Trade Agreements Blog

News and Resources to Help Your Business Manage Trade Agreements

United States Customs & Border Protection (CBP) has released updated help documents regarding the use of Free Trade Agreements on their website, including a helpful table of free trade agreements (PDF) in which the US participates.

According to the CBP, the document is:

An easy-to-use summary of the most common non-textile duty preference programs administered by Customs and Border Protection (CBP), entitled “Free Trade Agreement and Preferential Trade Legislation Comparison—Non-Textiles”, is now posted at the following link:

http://www.cbp.gov/linkhandler/cgov/trade/trade_programs/international_agreements/fta_comparison.ctt/fta_comparison.pdf

Its table-like structure highlights the programs’ many similarities and dissimilarities of the following non-textile duty preference programs: Australia FTA, AGOA, ATPA/ATPDEA, Bahrain FTA, CAFTA-DR, CBERA, CBTPA, Chile FTA, GSP, Israel FTA, Jordan FTA, Morocco FTA, NAFTA, Oman FTA, Peru TPA, and Singapore FTA.

The comparison document was conceived as a preference program tool; it includes citations to the General Notes and regulations, and is intended to complement, rather than displace these and other reference materials.

Additional resources are accessible from the International Agreements page of the CBP website. For best practices in utilizing free trade agreements, check out our white paper below.

Free Trade Agreement White Paper: Best Practices to Achieve the Next Level of Savings from Global Sourcing

Best Practices to Leverage Free Trade Agreements

This whitepaper will address five best practices that will allow your company to fully take advantage of FTA opportunities:

• Establish a Supplier Management Program
• Implement Multi-sourcing Data Visibility
• Manage Supplier Communications with an Automated Solicitation Process
• Automate the Qualification Process
• Expand your FTA Portfolio

Learn more by reading the Free Trade Agreement white paper.