TRADE COMPLIANCE SUMMIT 2020
Increasing trade volumes together with greater scrutiny of cross-border flows and a stringent focus on compliance with export control and customs regulations create significant challenges for supply chains. Moving goods internationally can be complex and costly for businesses in today's competitive - global markets. Generating savings while ensuring compliance is therefore key.
Companies operating in international markets are faced with a multitude of complex rules and regulations that must be complied with in order to trade successfully. Customs and trade legislations, by no exception, have a significant impact on the cross-border movement of goods. Today, the efficient and strategic integration of import and export processes into overall business goals, tax planning and supply chain management is crucial to every multinational company's success in the marketplace.
There has been a significant amount of increased regulatory development such as the export control reform, the new union customs code (UCC) and changes to governmental systems facilitating international trade. Combined with developments such as trade wars & sanctions, the role of trade & customs compliance is ever more important today.
For a firm to truly be successful in its international operations, trade compliance must be an essential part of its international business strategy and its strategic planning and operations. By attending this summit attendees will learn not only about the most important and critical aspects of trade compliance, but also how to integrate trade compliance into the strategic and operational dimensions of their company.
KEY TOPICS OF DISCUSSION
- Establishing a corporate foreign trade compliance function in business today
- How to best protect a global export supply chain against interpretational variances on classification
- Latest developments in free trade agreements - make the most of free-trade agreements
- Legal compliance in all export-import documentation and processes including foreign trade policy, EXIM policy, duty drawback, incentives
- Learning how blockchain and smart contracts can improve customs control
- Strategies for staying ahead in the market by reducing costs and managing risk on your global trade operations
- Anticipating and preparing for pending BIS regulations involving emerging technology
- Product and database classification
- Implementation of simplifications and simplified customs procedures
WHO WILL YOU MEET?
- Functional heads of:
- Customs / Import / Trade / Export Compliance
- Global / International Trade Compliance
- Trade / Regulatory Counsel
- Legal, Regulatory & Government Affairs
- EXIM Compliance
- STPI / SEZ Compliance
WHY SHOULD YOU ATTEND
- Utilizing free trade agreement to the fullest
- Assessing the effectiveness of your Global Customs Compliance Program
- How to implement strategies to help you to manage duty costs by utilizing free trade agreements, special programs and transactional structuring
- Best practices for obtaining and maintaining AEO certification
- Opportunity to exchange views with the experts, gain insight into recent cases and gather new ideas for your daily practice
- Case study on developing and implementing a Centralized Customs Clearance Pilot