Free trade compliance is not easy, yet it cannot be ignored. While free trade is designed to benefit producers within free trade partner countries, it applies only to goods properly proven to have been produced in one of the participating markets. To benefit, companies must establish proof of origin that satisfies very specific free trade rules which vary from product to product.
Therein lies the dilemma: producers need to make elaborate calculations using their bills of material and other production data and often must obtain origin certification from many suppliers. Producers must also update their origin calculations to gauge the impact of prospective or actual changes to production and procurement. With free trade, come the following issues:
PwC can help
PricewaterhouseCoopers' OriginCompliance™ is a customizable program using leading technologies and new processing concepts to:
Take a product tour to learn how OriginCompliance™ can help you.
Contact us today so we can assist you with your international trade opportunities.