Free Trade Agreements

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    Free Trade Agreements

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Participation in one of the 14 Free Trade Agreements with a qualifying country can give you a competitive edge

Step 1: Identify FTA

Accessing Free Trade Agreement benefits for your product may require more research and record-keeping, but you can give your product a competitive advantage versus products from other countries. Most companies know about USMCA which covers the United States, Canada and Mexico, but what about Korea, Singapore and Australia.

Step 2: Analyze Product

The first step in determining Free Trade Agreement eligibility, is to correctly classifying the finished good according to the Harmonized Tariff Schedule of the US or the HTSUS. We work with your team to understand what your product is and what it is used for, in order to classify it properly. It is critical to complete this step accurately and precisely before moving on to the next step in the process.

Step 3: Determine Qualification

Our meticulous analysis will allow us to then use the correct classification to review the rules for the specific FTA. We will consider the HTSUS and the rules of the particular FTA to determine if the goods qualify for inclusion in the preferential program.

Step 4: Complete Declaration

Once the analysis is completed and qualification is confirmed, we will complete the necessary declarations for the specific FTA and you will begin enjoy the benefits of free trade.

How long will the process take?

Here's the typical timeline for Free Trade Agreements:

START

Collect SKUs

Collect SKUs to be reviewed and all supplier contact information.

2-4 Weeks

Determination

  • Contact suppliers to determine eligibility of applicable SKUs.
2-4 Weeks

Analyze

  • Analyze the appropriate FTA in regards to the qualifying criteria, the specific products and the suppliers’ information.
2-4 Weeks

Declaration

Complete declarations for the qualifying items.

Did you know...

  • There are currently 14 free trade agreements with 20 different countries
  • Each agreement has unique requirements in order to qualify
  • When used correctly, these agreements can give your products a competitive edge

Something to think about:

A Competitive Edge

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