Hazardous Materials

Hazardous Materials

Hazardous Materials (Hazmat) in International Trade

Meaning of Hazardous Materials (hazmat), according to the Dictionary of International Trade (Global Negotiator): Any substance or material that has been determined to be capable of posing an unreasonable risk to health, safety and commerce, and has been designated by a competent organization like the International Maritime Organization (IMO) or the International Air Transport Association (IATA). There are many types of hazard classes, based on a risk or risks that particular substances or materials may pose in transportation. Further, some materials may be considered hazardous for one mode of transport but not for others. Hazardous materials may be transported domestically, but they may be classified as Dangerous Goods when transported internationally.


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