Compliance & Trade Regulations

Last Updated: October 22, 2025

1. Our Commitment to Compliance

Globe International Trading LLC is committed to conducting business in full compliance with all applicable international trade laws, regulations, and ethical standards. We maintain the highest standards of integrity in all our sourcing and procurement activities.

2. Regulatory Framework

We operate in accordance with regulations established by:

  • U.S. Customs and Border Protection (CBP)
  • International Trade Commission (ITC)
  • Bureau of Industry and Security (BIS)
  • Office of Foreign Assets Control (OFAC)
  • World Trade Organization (WTO) standards
  • Country-specific import/export regulations

3. Import/Export Compliance

Export Controls

We comply with all U.S. export control laws and regulations, including restrictions on:

  • Products subject to export licensing requirements
  • Dual-use items and technologies
  • Sanctioned countries and entities
  • Specially designated nationals (SDN) list restrictions

Import Requirements

We ensure compliance with import regulations including:

  • Proper product classification (HS codes)
  • Tariff and duty payment
  • Import documentation and declarations
  • Country of origin marking requirements
  • Product safety and certification standards

4. Sanctions Screening

All suppliers, manufacturers, and business partners are screened against:

  • OFAC Specially Designated Nationals (SDN) List
  • Bureau of Industry and Security Denied Persons List
  • UN Security Council Sanctions Lists
  • EU Consolidated Financial Sanctions List

We do not engage in business with entities or individuals on restricted lists or in sanctioned countries.

5. Anti-Corruption and Bribery

We strictly prohibit corruption, bribery, and any unethical business practices. We comply with:

  • U.S. Foreign Corrupt Practices Act (FCPA)
  • UK Bribery Act
  • Local anti-corruption laws in countries where we operate

We do not offer, promise, or provide anything of value to government officials or private parties to obtain or retain business.

6. Ethical Sourcing Standards

We are committed to responsible and ethical sourcing practices:

Labor Standards

  • No forced, bonded, or child labor
  • Fair wages and working conditions
  • Freedom of association and collective bargaining
  • Safe and healthy working environments

Environmental Responsibility

  • Compliance with environmental regulations
  • Sustainable manufacturing practices
  • Proper waste management and disposal
  • Energy efficiency and carbon footprint reduction

7. Product Safety and Quality

We prioritize product safety and quality compliance:

  • Consumer Product Safety Commission (CPSC) requirements
  • FDA regulations for applicable products
  • CE marking for European markets
  • Industry-specific certifications and standards
  • Product testing and quality assurance protocols

8. Intellectual Property Protection

We respect intellectual property rights and do not knowingly source:

  • Counterfeit goods
  • Products infringing on patents, trademarks, or copyrights
  • Unauthorized replicas or imitations

We require suppliers to confirm they have the right to manufacture and sell all products they provide.

9. Documentation and Recordkeeping

We maintain comprehensive records of all transactions, including:

  • Commercial invoices and packing lists
  • Bills of lading and shipping documentation
  • Certificates of origin
  • Product specifications and test reports
  • Supplier compliance certifications

Records are retained for the period required by applicable laws and regulations.

10. Customs Valuation

We ensure accurate customs valuation in accordance with WTO Valuation Agreement principles:

  • Transaction value methodology
  • Proper declaration of all costs and fees
  • Related party transaction disclosures
  • Accurate classification and origin determination

11. Conflict Minerals

In accordance with Section 1502 of the Dodd-Frank Act, we work to ensure that products do not contain conflict minerals (tin, tantalum, tungsten, and gold) sourced from the Democratic Republic of Congo or adjoining countries that finance armed conflict.

12. Data Protection and Privacy

We comply with data protection regulations including:

  • General Data Protection Regulation (GDPR) for EU clients
  • California Consumer Privacy Act (CCPA)
  • Other applicable data privacy laws

See our Privacy Policy for detailed information.

13. Training and Awareness

We invest in ongoing training and education to ensure our team understands and complies with all relevant regulations and best practices. This includes regular updates on:

  • Changes in trade regulations
  • New sanctions and restricted parties
  • Ethical sourcing requirements
  • Product safety standards

14. Reporting Concerns

We encourage the reporting of any compliance concerns or potential violations. You can report issues confidentially to:

Email: info@globeintltrade.com
Subject: Compliance Concern

All reports will be investigated promptly and handled with discretion. We prohibit retaliation against anyone who reports a concern in good faith.

15. Continuous Improvement

We continuously review and update our compliance programs to reflect:

  • Changes in laws and regulations
  • Industry best practices
  • Lessons learned from audits and assessments
  • Feedback from clients and partners

16. Contact Information

For questions about our compliance programs or to request additional information, please contact:

Globe International Trading LLC
30 N Gould St Ste R
Sheridan, WY 82801
Email: info@globeintltrade.com