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International Trade & Logistics Terminology

Our glossary simplifies common industry terms in freight and logistics into clear, easy-to-understand explanations.

Convention on International Trade in Endangered Species of Wild Fauna and Flora

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) regulates cross-border trade in protected species and their products to prevent overexploitation and extinction. Valid permits are required for both export and import of ivory, hawksbill turtles, certain timber, medicinal herbs, leather, and pets. Violations of CITES can result in the seizure of goods, fines, and even criminal prosecution. Companies should confirm whether their products are listed before accepting orders and apply for permits from the relevant authorities to ensure legal and compliant logistics and customs clearance.

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