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For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. In addition to using a GTC as part of a landed cost analysis, GTC solutions help companies adhere to restricted party lists.
In the US there is a special body responsible for control over the above issue: Office of Foreign AssetsControl of the US Treasury Department (OFAC). In particular, Clause 2 Article 2 of the Council Decision 2014/145 / the Common Foreign and Security Policy (CFSP) dd.
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