
KYG Trade™
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KYG Trade operates the world's first decentralized Trade Attestation Platform and Marketplace. We facilitate the global digital exchange, recordkeeping, and auditability of product attribute data for trade, sustainability, and ESG claims for the cross-border movement of goods.
Importing or exporting a good requires highly skilled expert knowledge of ever-changing complex regulations. 80% of the time and cost of attestation is obtaining detailed information about the good itself. Today, massive amounts of emails and source document attachments are exchanged between product owners, trading partners and the authorities to determine the required attestations.
The KYG Trade Platform and Marketplace simplify the exchange of product attribute information, eliminate redundancy, and streamline the attestation process. This results in a significant reduction in cost and penalty risk while increasing levels of compliance and utilization of preferential tax, tariff and SESG benefits.
$20 trillion in goods cross international customs borders each year. Every import/export requires multiple attestations, such as:
- Country of Origin
- Harmonized Tariff Schedule Code
- Export Classification Control Number
- ESG Claims
Other attestations depend on the good such as:
- Certification of Origin for Free Trade Agreement Benefits
- Forced Labor
- Conflict Minerals
- Food and Drug Registration
- Intellectual Property Rights Registration
- 100s of others
The KYG Trade Attestation Platform and Marketplace:
- Simplifies the attestation process
- Connects importers and exporters to a global network of trade compliance experts
- Eliminates redundancy
- Reduces the cost of compliance
- Reduces risk of border clearance delays and detentions
- Reduces risk of customs fines and penalties
Big box importers and small eCommerce merchants on Amazon, EBay, Alibaba, Walmart.com, and others will benefit from the KYG Trade Platform and Marketplace!
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Keywords
import, export, country of origin, forced labor, sustainability, environmental, social, governance, esg, free trade agreement, origin, preferential origin, non preferential origin, buy america act, ecommerce merchants, supply chain, logistics, trade policy, tariffs, blockchain, hts, harmonized tariff schedule, cbp, us customs & border protection, itar, rules of origin, world customs organization, world trade organization, international chamber of commerce, icc, wto, wco
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