics, and supply chain management. 1. Harmonized System (HS) Codes Purpose: International classification of traded products. Issued by: World Customs Organization (WCO). Format: 6-digit universal […]
The European Chemicals Agency or ECHA has recently made changes to its Classification and Labelling Inventory. This update affects how companies handle and keep track of chemical substances in the European Union. If your business deals with regulated materials or works with global suppliers, knowing about these changes is important. Here is a simple breakdown […]
Responsible resourcing has become a crucial part of the interconnected global economy which is turned into more responsibility. One of the most concerning matters in business especially while dealing with electronics, automotive and manufacturing sectors is the sourcing of the conflict minerals. These minerals include tin, tantalum, tungsten, and gold (3TG) which are essential for […]
The Eastern Democratic Republic of the Congo or DRC is a well-known region of immense mineral wealth encompassing vast resources of tin, tantalum, tungsten, and gold. These minerals are well-known as 3TCG and they are indispensable for the industries worldwide right from making electronics and jewelry. However, the extraction and trade of these minerals have […]
1. HS Code (Harmonized System Code) Definition:The Harmonized System (HS) is an internationally standardized system of names and numbers used to classify traded products. Issued by:World Customs Organization (WCO). Format:A 6-digit code, which can be extended by individual countries. Structure: First 2 digits → Chapter (product category). Next 2 digits → Heading (specific group of […]
The ECHA or European Chemicals Agency is stepping forward for a new crucial role in the enforcement of Packaging and Packaging Waste Regulations. So, this regulation came into effect from February 11, 2025 assigning ECHA the responsibility for identifying the harmful chemicals in the packaging and if necessary it is essential to propose the restriction […]
The process of exporting and importing the goods internationally navigates through numerous compliance and various regulations. The compliances and regulations include right classification of products using the export codes. Hence, this situation makes the business owners under the distinction between the Export Control Classification Number (ECCN), Harmonized System (HS) codes, Harmonized Tariff Schedule (HTS) codes, […]
The azole fungicide is quite widespread in agriculture and other industries contributing greatly for growing global health called antifungal resistance. The recent report which was issued by the EU health and environment agencies supported by the European Commission’s Joint Research Centre (JRC) highlights the underlying risks in the issue. The study also underscores the excessive […]
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