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CORE
DOCUMENT VAULES
PERFORMANCE DIFFERENTIATION
To recognize and reward those who contribute more.
BELIEF
To have faith in our company, in the products and in oneself.
TENACITY
To stay the course and finish the tasks, even when
unexpected obstacles develop.
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23
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Trade
Issues
Schering-Plough does business around the globe.
It is subject to and complies with trade regulations of each
country in which it does business, and because Schering-Plough
is a U.S.-based company, certain U.S. trade laws apply to
our operations, wherever you are located.
This means:
- We comply with all trade restrictions imposed by the United
Nations, the European Union, Switzerland, the United States,
and a number of other jurisdictions that prohibit or restrict
export and trade dealings with certain countries, entities
and individuals. These include bans on:
- Exports to a sanctioned country;
- Imports from, or dealings in
property originating in, a sanctioned country;
- Travel to or from a sanctioned
country;
- New investments in a sanctioned
country; and
- Financial transactions and dealings
involving a sanctioned country or designated individuals
and entities.
- We comply with the export licensing requirements of each
jurisdiction in which Schering-Plough conducts business.
Exports requiring licenses can include, in addition to products
and technology, information contained in e-mails, exchanged
in face-to-face discussions, or gained in visits to a company
facility.
- All Schering-Plough operations, wherever located, must
comply with U.S. anti-boycott restrictions that prohibit
cooperating with certain countries’ restrictive trade
practices.
- We comply with all applicable customs laws, supplying
customs authorities in each country where Schering-Plough
conducts business with accurate and truthful information
about the products that we are importing or exporting.
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