Import/export Law
/ˈɪmpɔrtˌɛkspɔrt lɔ/
Definitions
- (n.) The body of law regulating the importation and exportation of goods, including compliance with tariffs, customs duties, trade sanctions, and international agreements.
Companies must comply with import/export law to avoid fines and penalties when shipping goods internationally.
Forms
- import/export law
- import/export laws
Related terms
See also
Commentary
Import/export law encompasses a complex regime involving multiple jurisdictions and agencies; practitioners should carefully consider overlapping regulations and international treaties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.