Evidencia 7: Compliance with foreign law

Negociación de Producto Colombiano Faja Cinturilla para mujer basado en el Tratado de Libre

Comercio entre Colombia y Chile, exportado a la ciudad de Santiago de Chile

Grupo de Trabajo N° 18 Hot Shapers Faja Cinturilla

Integrantes:

Alexandra Becerra España

Servicio Nacional de Aprendizaje Sena

Tecnólogo Negociación Internacional

Bogotá

2019 7
 Table of contents

Introduction………………………………………………………………………………… 3

1. FTA between Colombia and The United States ………………………………………... 4

2. Advantages ………………….……………………………………….…………………. 5

3. Disadvantages …………………………….…………………………………………… 6

Conclusions……………………………………………………………………………….... 8

Bibliography ………………………………………………………………………………. 9

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 Introduction

incautación (seizure)

ISO 9000

Aduanas customs

derechos de aduana customs duties

clasificación arancelaria tariff classification

anti-dumping

Factura comercial Commercial invoice

Licitación Bidding

Cartas crédito Letters of credit

Agente de aduana customs agencie

Impuesto al valor agregado. Value added tax

licencias de importación import licenses

7
Prior to exporting to a foreign country, should be aware of any foreign laws that might affect the

sale, sale. Information about foreign law often can be obtained from the customer or

distributor,exporter to confirm its customer’s advice with third parties, including attorneys, banks,

or government agencies, to feel confident that it properly understands the foreign law

requirements. Some specific examples are as follows:

1. Industry standard

Foreign manufacturers and trade associations often promulgate industry standards that are

enacted into law or that require compliance in order to sell successfully there. It may be

necessary to identify such standards even prior to manufacture of the product that the

company intends to sell for export or to modify the product prior to shipment. For example

The European Community has issued directives relating to safety standards for the following

important products: toys, simple pressure vessels and telecommunications terminal

equipment, machinery, gas appliances, electromagnetic compatibility, low voltage products,

and medical devices, Products not conforming to these directives are subject to seizure and

the assessment of fines.

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The ISO 9000 quality standards are becoming increasingly important for European sales.
 2. Foreign customs laws

The countries of export destination may have absolute quotas on the quantity of products that

can be importe. It is important to identify the amount of customs duties that will be assessed on

the product, which will involve determining the correct tariff classification for the product in

order to determine whether the tariff rate will be so high that it is unlikely that sales of the

product will be successful in that country. It is especially important to confirm that there are no

antidumping, countervailing, or other special customs duties imposed on the products. In any

case, where there is doubt as to the correct classification or valuation of the merchandise, duty

rate, or existence of assists, the importer (whether buyer or seller) may wish to seek an

administrative ruling from the foreign customs agency.

3. Government contracting

Sales to foreign governments, government agencies, or partially government owned private

businesses often involve specialized procedures and documentation.

4. Buy American equivalent

For products supplied by manufacturers in their own country. This may consist of an absolute

preference, for your company’s products is mandatory if government sales are expected to be

important.

5. Exchange controls and import licenses

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Unlike the United States, many nations of the world have exchange control systems designed to

limit the amount of their currency that can be used to buy foreign products. These nations require

that an import license from a central bank or the government be obtained in order for customers

in that country to pay for imported products.

6. Value-added taxes

Many countries impose a value-added tax on the stages of production and distribution. Such taxes

usually apply to imported goods, so that the importer, in addition to paying customs duties, must

pay a value-added tax based, usually, on the customs value plus duties.

7. Specialized laws

Foreign countries often enact specialized laws prohibiting the importation of certain products; the

existence of such regulation should be ascertained prior to manufacture, prior to entering into an

agreement to sell, and even prior to quoting prices or delivery dates to a customer.

7
Conclusions
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