Here is a monthly summary of free trade agreement news collected from governments around the world in the last month. You can access this update, along with ones from previous months, at any time by clicking on the Free Trade Agreement category on this blog. Once there, you will see these monthly updates as well as other FTA related posts.
The European Commission (EC) has been working on a plan regarding the Generalized System of Preferences or GSP. According to the EC website, a plan has been put forward and agreed upon for the continuation of the existing system until the end of 2013, to avoid the lapse that took place in the United States when that GSP expired before the US Congress approved the renewal. With this continuation, the European GSP will now expire on December 31, 2013 with the new changes to go into force on January 1, 2014.
US Customs & Border Protection (CBP) issued a CSMS message (#12-000154) with instructions for those companies that wish to file Colombia Free Trade Act claim via the Automated Commercial Environment (ACS) on May 15th when the FTA goes into force.
Take a look again at the most important news and start the weekend fully informed with the news that Global Trade News brought to you this week in Twitter: read more…
Connections 2012, a conference for the transportation industry, is fast approaching. The Conference, put on by SMC3, will be held June 26-29, 2012 in Chicago, Illinois. According to the media release from SMC3, the sessions will explore “emerging markets and trade practices; the changing multimodal shipping landscape; and technology trends in our industry, Connections 2012 is designed to help attendees prepare for a rapidly changing future.”
The Beyond the Border (BTB) Action Plan announced by the United States and Canada in December 2011 will transform the security and trade relationships between these two countries. But do you know what it is and how it could impact your operations? Register now for this free webcast on Wednesday, May 16, 2012 at 2:00 p.m. EDT featuring panelists from US Department of Homeland Security, the Government of Canada, I.E.Canada, and Trusted Trade Alliance.
US Customs and Border Protection (CBP) issued a CSMS Message on Friday, April 13, 2012 regarding the timeline for the deployment of electronic filing of in-bond request for inbound air shipments. The program for such filing is also known as QX/WX. According to the message (#12-000132), the deployment of QX/WX has been delayed due to the deployment of the Simplified Entry project which is the basis of the Entry/Cargo Release in CBP’s ACE program. According to the CSMS Message, CBP is anticipating a very loose timeline for delivery of the QX/WX functionality for July 2012.
Take a look again at the most important news and start the weekend fully informed with the news that Global Trade News brought to you this week in Twitter: read more…
On February 29, 2012, Integration Point hosted a webcast on Global Sourcing Best Practices – How Trade Compliance & Procurement Can Accomplish More Together. During this webcast, the presenters – Darren Maynard with DPM Consulting and Karen Lobdell with Integration Point – discussed improving the relationship between Compliance and Procurement. Since the webcast, we have received several follow-up questions and felt that a few postings on this subject could be helpful. This first post, 5 Way to a Better Global Sourcing Strategy, can be seen here. This second in the series discusses steps that a Trade Compliance department can take to improve their working relationship with Procurement.
US Customs and Border Protection (CBP) is holding open registration for its 2012 West Coast Trade Symposium. The theme of this year’s symposium is “Transforming Trade for a Stronger Economy.” The symposium will be held on May 10, 2012 in Long Beach, California. Registration is now open but will close on April 23, 2012.
