AC Trade Advisory

Industry Practitioner Masterclass: Using Free Trade Agreements To Achieve Duty Savings – Online (60 days access) Course Code: FTA201

(0 Ratings)

6 students

Industry Practitioner Masterclass: Using Free Trade Agreements To Achieve Duty Savings – Online (60 days access) Course Code: FTA201

Why you should attend:

Does your organisation want to save import duty costs using the myriad of free trade agreements around the world but unclear about how to practically apply their legal intricacies to your specific business circumstances in terms of setting up your actual work processes and fulfilment of the FTA requirements? This Masterclass provides the practical insights from ex-industry practitioners who have prior successful experiences in achieving significant duty savings for their organisations and clients.

Against the global backdrop of increasing trade uncertainties, free trade agreements (FTAs) remain a shining beacon for cross border merchandise trade to flourish with improved market access, reduced and eliminated import customs duties.

It has become increasingly strategic for businesses to use the current plethora of 300 plus FTAs across the world such the ASEAN Free Trade Agreement, the Comprehensive and Progressive Trans-Pacific Partnership (CP-TPP), EU-SG FTA, EU-VN FTA and the upcoming Regional Comprehensive Economic Partnership (RCEP) as a means to gain price competitiveness for their imports.

However, businesses often find the underlying FTA legal texts to be difficult for non-international trade law personnel to read, digest and more importantly to translate them into operational and actionable steps. The degree of complexity increases as well due to the unique commercial contexts and global supply chain set-ups of each company.

For businesses that are already using FTAs, they are often mis-used without due diligence checks on their business operations, procedures and documentation to determine if they are compliant with FTA rules. Businesses also often overlook the fact that customs authorities in the importing country granting the FTA duty benefits have the power to conduct post-clearance FTA audits and can impose significant penalties in the form of duty shortfalls, additional administrative penalties and even interest payments in certain cases.

With actual first-hand knowledge and experiences on the ground in developing in-house FTA implementation programs and actually using FTAs for various companies, our expert trainers with rich industry practitioner and consulting backgrounds will share with participants the practical business interpretations of the key FTA rules of origin and how to achieve FTA duty savings for their companies and clients. Don’t miss out the practical insights to unlock potential import duty savings for your business and keep them in your pocket! (Note: Course materials up to date as of Feb 2021)

Who should attend:

For executives interested to make sense of the technical jargons of free trade agreements and practically apply free trade agreements in their business contexts to achieve import customs duty savings.

This course includes:

Course presentation materials in electronic copy
A Certificate of Completion
A 60-day access on-demand to the recorded presentation

Instructors:

Angelia Chew

Eugene Jang

Module 1
- Module 1 – Understanding how FTA works
Module 2
- Module 2 – Appreciating the impact of HS classification on FTA
Module 3
- Module 3 – Making business sense of Trade in Goods and FTA rules of origin
Module 4
- Module 4 – Typical FTA documentation process
Module 5
- Module 5 – Using FTA in typical business set-up
Module 6
- Module 6 – Exploring the resources available to help in the use of FTA
Module 7
- Module 7 – Understanding how importing authorities conduct FTA audits
Module 8
- Module 8 – Understanding business thought process to kick start FTA
Module 9
- Module 9 – Sharing of actual case studies

(0)

0 Reviews

0 Students

28 Courses

AC Trade Advisory Admin

Industry Practitioner Masterclass: Using Free Trade Agreements To Achieve Duty Savings – Online (60 days access) Course Code: FTA201

Module 1

Module 2

Module 3

Module 4

Module 5

Module 6

Module 7

Module 8

Module 9