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 [...]
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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.
Given the advantages of NAFTA, companies seek to widen the advantages of reduced duty impact – but what are the best means to accomplish this goal? Our survey of 200+ firms established best practices and uncovers many interesting usage statistics.
This free webinar will help you build your business case for an FTZ as well as present a case study of best practices in the application, activation and on-going administration of a zone.
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.
