David Harlow has been elected to the Foreign Trade Association for a two-year term through December 2024! As a non-profit organization, the Foreign Trade Association provides its members with valuable information, educational resources, and networking opportunities to improve their business performance and expand their global reach. David's new role as a member of the Foreign Trade Association Board of Directors comes with high level responsibilities, including participating in the election of the association's President, Vice President, Secretary, and Treasurer.
The Foreign Trade Association is a non-profit organization that provides its members with valuable information, educational resources, and networking opportunities to improve their business performance and expand their global reach. The organization is committed to helping its members navigate the complex and ever-changing global trade landscape, enabling them to stay up-to-date with regulatory changes and new trade developments.
One of the benefits of being a member of the Foreign Trade Association is access to Foreign Trade Zones (FTZs). FTZs are secure areas that are considered to be outside of U.S. Customs territory. This means that goods can be brought into an FTZ without being subject to Customs duties or taxes. FTZs can be used for a variety of activities including manufacturing, testing, and storage.
FTZs offer several benefits for companies engaged in global trade. By bringing goods into an FTZ, companies can defer Customs duties and taxes until the goods are removed from the FTZ and enter the U.S. Customs territory. This can help improve cash flow and reduce the cost of doing business. In addition, companies can benefit from reduced processing times and streamlined Customs procedures when operating in an FTZ.
ITC Diligence International Inc. is well-positioned to help clients take advantage of the benefits of FTZs. With David's extensive knowledge of international trade, customs, and supply chain management, ITC Diligence International Inc. is able to provide clients with comprehensive support and guidance when it comes to operating in an FTZ.
In addition to the benefits of FTZs, being a member of the Foreign Trade Association can also provide access to valuable networking opportunities. Members can connect with other companies engaged in global trade, as well as industry experts and government officials. This can help companies stay up-to-date with the latest trends and developments in global trade, as well as identify new business opportunities.
David's election to the Foreign Trade Association is a significant achievement, not only for him personally, but also for ITC Diligence International Inc. and its clients. By leveraging his extensive experience and knowledge of international trade, customs, and supply chain management, David will be able to provide even greater support to clients looking to expand their global reach and take advantage of the benefits of FTZs.
Overall, being a member of the Foreign Trade Association offers numerous benefits for companies engaged in global trade. From access to FTZs to valuable networking opportunities, the association is committed to helping its members succeed in the complex and ever-changing world of international trade. With David's election to the Board of Directors, ITC Diligence International Inc. is well-positioned to provide clients with even more comprehensive support and guidance when it comes to navigating the global trade landscape.
