The Free Trade Agreement Certificate (FTAC) is an online programme that provides an understanding of the often difficult and legalistic FTA rules to enter key overseas market. The advanced-level curriculum provides a collaborative mapping of how business units can come together to overcome perceived technicalities and generate revenue-boosting solutions.
| Number of teaching lessons : 5 Lessons | Duration : 3 hours |
| Level : | Language: English |
| Credit category : | |
Corporates: Audit, legal, procurement, sales, taxation and trade compliance teams, as well as business development executives
- Learn how to expand and source your business activities more competitively via free trade agreements (FTAs)
- Differentiate the relationship between WTO principles and free trade agreements
- Learn the differences between the most-favoured-nation treatment vs. national treatment
- Save money by learning to identify how properly classified products can benefit from tariff concessions
Trade and Logistics: Carriers, customs brokers, forwarders, insurers, logistics service providers, professionals working in supply chain and manufacturing, as well as trade consultants
- Learn how free trade agreements (FTAs) can increase your capacity to source new suppliers at more competitive rates
- Understand the general rules of interpretation of the World Customs Organization’s (WCO) harmonized system for product classification
- Save money by learning to identify how properly classified products can benefit from tariff concessions
- Become more efficient in document preparation by using a handy checklist for customs procedures
Our final exam consists of a 60-minute examination which is live proctored via the internet. The passing grade is 70% minimum. Upon passing the examination, learners will be issued an accredited certificate for the programme.
Lesson 1: Strategic Planning Behind FTAs$
- Explain the historical development of General Agreement on Tariffs and Trade and the establishment of the WTO
- Distinguish the linkage between WTO principles and FTAs
- Interpret the process of leveraging on the FTA section for goods
Lesson 2: Overview of the FTA basics
- Identify key FTA technical clauses relevant for liberalising trade
- Explain the general rules of interpretation of Harmonised System (HS) product classification and tariff schedule
- Recognise why products must meet the Rules of Origin to qualify for tariff concession
Lesson 3: Importance of FTAs for Business Operations
- Explore Global Value Chains (GVCs) and the role of developing economies in the production process and the “de-nationalization” of manufacturing products
- Determine the features and variations of preferential FTAs
- Explain the key features of preferential FTAs in GVC
Lesson 4: Industry Case Studies
- Examine three sample case studies that recap what you have learned in the first three lessons
- The case studies will demonstrate how simple solutions can remedy problems often seen in the trade sector
Lesson 5: Assessment
- This section will test your knowledge on what you have learned so far and aims to equip you with the skills and context you will need in the field and prepare you for the final exam
Maler Vilee Ratnam
Principal Trainer Globalab launched her career in commercial related assistance programmes at the British High Commission. Assisting businesses from the United Kingdom and Singapore to work together was an area she enjoyed tremendously and decided to dedicate her career in trade and investment related government relations. Maler spent the next 15 years in developing her expertise with emphasis on trade, investment, competition and Free Trade Agreements. After her diplomatic service in KL, Malaysia, she embarked on legal studies with an intention to specialise in business law. She focused on assisting companies to export with government support while with International Enterprise Singapore (now called Enterprise Singapore).