Altana’s Post

Some straightforward application of artificial intelligence to help simplify trade compliance and border procedures. Reach out to discuss and explore other use cases. https://lnkd.in/e_EmFZz9 #techUKInternationalTrade #trade #genai #conversationalai

Combating Illicit Trade Summit of Customs Directors-General Americas Región March 27, 2024- Panama City Inspection AI + Customs Technology will always be an excellent tool in the fight against illicit trade. This is an intelligent platform to identified fake and genuines goods, among other inspection services. #techexhibitions #AI #securetrade #customs

Conversational engagement with complex legislation can expedite trade at the border, supporting business and reducing the administrative overhead for government departments. My colleague Elise shares further detail on work we are doing to simplify common trade journeys using conversational AI Models to help businesses navigate legislation and requirements for cross border trade. #techUKInternationalTrade #trade #genai #conversationalai

With all the ethical explication of AI in “Reasonable Care”. Remember, folks, navigating customs, sanctions, or classification is not an AI task! Trade smart, trade compliant, and let's make international trade a little less intimidating, one post at a time! 💼🤝 #AlPromptingEssentialsCertified #TradeCompliance #InternationalTrade #CBLE

Ever wondered what the differences are between EU and US Customs? Well, we got some pretty good TradeGems💎 for you with Fiona Luciani from International Trade Institute If you want to checkout more of these, subscribe to us on YouTube!

Role of AI in Trade finance AI-powered systems can analyze documents, detect anomalies, and flag potential risks, enabling faster and more accurate customs clearance. This not only improves the efficiency of international trade but also enhances security and compliance measures.

📑 We were pleased to contribute to the National Audit Office's call for evidence on the UK border. The consultation discusses how effectively businesses have been able to trade across the border since the Brexit transition period, and what improvements can be made.   🚢 IoD evidence shows organisations have found importing and exporting post-Brexit to be challenging. Businesses have faced rising costs, delays and friction relating to the administrative burden. Many are exporting less, or have stopped altogether.   ⚡ Of the border transformations in train, IoD members are most optimistic about digitisation, specifically the Single Trade Window, which will create a single online entry point for all border data.   Read our full analysis below. ⤵ #InternationalTrade #Business #UnitedKingdom #EU

Global Trade: U.S. Customs and Border Protection (CBP) Reveals Duty Evasion Scheme This revelation underscores the critical importance of robust compliance measures in the global trade landscape. Without accurate product classification, companies are not just vulnerable to significant compliance risks, including fines, loss of trade privileges, and even legal repercussions, but also jeopardize the integrity of global trade. Ensuring correct, consistent, and legally defensible ECCN number lookups and classifications is therefore paramount to safeguarding trade integrity and mitigating potential liabilities. Read More: https://lnkd.in/eba54R8n OCR’s Product Classification Software Solution empowers businesses to determine global product classifications or ECCN numbers with precision and confidence. By leveraging OCR’s solution, companies can proactively navigate complex trade regulations, minimizing the risk of misclassification errors and subsequent compliance breaches. Learn more: https://lnkd.in/gdHMxsjs #GlobalTradeCompliance #ProductClassification #CustomsBorderProtection

As Nanodems, we recognize the significance of #WorldCustomsDay in promoting the secure and efficient movement of goods across global borders. Our innovative software empower agencies to enhance their operational efficiency, ensuring that trade compliance and security measures are met with the highest standards.   Today, we celebrate the critical role of customs officials in maintaining the integrity of international trade and commit our continued support to enabling a safer and more secure global trade environment. #PSIM #WorldCustomsDay2024

Our blog on the Directorate General of Foreign Trade's notification on easing the restriction on movement of used IT assets from Special Economic Zone to Domestic Tariff Area, is up!   Read more at - https://lnkd.in/dTCitsXQ Follow our Trade and Regulatory Compliance Practice’s blogs for regular updates on cross-sectoral business compliances and regulations. #tradecompliance #regulations #policy #saikrishnaandassociates #businesscompliance #regulatory #easeofdoingbusiness Ameet Datta Suvarna Mandal Jasman Dhanoa Rishikaa . Ananya Singh Ayush Kulshrestha