OBJECTIVES
The objective of this seminar is to provide the participants with the knowledge on the various Free Trade Agreements (FTA) that has been signed by ASEAN (Regional Agreement) and by Malaysia (Bilateral Agreement) and how these FTAs seek to promote trade, investment, economic development and enhance competitiveness of Malaysian exporters and importers with particular emphasis on duty reduction.
The seminar also seeks to provide participants with the detailed knowledge of the Rules of Origin required to be satisfied by exporters to obtain the Preferential Certificate of Origin (PCO) and its related issues. Further the seminar will also examine the compliance with customs procedures relatied to import / export and the manner in which to claim preferential tariff by submitting Preferential Certificate of Origin (PCO).
BENEFITS
- The Regional and Bilateral FTAs signed by Asean and Malaysia.
- How exporters importers and manufacturers can expand their share into various markets through preferential tariff treatment and benefits derived from it.
- The procedures involved in obtaining preferential treatment.
- Understand the mechanism for obtaining Certificate of Origin.
- How FTAs could assist in further development of SME and remain competitive.
- The benefits of these FTAs.
- Problems associated with FTA
- Role of RMCD and procedures related to claiming of preferential duty.
WHO SHOULD ATTEND?
This course is suitable for all traders, manufacturers, importers, exporters and other business community who want to take advantage of benefits offered by FTAs in reducing costs, expanding into new markets and to remain competitive.
METHODOLOGY
Power Points Presentation, Discussions and Case Studies.
KEY CONTENTS
- Objective of Free Trade Agreements
- Rationale behind Free Trade Agreements
- Scope / Benefits of Using FreeTrade Agreements
- Regional Free Trade Agreements
- Bilateral Free Trade Agreement
- Understanding of Common Terminologies used in FTA
- Differences between Preferential Certificates of Origin (PCO) and Non Preferential Certificate of Origin (NPCO) and related Issuing Authorities
- Procedures to obtaining PCO
- Operational / Certification Procedures for Rules of Origin(ROO)
- Procedures for Approval for Certificate of Origin (COO)
- Guidelines by RMCD on Compliance with COO
- Harmonised System Coding (HS) and Customs Ruling
CERTIFICATE OF PARTICIPATION
