As economic sanctions increasingly hamper global trade management, automation can reduce the risk of non-compliance. When elephants fight, it is the grass that gets hurt. Something similar is happening in…
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Using FTAs to reduce costs and gain competitive advantage: RCEP a golden opportunity for CFOs
Free Trade Agreements (FTAs) present stellar opportunities for companies to drive substantial cost savings, gain competitive advantage and optimize their supply chains.
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What is the ASEAN trade facilitation measure?
AWSC will go a long way towards easing of trade within the ASEAN region. Is your business prepared to take advantage of it? On September 20, 2020, the ASEAN-Wide Self-Certification…
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Are You Prepared to Take Full Advantage of the EVFTA?
The Free Trade Agreement (FTA) between the EU and Vietnam offers businesses in Asia a significant competitive advantage – but only if they can reap its full benefits. The European…
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Determining beneficial ownership and closing the gaps in sanctions lists
In our age of globalized trade, products can touch more than 100 people, businesses, or organizations as they move along the supply chain before reaching the consumer. According to Vans,…
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Japanese Multi-National saves millions with Thomson Reuters ONESOURCE™ Free Trade Agreement (FTA) Management
A Japanese manufacturer evaluated various FTA solutions to help simplify and automate complex compliance procedures. After careful deliberation, the company chose Thomson Reuters’ ONESOURCETM FTA Management platform in order to…
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How to Reap the Full Benefits of Comprehensive and Progressive Trans-Pacific Partnership agreement (CPTPP)
FTA software can help businesses take full advantage of the Comprehensive and Progressive Trans-Pacific Partnership agreement, saving millions of dollars in tariffs. It has been little over 18 months since…
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An open secret: FTAs can help you save millions of dollars
Free Trade Agreements (FTAs) can help you maximize profits by saving millions of dollars in duty savings. They can also help you expand into new markets to diversify your revenue…
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Scenario 1: FTA Fishing
Unlocking the Chain is a series providing firms in Asia with tips and knowledge to reduce supply chain risks and costs by sourcing and supplying within the region’s network of…
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Be Prepared for Uncertainties in UK-Japan Trade – How to Position Yourself to Optimise Potential FTAs
UK and Japan have just announced a new trade deal. Companies need to move fast and automate their trade management processes to gain a strategic advantage and benefit from the…
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