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 [...]
President Obama recently signed an executive order, establishing the Interagency Trade Enforcement Center (ITEC) within the U.S. Trade Representative (USTR). The Obama administration is aimed at doubling exports by the year 2015, and this new agency will help facilitate that goal. According to Ron Kirk, Ambassador of USTR, the ITEC is among the most significant [...]
Join World Trade 100 and Amber Road (formerly Management Dynamics, Inc.) on Thursday December 15th at 2 PM EST for a complimentary webinar, Global Trade Compliance in the Oil & Gas Industry: A Case Study with Weatherford. Global trade experts will explain the importance of automating trade compliance processes and the difficulties oil and gas [...]
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.
The AberdeenGroup has come out with a brand new report, which will be available for free for a limited time – Global Trade Management: Strategies for Mastering Trade Compliance and Supply Chain Complexity.
Trade Planner 3.0 scenario-based planning solution optimizes sourcing and distribution decisions based on total landed costs and trade regulation risk
Upcoming webinar about building an export compliance program within your company.
Just a reminder: Please help us out by taking the NAFTA Survey! http://www.surveymonkey.com/s/9MP68YP
World Trade Magazine will be presenting an upcoming webinar on direct import in the global supply chain on Tuesday, May 25th at 2:00 pm EST. Free Trade Agreements play an integral part of your direct import strategy. Although it’s not on the agenda for the webinar, there will be a Q&A session at the end [...]
In Part 2 of my “Made in America” feature, let’s take a look into the requirements for a product to be considered “Made in America.” According to an MSNBC article, the ‘rules are complex, confusing.’ No kidding!! It takes roughly 40 pages to spell out the FTC’s rules of the road for companies that want [...]