Trade Compliance for Leadership: Navigating a Shifting Global Landscape
Global trade is undergoing a fundamental transformation, driven by geopolitical shifts, evolving regulatory frameworks and rapid technological change. Non-compliance with new trade requirements could affect hundreds of billions of dollars of trade flows. The stakes are high: compliance safeguards business continuity, avoids supply chain disruption and can be a competitive advantage. It also mitigates the risks of penalties and reputational damage.
Global trade is undergoing a fundamental transformation, driven by geopolitical shifts, evolving regulatory frameworks and rapid technological change. Non-compliance with new trade requirements could affect hundreds of billions of dollars of trade flows. The stakes are high: compliance safeguards business continuity, avoids supply chain disruption and can be a competitive advantage. It also mitigates the risks of penalties and reputational damage.
Many companies will now need to evaluate their approach to international trade management. These functions should be adequately resourced, empowered to coordinate across departments and positioned to inform strategic decisions.
This white paper, assembled in collaboration with PwC, provides a practical guide for navigating today’s trade compliance challenges. It draws on insights from leading global companies through the World Economic Forum’s Trade Compliance Practitioners and professionals in trade compliance across the PwC network.