"Preferential Free Trade Agreements: Opportunities for European Companies & Mechanisms"
Tax & Legal Committee
For the past 20 years, international trade has been generating growth for international operators. Nowadays, multilateral negotiations seem to be facing difficulties and are even threatened by failure during the Doha Round which was initiated since 10 years now.
In order to avoid such threats, WTO Member States resort to bilateral Free trade agreements. Such agreements would normally represent a breach into WTO law unless they fulfill a number of conditions.
These agreements provide real opportunities for companies; they also hold serious difficulties with regard to their interpretation and implementation. Beyond some basic common characteristics, FTAs may bear peculiarities that differ from one agreement to another.
The region of South-East Asia is at the heart of world economy, it has therefore naturally witnessed an increase in the number of FTAs. On January 1st, 2010 the majority of the goods included in the agreement became subject to a 0% applicable customs duty rate.
European companies which are present in the South-East Asian region should strive to make the best use of FTA in order to increase their efficiency and profits.
About the speaker:
Jean-Marie Salva, DS Avocats, Admitted to the Paris Bar, Jean-Marie SALVA puts his experience gained during 20 years in the national and EU customs administrations and in specialized international organizations and institutions (ICC, OMD, OMC …) to the service of DS clients since 2001. As formerly part of the Customs Directorate General, he managed the French Federation of International Industrial and Commercial Enterprises (FICIME) for more than 10 years.
All registrations and cancellations must reach the FCCS by Wednesday 16 February 2011.
Registrations cancelled after this date remain payable in full.