Victory State Bank: Consider Legal Aspects Of Global Commerce
STATEN ISLAND, N.Y. – If you are thinking about expanding your business into the global marketplace, Victory State Bank advises you first consider the legal implications.
U.S. companies looking to do business internationally need legal representation in the target countries to assist with necessary documentation. Many private-business law firms that specialize in international business can help.
The International Trade Administration (ITA) can help you learn the basic of global commerce. The organization is part of the U.S. Department of Commerce.
The ITA has four divisions:
1) U.S. Commercial Service
2) Manufacturing and Services Office
3) Market Access and Compliance Office
4) Import Administration
The ITA:
- Promotes U.S. exports, particularly by small and medium-sized enterprises, and provides commercial diplomacy support for U.S. business interests around the world. (U.S. Commercial Service)
- Strengthens U.S. competitiveness abroad by helping shape industry-specific trade policy. (Manufacturing and Services Office)
- Assists U.S. companies and helps create trade opportunities through the removal of market access barriers. (Market Access and Compliance Office)
- Enforces U.S. trade laws and agreements to prevent unfairly traded imports and to safeguard the competitive strength of U.S. businesses. (Import Administration)
For additional information about the ITA, log onto http://trade.gov/.
About Victory State Bank:
VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com .
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