The understanding and application of rules of origin remains a challenge for many businesses, and yet the consequences of non-compliance can be high. Even if you have mastered the basics, the finer detail of a trade agreement is often missed. Furthermore, the increase in regional trade agreements brings another dimension with the concept of regional value calculations.
This intermediate level course builds on a basic understanding of rules of origin (delegates should ideally have completed the full day training on this topic), and explores regional value content and cumulation in greater detail. We also look at the challenges of origin in the light of increased trade measures and how to avoid circumvention by considering strategic business solutions.
This is an interactive, half day session, with lots of examples and worked exercises to illustrate the principles (bring a calculator so that you can join in).
Overview
• Review of Core Principles of Origin
Type
Status
Customs Valuation
WTO Principles
• Review of Legislative Framework
Non-Preference origin
Preference origin
Developing Countries Trading Scheme
• Reality Check
Application
Evidence
• Calculation Conundrums
RVC Build-Up & Build-Down
RVC Net Cost
RVC Focussed Value
• Cumulation Concept
• Strategic Survival vs Circumvention
• Customs Compliance
Outcome
This It is suitable for anyone within the business with an involvement in origin of goods. Whether this be calculating origin, or using preference for imports and/or exports – staff from purchasing, sales and finance would benefit.
By the end of the course, delegates will have a clear understanding of the different types of trade agreements in world trade; how to apply rules of cumulation and regional value content; and the difference between circumvention and strategic management of origin in global trade.
Becky is a Fellow of the Chartered Institute of Export and International Trade with over 25 years of experience in global trade, specializing in import, export, and customs compliance.
She partners with Chambers of Commerce across the UK to deliver both independent and accredited training programs that combine practical expertise with strategic insight. Becky has a proven track record in designing and delivering international trade courses for both public and private sectors, alongside providing consultancy services.
Her work also includes supporting government-led trade initiatives through the Department for Business and Trade and the Welsh Government.
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