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Talks to renegotiate the North American Free Trade Agreement (NAFTA) has been extended and will continue into 2018. The fourth round of conversations between the United States, Canada and Mexico took place on October 11-17, 2017. The fifth round for conversation is currently scheduled for November 19, 2017 in Mexico City. The countries will schedule more meetings through the first quarter of 2018.
Read More About the NAFTA Renegotiation
Did you know that the value of live turkeys in 2016 was $25.8 million? 99.9 percent of them were imported from Canada. When it comes to sweet potatoes, the Dominican Republic is the main source of 49.6 percent ($6.4 million) of total imports ($12.9 million). The United States ran a $13.7 million trade deficit in live turkeys during the period but had a surplus of $159.4 million in sweet potatoes.
Source: International Trade Statistics, Harmonized Code 010512, 071420 https://usatrade.census.gov/
2017 East Coast Trade Symposium
Date: December 5-6, 2017
Location: Atlanta, GA
U.S. Customs and Border Protection has announced that the 2017 East Coast Trade Symposium will be held on December 5-6, 2017 at the Marriott Marquis, Atlanta, GA.
This year’s symposium includes discussions on:
· CBP De Minimis (Section 321)
· Facilitation and Enforcement
· Interagency Import Safety
· Western Hemisphere Enforcement Outlook
· Border Interagency Executive Council
https://www.cbp.gov/trade/stakeholder-engagement/trade-symposium
Sanctions Webinar
Date: December 5, 2017
Time: 1:00 PM – 2:00 PM EST
In this webinar, exporters will learn about sanction programs and the latest developments. They will learn how government agencies regulate and enforce the various sanctions programs, licensing procedures, recent enforcement cases, high risk areas, red flags, and the Office of Foreign Assets Control licensing program. This webinar is for the beginner or new to exporting U.S. small and medium size business.
https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=8Q8Y
How well do you understand routed export transactions?
Routed export transactions are a much discussed topic. Therefore, the U.S. Census Bureau has revisited this topic and have provided helpful tips on remaining compliant if you’re involved in a routed export transaction.
These are some helpful tips to keep in mind:
Communication is key! Having conversations with all parties involved before the transaction occurs will make a difference in understanding roles and responsibilities to prevent filing errors in the Automated Export System (AES).
Refer to Sections 30.3(e), (e)(1) and (e)(2) of the Foreign Trade Regulations (FTR) for the definition and more information on the responsibilities of the parties involved in a routed transaction. https://www.census.gov/foreign-trade/regulations/regs/flipper/index.html
Additionally, here is the JAS written authorization form that can be utilized by a foreign principal party of interest (FPPI) in a routed transaction.
Download the JAS Written Authorization Form
The Bureau of Industry and Security annual Update Export Control Policy Conference gives the exporting community the opportunity to learn first-hand from senior U.S. Government officials about current issues and trends in export control policies, regulations and practices. This major outreach activity draws business and government representatives from around the world to exchange ideas about export control issues. It provides attendees with the opportunity to interact with U.S. Government officials about programs and services offered by U.S. Government and industry exhibitors. It is one of the Department of Commerce’s most notable international trade events. In attendance from JAS Forwarding were Laurie Arnold (Regulatory Compliance Officer) and Tiffany Coffey (Corporate Compliance Specialist).
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