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Free Trade Agreements (or Preference
Programs) are becoming increasingly
popular among global companies
searching for ways to reduce costs
and remain competitive. Today, many
executives view free trade
agreements (FTAs) as imperative
because their company’s lack of
participation results in money “left
on the table.”
But the intricacies of FTAs can be
complicated. And NAFTA, which became
the model for most future trade
agreements and is one of the most
widely used FTAs today, is highly
complex. Plus, to be successful and
benefit from the full potential FTAs
offer, companies must use multiple
trade agreements signed between
countries around the globe.
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This
white paper outlines how and why
companies can implement and benefit
from building a portfolio of FTAs.
Its findings are the result of a
survey of over 300 respondents
across many different industry
verticals and revenue size. The
report uncovers many known
characteristics of free trade
agreements, and divulges key insider
information related to program
management challenges, monetary
savings, legal responsibilities, and
strategies to help your firm
initiate and sustain an effective
program.
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