SBDC Workshop: Introduction to NAFTA & 3 Free Trade Agreements (Panama, Korea, and Colombia)

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SBDC Workshop: Introduction to NAFTA & 3 Free Trade Agreements (Panama, Korea, and Colombia)

Presented By: Mike Allocca of Allocca Enterprises, Inc.

How many times have you shipped to Canada/Mexico and simply filled out a NAFTA certificate based on your customer’s instructions? Did you have any supporting documentation showing how you researched the rules of origin and obtained any manufactures affidavits proving your goods qualify for NAFTA? Have you documented your research on your bill of materials as to how your goods qualify? Do you know if your goods have a duty associated with them or where to go to get this information? Are you aware of the 3 new FTA’s (Panama, S. Korea and Colombia)? If not, come and learn about the differences between them and NAFTA.

Program Overview: This program will help you be in full compliance with all NAFTA regulations. You will know where to go and what to look for to be able to determine if your products qualify for the benefits of NAFTA. Most companies are unnecessarily exposing themselves to NAFTA penalties. In some cases, your goods have low or zero duty already. Therefore, there would be no need to expose your company to potential NAFTA violations or to fill out a NAFTA certificate if your goods do not qualify. You will have an overview of the 3 new FTA’s (Panama, South Korea, Colombia). 

Topics Covered:

  • Specific Rules of Origin – Annex 401 – How to determine if your product qualifies.
  • NAFTA Certificates of Origins – Common errors, when you should/shouldn’t fill one out.
  • Understand preference criteria A-F. How to determine which one your goods qualify for.
  • Producer vs. exporter – what the rules are.  
  • Supporting documentation – How do you obtain one, and when should you use a manufacturer’s affidavit.
  • Formulas for determining regional value content or a change in tariff classification.
  • De Minimis – What does this mean and why is it important to you.
  • Fungible goods and materials – What are they and how they impact you.  
  • HS tariff classification – If your code is accurate and where you get one.

Who should attend: traffic managers, purchasing managers, sales department, shipping/receiving personnel, compliance officer, financial officer, sales managers, customer service managers, and anyone involved/concerned with international shipments.

Date: Wednesday, November 15, 2017

Time: 8:30 AM – 4:30 PM

Location: iHotel & Conference Center (Quad Room) - 1900 S. First Street, Champaign, IL 61820

*View map of iHotel here: http://stayatthei.com/sites/default/files/IHCCmap.pdf

This workshop training is eligible for 6 NASBITE-CGBP Re-Certification CEU's. Questions? Contact Kathie Cravens at kathie@cusbdc.org or 217-378-8535.

$50/person if you register before October 27; $75/person after October 27. Deadline to register is 4 pm on Friday, November 10, 2017. Check (made payable to: Champaign County EDC) or credit card accepted.

Registration & payment required to secure a spot – limited space available. Cost includes conference fee & materials, breakfast, and lunch. RSVP to carly@champaigncountyedc.org or call 217-378-8535.