NAFTA 2.O: The New USMCA (United States-Mexico-Canada) Rules of Origin and Certificate of Origin Requirements

OVERVIEW

The USMCA entered into force on July 1, 2020. NAFTA preferential treatment cannot be claimed on July 1, 2020 or afterwards.The USMCA replaced the North American Free Trade Agreement (NAFTA). USMCA addresses recent and critical emerging issues, such as harmonization of regulatory systems, e-commerce, rules of origin, protection of intellectual property, and dispute resolution. These changes in USMCA will affect your operations and therefore, it is critical to understanding the key differences between NAFTA and the USMCA

Understanding the USMCA (United States-Mexico-Canada Agreement) challenges and opportunities is an important part of business strategy not just for US, Canadian, and Mexican companies, but also for the Asian and EU firms that are competing for positions in North America. 

This live webinar by expert speaker “Douglas Cohen” will assist import-exporters in understanding USMCA rules of origin and certificate of origin requirements. Understanding these rules and how they apply will help your company to take advantage of USMCA and reduce your costs. Improperly classifying your merchandise as North American in origin can lead to severe fines and penalties.

WHY SHOULD YOU ATTEND?

You must attend to learn how the renegotiation of NAFTA into the USMCA will impact your business. One of the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. This webinar will ensure that participants understand the key differences between NAFTA and the new USMCA.

USMCA presents opportunities and challenges to nearly every business, and in nearly every industry operating within the US, Mexico, and Canada. Understanding these opportunities and challenges will quickly become an essential element of business strategy.

Key highlights include the following:

• Dispute Settlement
• Auto Rules of Origin
• Intellectual Property
• Sunset Clauses
• E-Commerce

AREAS COVERED

• What NAFTA is
• How USMCA is different than NAFTA
• Why it is being changed?
• Renegotiation to USMCA
• How do you take advantage of USMCA to obtain duty-free treatment for your North American trade?
• How USMCA will affect you?
• What is the intent of the USMCA rules of origin?
• What is the applicable rule of origin in USMCA?
• How do you obtain and complete the certificate of origin?
• Recordkeeping requirement
• Government questionnaires, verifications and audits
• Penalties

WHO WILL BENEFIT?

• Director, CEO, CFO, COO, VP and C-level Professionals
• Customs Regulatory Manager, Customs Compliance Manager
• Customs/Logistics Supervisor, Directors of Custom & Trade
• Purchasing Coordinator, Purchasing Manager, Procurement Manager
• Director of Logistics and Supply Chain, Controller,
• Trade Compliance Manager, Import Compliance Manager
• Import & Export Coordinator, Trade Coordinator, production Coordinator
• Shipping Team Leader, Shipping Supervisor, International Shipping Specialist
• Regulatory Compliance Professionals, Operations Professionals
• Administrative Assistant, EHS Manager, Buyers, Logistics, Safety and Facilities Manager

Others Details

Participants will learn how obtain duty-free treatment, how to prevent errors that can result in severe civil/criminal penalties by each country's customs administration, and prepare for a USMCA Audit.