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USMCA: The Rules of free Trade...and how to ensure Compliance

EUROGUSS MEXICO Virtual Weeks 2021

The Rules of free Trade and how to Ensure Compliance

EUROGUSS MEXICO Virtual Weeks 2021

The Rules of free Trade and how to Ensure Compliance

2021-05-04

In his lecture, Thomas Karig is talking about USMCA and shows the rules of free trade and how to ensure compliance.


As USMCA replaced NAFTA, there was a lot of talk about the great benefits that would result for the member countries. But you have to get into the details to understand the various requirements to access the preferential trade conditions. Especially in the automotive industry, companies are facing the need to make strategic choices, and considerable bureaucratic challenges. The conference touches on the basic topics and requirements:
  • The main issue is being able to comply with the rules of origin. But USMCA now requires four different but simultaneous conditions. And compliance involves the complete supply chain, with component suppliers acquiring major responsibilities over the information contained in the origin certification.
  • Trade compliance has to be integrated into robust enterprise compliance and risk management systems, that not only ensure regional content but also compliance with labor, environmental and anticorruption legislation.


  • Language: English

    Speaker: Thomas Karig, Owner TKconsult

    The provider of this webinar

    TKonsult

    Calle de Andres 1123
    74294  Atlixco
    Mexiko

    Registration

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