Legal Approaches in International Trade Compliance
https://doi.org/10.17803/2713-0533.2024.4.30.761-787
Abstract
Modern conditions imply the need for compliance procedures, the use of civil law instruments of due diligence, assurances and guarantees, etc., for the implementation of international trade relations, including various kinds of economic restrictions. Compliance with the requirements of international trade law has a significant impact on the development of industrial and trade relations complicated by a foreign element. The process of ensuring compliance with the requirements of international trade law refers to international trade compliance. When implementing international trade compliance procedures, it is important to ensure legal monitoring and control over export-import relations, in particular, international trade transactions, logistics, settlements, customs procedures, administrative and other mandatory requirements of the national legislation of exporting and importing countries, etc. In a dynamically changing environment, international trading companies must adapt to the new rules in order to ensure stability and legitimacy of cross-border trade operations, while respecting ethical and legal standards.
The purpose of the paper is to study international trade compliance and determine its legal nature, propose the most effective legal compliance practices in the field of international trade and good practices for working with various regulatory requirements, develop proposals for optimizing legal educational programs in the field of international trade compliance, suggest new ideas for the use of automated solutions in the field of compliance and systematization of sanctions and anti-sanction restrictions.
About the Author
B. A. Shakhnazarov
Moscow Bar Association
Russian Federation
Russian Federation
Beniamin A. Shakhnazarov, Dr. Sci. (Law), Advocate
Moscow
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For citations:
Shakhnazarov B.A. Legal Approaches in International Trade Compliance. Kutafin Law Review. 2024;11(4):761. https://doi.org/10.17803/2713-0533.2024.4.30.761-787
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