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Exporters often want to know: “Does my product need a license before I can sell it to an overseas buyer?” The answer is often “no,” as 95% of goods shipped from the U.S. don’t require a license. But exporters must do additional due diligence to make sure their goods are not sold to denied parties. In a new series of videos produced by the U.S. Trade Information Center and Foreign Trade Statistics, the basics of export regulations are presented in a clear and engaging way. The series also contains videos on how to use trade statistics to pinpoint best markets and the role of freight forwarders and letters of credit in the export process. According to video team leader Doug Barry, there are now 20 short videos to help U.S. companies successfully participate in the National Export Initiative.
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