Managing Multiple Free Trade Agreements

Why Should You Attend:

As importers, we must learn how to manage costs attributed to duties that can be imposed by the customs authority of the transactional region. In doing so, importers and exporters must not only rely on the customs authorities to inform them about the duty management requirements for each trade agreement that might alert them to particular allowances that applied to their business goods.

This trade agreement review process will explain the merchants’ responsibility in understanding and using the various duty management options in compliance with multilateral trade agreements. For this reason, the duty management role in the reviewing and assessing the trade barriers that are associated with quotas, nontariff, punitive damages and special duties that were designed by the country of origin to restrict trade and increase logistics costs for their benefits. As a result, it is imperative that merchants have good understanding of trade agreements and duty compliance processes, which can lead to legal and logistics challenges that may delay their product entry into the marketplace.

Areas Covered in the Webinar:

• What is duty management process and how can its procedure help in reducing the logistics costs of trade transactions?
• Why must importers and exporters understand trade agreements in order to claim financial reward during logistics transaction process?
• How do multiple trade agreements have an effect on customs duties?
• What impact does trade agreement have on custom administration documents and/or forms?
• Why must the merchant get a proper understanding of the preferential treatment under the commerce and treaty agreements?
• Explaining how NAFTA, and the General Agreement on Tariffs and Trade have an affect the customs administration and duties worldwide?
• Define and describe the Generalized System of Preferences and how it should be considered in reducing or eliminate duties for the merchant’s logistics costs.

Who Will Benefit:

• Company Executive Officers (CEOs)
• Entrepreneurs
• Freight Forwarders
• Customer Brokers
• Transportation Risk Management Officers
• Import Distributors

Instructor Profile:

Dr. Rossano V. Gerald is an academic professor and founder of RVG International Consulting Firm, LLC. He has over thirty years of business experience in strategic management, marketing analysis, and supply chain management. Dr. Gerald is a veteran of the United States Army. He has worked with small and medium-sized businesses to help improve their business logistic processes through verification of operational and supply chain programs. Further, he has developed management and marketing strategies that were used to improve the efficiency and effectiveness of business operations in the global economy. He earned a Doctor of Business Administration in International Business and Advanced Professional Business Certification in Marketing from Argosy University/Sarasota; Master of Science Degree (J.S.M.) for International Tax and Finance Services in the risk compliance and management field from the Thomas Jefferson School of Law.

Dr. Gerald is a member of the Free Trade Alliance, San Antonio Transportation Association, Inc., San Antonio SCORE, TX, Supply Chain Council and Institute of Business Forecasting & Planning, and CATO Institute of Research & Analysis and Academy of Business Research. He is a certified supply chain manager, inventory planner and property forecaster, and certified consultant for business value analysis and methodology. He is also a certified export leader, certified master management consultant, certified CCA, certified marketing analyst and registered business analyst. He has published scholarly papers for the Journal of International Business and Economics and the Strategic Management Quarterly.

Topic Background:

As importers or exporters, we must take into considerations the foreign market’s regulatory and provisional measures that are crucial to keeping duty and tariff transaction cost down. The treaty trading factors are associated the trade preference programs, multilateral trade agreements and duty drawback that can have a significant impact on international logistics costs. These trade agreements are often very complex and involve understanding the legal compliance procedures but also understanding the international trading policies and programs that are established to facilitate commerce and reduce costs.

Follow us :