Understanding the NAFTA (North American Free Trade Agreement) challenges and opportunities is an important part of business strategy not just for US, Canadian, and Mexican companies, but also for the Asian and EU firms that are competing for positions in North America. The North American Free Trade Agreement rules of origin and certificate of origin requirements are complicated, complex, and not well understood.
Are you or your company obtaining the lowest possible duty rate on your trade with Mexico, US, and Canada? The NAFTA may lower your overall costs by eliminating duties on eligible goods traded among these three nations.
This live Webinar by expert speaker Douglas Cohen will assist import-exporters in understanding NAFTA rules of origin and certificate of origin requirements. Understanding these rules and how they apply will help your company to take an advantage of NAFTA and reduce your costs. Improperly classifying your merchandise as North American in origin can lead to severe fines and penalties.
Why Should You Attend:
The rules of origin were negotiated to determine eligibility for duty free treatment under NAFTA. According to the rules, goods must undergo sufficient processing within North American to result in a change in tariff classification. In addition, NAFTA provides for a uniform Certificate of Origin to be prepared by the exporter and possessed by the importer when the goods are entered into the importing country. This certifies that a good exported from one Party in to the territory of another Party qualifies as an “originating good”.
Understanding these rules and how they apply will help your company to take advantage of NAFTA and reduce your costs, as well as protect your organization from severe fines and penalties due to improper classification of merchandise.
Who Should Attend
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.
- Dr. David Lim
For more than twenty years, Douglas Cohen has been at the forefront of international trade and transactions. With senior positions in private practice, the US Department of Commerce, European Union, IATA, and American Airlines, he has developed substantial expertise in international trade compliance, import-export operations, international contracts and negotiations, and intellectual property protection. At present, he is Senior Manager, Global Trade and Contracts, at Worldwide Trade & Legal...
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