On May 14, 2012, President Obama signed the presidential proclamation that put the United States-Colombia free trade agreement into force. Designed to promote the flow of certain goods and services between the countries, the free trade agreement was years in the making. According to the Office of the US Trade Representative (USTR), the tariff reductions [...]
The US–South Korea Free Trade Agreement will go into full effect tomorrow, March 15, 2012. With this FTA, roughly 80% of US exports of industrial products to South Korea will be duty free, while two-thirds of US exports of agricultural products will also become duty-free. The International Trade Commission estimates that the reduction of South [...]
On October 12, the United States Congress ratified several landmark free trade agreements (FTAs) with South Korea, Colombia and Panama. While still awaiting the President’s signature, which is expected, these agreements are sure to usher in a new level of trade activity with these countries. Proponents list a host of benefits from FTAs, including: – [...]
India and Japan signed a free trade agreement February 16th, eliminating tariffs on 94% of goods between the two countries within ten years and making the two countries each other’s biggest free-trade partners. The two are now Asia’s second and third largest economies after China. The deal comes as Japan looks to expand its markets [...]
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Since December, when President Barack Obama and South Korean President Lee Myung-bak announced that they made further progress on US-South Korea Free Trade Agreement (KORUS-FTA), the agreement has been highly debated on its way to Congress.
This post highlights the importance of doing the appropriate research and background checks of all the cost and regulatory elements BEFORE you commit buying components or finished goods from new off shore vendors.
An industry leading organization specializing in window covering was able to save over $6M in duty as a result of having an effective integrated trade compliance strategy and coordinating NAFTA with organizational processes.
U.S. Commerce Secretary Gary Locke discusses the role of NAFTA in the success of the National Export Initiative during a meeting with leaders from Canada and Mexico.
Please join AberdeenGroup and distinguished industry executives as they discuss global trade management initiatives and practices within their enterprises around Foreign Trade Zones, Restricted Party Screening, 10+2 and other initiatives. Key topic areas covered in the recent report will also be highlighted.
