Free Trade Agreements Create Compliance Headaches

Posted by Mollie Leon

Free trade agreements (FTAs) open up market access between signatory countries by reducing barriers to trade, which makes it easier and more cost effective for U.S. companies to export their products and services to trading partner markets. However, this process isn't always that easy. For many trade compliance professionals, the most complex challenge is understanding and navigating the various “rules of origin.” Rules of origin are highly complex and technical rules that describe how exported goods shipped to a country or region may qualify for duty-free or reduced-duty benefits under the applicable trade agreement.

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Topics: Duty Management, Free Trade Agreements, Certificate Management, Product Claim Details and Storage

Software Can Help Soothe Free Trade Headaches

Posted by Kelsey Barker

Free trade agreements and foreign trade zones offer an attractive opportunity for US importers to reduce or eliminate duties and taxes, but these benefits hide behind a maze of complex protocols, dense paperwork, and red tape. Sourcing and supply chain executives must also balance duty considerations against material quality, production capacity, and number of components. 

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Topics: Duty Management, Certificate Management, Foreign-Trade Zones, Free Trade Agreements, Supplier Solicitation Campaigns

The British Vote Brexit: How Will This Affect Trade?

Posted by Arne Mielken

As you have heard by now, the British public voted in favor of a Brexit, or exit, from the European Union (EU). Of the British electorate, 17.4 million (51.9%) casted their votes in favor of Brexit compared to 16.1 million (48.1%) in favor of continued membership with an overall turnout of 72.2%, which is higher than most expected. So what does this mean for the future of the UK and global trade?

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Topics: Free Trade Agreements, Foreign-Trade Zones, Certificate Management, Global Knowledge

To Brexit or Bremain - That is the Question... But what is the Answer?

Posted by Arne Mielken

Emotions are running high in the debates about Great Britain leaving or staying in the European Union (EU) ahead of the EU referendum on June 23. The controversies also catch the headlines in other European countries, albeit to a lesser extent. So what exactly does this mean for the UK?

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Topics: Certificate Management, Free Trade Agreements

[Upcoming Webinar] The Trans-Pacific Partnership Agreement

Posted by Colleen Bush

Since November of 2009 the U.S. government has been negotiating the terms of its largest and most progressive trade agreement, the Trans-Pacific Partnership Agreement. Comprised of 12 countries, this comprehensive accord will create vast opportunities, as well as many compliance responsibilities, for a number of U.S. industries.

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Topics: Webinars, Amber Road News, Duty Management, Certificate Management, Free Trade Agreements

Take Advantage of Free Trade Agreement Benefits

Posted by Annika Helmrich

Manufacturers can spend almost 50 percent of revenue on purchasing parts alone, which places low-cost sourcing at the top of any business strategy. To maximize your company’s savings, look no further than free trade agreements (FTAs).

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Topics: Duty Management, Certificate Management, Product Claim Details and Storage, Free Trade Agreements

CBP Offers NAFTA Training in N. Dakota

Posted by Annika Helmrich

Listen up, North Dakota! The CBP is coming - and not to inspect for trade agreement violations!

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Topics: Duty Management, Certificate Management, Free Trade Agreements

Well to start, their Certificate of Origins were wrong...

Posted by Caroline Brown

I happened to find this article yesterday while brushing up on my Trade Agreements news -

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Topics: Duty Management, Certificate Management

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