Rules of Origin

Understanding the Rules of Origin is essential for businesses engaged in international trade, as they determine the economic nationality of goods. This critical knowledge impacts trade agreements, tariffs, and compliance requirements, directly influencing a company’s bottom line.

 

The Rules of Origin workshop provides a comprehensive exploration of this topic, including its relevance under the WTO framework, the role of trade agreements, and the application of preferential schemes like GSP and DCTS. Participants will gain practical insights into navigating these rules, using commodity codes effectively, and ensuring compliance with UK-specific requirements.

 

This interactive course combines discussions with expert-led instruction, making it an ideal learning experience for those seeking to streamline their trade processes and maximize the benefits of global trade agreements.

 

Key Features of the Workshop:

• Comprehensive Coverage: Learn everything from WTO rules to the practical application of preference certificates.
• Interactive Learning: Engage in discussions and scenario-based learning with industry experts.
• Real-World Insights: Understand the implications of trade wars, MFN (Most Favored Nation) tariffs, and commodity codes.
• Compliance Focus: Gain actionable strategies to meet origin and documentation requirements.

 

Agenda:

 

Session Time: 9:30 AM – 12:30 PM

1. Workshop and Discussions with Delegates

• Interactive sessions to address real-world challenges and experiences.

2. Rules of Origin

• Introduction to the concept and its role in global trade.

3. WTO (World Trade Organization)

• How WTO rules influence origin requirements and trade flows.

4. Trade Agreements

• Understanding bilateral and multilateral agreements and their impact on origin rules.

5. MFN (Most Favoured Nation)

• The significance of MFN tariffs in international trade.

6. Trade Wars

• Exploring the impact of trade disputes on rules of origin.

7. Importance of Commodity Codes

• Accurate classification for compliance and trade benefits.

8. UK-Specific Rules of Origin

• Application of rules specific to the UK and its trading partners.

9. Preference Certificates

• Using certificates to claim reduced tariffs under trade agreements.

10. GSP/DCTS Preference

• Understanding the Generalized System of Preferences (GSP) and Developing Countries Trading Scheme (DCTS).

11. Registered Exporter

• How to become a registered exporter and its benefits.

12. Approved Exporter

• The process and advantages of obtaining approved exporter status.

 

Who Should Attend?

 

This workshop is designed for professionals involved in:

• Supply Chain Management
• Procurement
• Exporting and Importing
• Customs Operations
• Shipping and Logistics
• Warehousing

 

Workshop Details:

• Fee: £295 per participant
• Delivery Method: Online

 

Why Attend This Course?

• Maximise Benefits: Leverage trade agreements and preferences to reduce costs.
• Ensure Compliance: Avoid penalties and delays by mastering rules of origin requirements.
• Practical Expertise: Gain actionable knowledge to streamline trade operations.