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Validity : 21st Apr'24 to 01st May'24
Managing Multiple Free Trade Agreements
- What is the duty management process and how its procedure can help in reducing the logistics costs of trade transactions
- Why must importers and exporters understand the trade agreements in order to claim financial reward during the logistics transaction process
- How do various 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 effect on 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
Overview of the webinar
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.
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 special 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 a good understanding of trade agreements and duty compliance processes, which can lead to legal and logistics challenges that might cause in delaying their product entire into the marketplace.
Who should attend?
- Company Executive Officer (CEO)
- Entrepreneurs
- Freight Forwarders
- Customer Brokers
- Transportation Risk Management Officer
- Import Distributors
- Transportation Risk Management Officer
- Freight Forwarders
- Regulatory Affairs
- Senior Management
- Logisticians
Why should you attend?
- Multilateral treaties have an effect on the customs duty charges
- Duty management can help reduce logistics transaction costs
- General Agreement on Tariff and Trade Agreement with the U.S.
- Customs administration costs and duties in this international logistics environment
Faculty - Dr.Rossano Gerald
Dr. Gerald is an Academic Professor and Founder of RVG International Consulting Firm, LLC. He has over 25 years of business experience in, strategic management, marketing analysis, and supply chain management. Dr. Gerald worked with small and medium-sized businesses to help improve their business logistic processes through verification of operational and supply chain programs. Also, he had developed management and marketing strategies that were used to improve the efficiency and effectiveness of his client business operations in this global economy.
He earned a Doctor of Business Administration in International Business and Advanced Professional Business Certification in Marketing from Argosy University/Sarasota; He also holds a Master of Science of Law (J.S.M.) degree and a certificate in Compliance & Risk Management from Thomas Jefferson School of Law in International Tax and Finance Services. He graduated with MBAs degrees in Project Management degree from the University of Phoenix and Webster University in Business Administration. He also earned a Graduate Certificate in Supply Chain Management at Penn State’s Smeal College of Business MBA Program. He is also a Certified Professional Coach (American Public University System).
Dr. Gerald is also 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, and Inventory Planner and Property Forecaster, Certified Consultant for Business Value Analysis and Methodology, Certified Export Leaders of the Free Trade Alliance and Casa of San Antonio, TX; Certified Master Management Consultant and Master Project Manager; and Certified Marketing Analyst and Registered Business Analyst by the International Management Consultant Certification Board (IMCB).
Dr. Gerald is also 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, and Inventory Planner and Property Forecaster, Certified Consultant for Business Value Analysis and Methodology, Certified Export Leaders of the Free Trade Alliance and Casa of San Antonio, TX; Certified Master Management Consultant and Master Project Manager; and Certified Marketing Analyst and Registered Business Analyst by the International Management Consultant Certification Board (IMCB).
Certified CCA ™ Chartered Compliance Analyst AAFM ® American Academy of Financial Management/ Certified International Project Manager (CIPM) of the AAPM ® American Academy of Project Management. A member of the Council of Supply Chain Management Professionals; and an Advisor for the Mu Kappa Tau Marketing of the Honor Society. He has published scholarly papers in the Journal of International Business and Economics and the Strategic Management Quarterly.