Free trade agreements (FTAs) provide attractive opportunities for exporters to increase their business internationally by making their products more affordable in growing markets. Importers benefit as well, because they can dramatically reduce duties and taxes. In addition to FTAs, U.S. Foreign-Trade Zones (FTZs), bonded warehouses and other programs aimed at deferring duty payments have also become very popular. Savings from these programs can be significant — often in the millions to tens of millions of dollars annually. Watch this video to see how the duty management capabilities in e2open’s Global Trade Management intelligent application suite can help you take advantage of important business opportunities and substantial cost savings.
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