FTAs can save your company millions.
We can help.
Over the years, Free Trade Agreements (FTAs) have become one of the best ways to open up foreign markets to U.S. exporters. These agreements reduce barriers to U.S. exports and generally make it easier (and cheaper) for U.S. companies to export their products to trading partners.
The most well-known FTA is the United States-Mexico-Canada Agreement (USMCA), formerly known as the North American Free Trade Agreement (or “NAFTA”). However, there’s also the KORUS FTA (South Korea), CTPA (Colombia), AUSFTA (Australia), as well as FTAs with Chile, Panama, Jordan, Singapore and a variety of other countries.
Understanding FTAs and how they can assist your business can seem like a daunting task. Our team can help make sure you are meeting the requirements of FTAs, including reporting and certifications (or re-certs), to maximize your savings and compliance under these valuable agreements.
Did you know?
- Forty-seven percent (47%) of U.S. goods exported go to FTA partner countries
- In 2014, U.S. FTA exports totaled $765 billion
- The United States currently has 14 FTAs in force with 20 countries
Let us help you analyze your global trade and determine if you can take advantage of FTAs to help your business grow.