Is your company located in a Free Trade Agreement affiliated country?
Free Trade Agreements (FTAs) have become instrumental in shaping the global economic landscape. These agreements are pivotal in fostering economic growth, creating jobs, and bolstering international relations. In this blog post, we'll delve into what FTAs are, their key advantages, and how they impact participating countries.
Reduce costs
We encounter it often: high import expenses and other huge charges when importing new products. This can result in higher landing costs. Of course, we all try to keep costs as low as possible. But how can we do that easily? The Free Trade Agreement offers us a helping hand. Is your country among one of the 76 member countries?
What is a Free Trade Agreement?
The FTA applies to products manufactured within the EU. By having this certificate, we would like to show you that Parts Supply Worldwide is committed as an organization to international trade and economic efficiency. Are you curious to know what advantages joining the FTA will bring you?
Advantages Free Trade Agreement
By having an FTA certificate, Parts Supply Worldwide has the free right to constitute a free trade zone between cooperating states according to international trade agreements. Why not reduce costs when it can be done easily? Some of the benefits of the FTA are as follows:
- It saves both parties costs by reducing import tariffs and duties;
- Reduced trade barriers and customs formalities;
- Reduced import/export costs results in lower landing costs for your organization;
- Risk reduction through quality products produced in the EU;
- You can trade reliably through commitment and adherence to international trade regulations and standards;
- Having an FTA certificate requires Parts Supply Worldwide to adhere to specific quality and regulatory standards and thus improves your products.
Free Trade Agreement countries
- AD - Andorra
- AG - Antigua/Barbuda
- AL - Albania
- BA - Bosnia-Herzegovina
- BB - Barbados
- BS - Bahamas
- BW - Botswana
- BZ - Belize
- CA - Canada
- CH - Schweiz
- CI - Ivory Coast
- CL - Chile
- CM - Cameroon
- CO - Colombia
- CR - Costa Rica
- DK - Denmark
- DM - Dominica
- DO - Dominican Republic
- DZ - Algeria
- EC - Ecuador
- EG - Egypt
- ES - Spain
- FJ - Fiji
- FO - Faroe Islands
- GB - United Kingdom
- GD - Grenada
- GE - Georgia
- GH - Ghana
- GT - Guatemala
- GY - Guyana
- HN - Honduras
- IL - Israel
- IS - Iceland
- JM - Jamaica
- JO - Jordan
- JP - Japan
- KE - Kenya
- KN - St Kitts & Nevis
- KR - South Korea
- LB - Lebanon
- LC - St. Lucia
- LI - Liechtenstein
- LS - Lesotho
- MA - Morocco
- ME - Montenegro
- MG - Madagascar
- MK - Macedonia
- MU - Mauritius
- MV - Maldives
- MX - Mexico
- MZ - Mozambique
- NA - Namibia
- NI - Nicaragua
- NO - Norway
- PA - Panama
- PE - Peru
- PG - Papua New Guinea
- RS - Serbia
- SC - Seychelles
- SG - Singapore
- SR - Suriname
- SV - El Salvador
- SY - Syria
- SZ - Swaziland
- TN - Tunisia
- TR - Turkey
- TT - Trinidad, Tobago
- UA - Ukraine
- VC - St. Vincent
- VN - Vietnam
- XK - Kosovo
- ZA - South Africa
- ZW - Zimbabwe
So why wait? Find out today how the Free Trade Agreement can reduce your costs. Contact our team for more information. Let's build a future of limitless possibilities together!
You can give us a call at 0031 348 46 85 05, send an email to [email protected] or fill out the contact form on our website.