3-hour Webinar:NAFTA 2.0: Current State of Renegotiations and How It Could Affect You
01:00 PM EDT | 10:00 AM PDT | 12:00 PM CDT Duration 180 Minutes
Webinar Includes : All the training handouts , certificate ,Q/A and 3 Hrs Live Webinar
"Hear By Douglas Cohen who has been at the forefront of international trade and transactions. With senior positions in private practice, the European Union, the U.S. Department of Commerce"
25 years have passed since Canada, Mexico, and the US signed the North America Free Trade Agreement (NAFTA). One the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. Continental free trade helps companies to be more competitive globally. However, NAFTA remains controversial, with President Trump calling NAFTA the “worst trade deal maybe ever signed anywhere,”. Recognizing that the Agreement should be updated rather than scraped, the US, Canada, Mexico have agreed to renegotiate the free trade area beginning August 16, 2017. The US published its general objectives for the renegotiation, which include the elimination of dispute settlement panels, reducing trade deficits, tightening of rules of origin, adding a section on e-commerce, as well as provisions for labor and the environment. These issues and more will be the subject of intense bargaining. Protectionist themes could de-rail the process. Most analysists expect a revamped NAFTA to be signed in early 2018. The stakes for industry and labor are high. At this time, one can only begin to evaluate the potential impact that NAFTA 2.0 will have on affected businesses and industries
Why should you attend :
This webinar will assist import-exporters in understanding the NAFTA rules of origin and certificate of origin requirements. Understanding NAFTA opportunities and challenges is a an essential element of business strategy not just for US, Mexican, Canadian companies but also Asian and Euroean firms competing for positions in North America. The NAFTA rules of origin and certificate of origin requirements are compliacted, complex, and not well understood. Understanding these rules and how they apply to you will allow your compnay to take advantages of NAFTA benefits to reduce your overall costs. In addition, improperly classifiying potential NAFTA prodocuts can lead to serve fines and penalties.
- What is NAFTA?
- Why Change It?
- US Renegotiation Objectives
- Contentious Negotiation Issues
- Political Realities
- Renegotiation Timeline
- What’s Next?
- How Could This Effect You?
Who will Benefit
--- Those who currently trade in North America
--- Those who are considering trading in North America
--- Company Compliance Departments
--- Import-Export Departments
--- Trade Consultants
--- Shipping and Logistics Managers
--- Chambers of Commerce
--- Foreign Trade Agents and Agencies
--- Business Development Centers
Industries who can attend
NAFTA and its renegotiation present opportunities and challenges to nearly every business, and in nearly every industry operating within the US, Mexico, and Canada. Understanding these opportunities and challenges will quickly become an essential element of business strategy.