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U.S.-India Agreement Promises to Pave the Way to Implementation of the WTO “Bali Agreement” on Trade Facilitation

By Craig Lewis, Chandri Navarro, Jonathan T. Stoel, Lewis Leibowitz & Samantha Sewall
November 18, 2014
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The U.S. and India have reached an agreement that promises to pave the way toward global implementation of the WTO Trade Facilitation Agreement (TFA). The breakthrough agreement between India and the U.S. should now make it possible for member countries to begin implementing the requirements of the agreement, providing potentially significant financial benefits to businesses trading goods around the world as local customs procedures are streamlined. The target date for ratification of the agreement is 31 July 2015. Upon ratification by two-thirds of the membership, the agreement will enter into force for all WTO states. Member state will then begin the process of adopting conforming legislation.

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Photo of Chandri Navarro Chandri Navarro

Partner, Washington, D.C.

Chandri Navarro works with companies, multinationals, trade associations, and governments on customs and trade law and policy, trade compliance matters, free trade negotiations, litigation, and legislation. Chandri helps clients resolve trade issues before the U.S. Customs and Border Protection (CPB)…

Partner, Washington, D.C.

Chandri Navarro works with companies, multinationals, trade associations, and governments on customs and trade law and policy, trade compliance matters, free trade negotiations, litigation, and legislation. Chandri helps clients resolve trade issues before the U.S. Customs and Border Protection (CPB), Office of the U.S. Trade Representative, Department of Commerce (DOC), U.S. Congress, and the Court of International Trade.

For over 20 years, Chandri has advised clients on customs and trade issues in many different countries and before foreign trade and customs agencies. She helps clients evaluate risks, identify potential problems, and resolve them in a practical and efficient manner when they do arise. She works with companies to create effective trade compliance programs, and to find business opportunities in their import/export transactions around the world.

Chandri advises clients on tariff classification, customs value, country of origin, labeling, trade preference programs, free trade agreements, and trade compliance programs. She also helps clients respond to CPB and other government agencies on matters affecting imports. She works with companies in reviewing contracts, agreements, and mergers and acquisitions (M&A) documents to help protect clients from trade compliance risks and successor liability.

Since her time as a U.S. State Department Security-Cleared Industry Adviser during the NAFTA negotiations, Chandri has helped companies and U.S. and foreign trade associations navigate the intricacies of rules of origin, tariff phase-out schedules, and cumulation provisions in trade negotiations.

Fluent in English, Spanish and French, Chandri is a sought-after speaker around the world on issues affecting importers and exporters.

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Photo of Jonathan T. Stoel Jonathan T. Stoel

Partner, Washington, D.C.

Multinational companies facing international trade and other complex international disputes look for specific experience in the courtroom and in arbitration. So do investors enmeshed in investment disputes. Jonathan Stoel has the experience to support clients in these challenging circumstances.

A…

Partner, Washington, D.C.

Multinational companies facing international trade and other complex international disputes look for specific experience in the courtroom and in arbitration. So do investors enmeshed in investment disputes. Jonathan Stoel has the experience to support clients in these challenging circumstances.

A partner in the firm’s International Trade and Investment and International Arbitration practices, Jonathan handles complex matters involving treaty-based claims, international investment protections, public international law, and international trade and customs issues. He also provides guidance on the U.S. Mexico-Canada Agreement (USMCA).

Jonathan helps clients in many industries, including the steel, pharmaceutical, energy, agriculture, and consumer products sectors. He represents claimant investors in investment arbitrations before the International Centre for Settlement of Investment Disputes (ICSID) and its additional facility, as well as in ad hoc arbitration under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL). Jonathan also develops strategies for clients to avoid protracted and costly investment dispute settlement proceedings.

Jonathan regularly represents companies in international trade administrative proceedings before the U.S. International Trade Commission (ITC) and the U.S. Department of Commerce (DOC). He also litigates appeals before the U.S. Court of Appeals for the Federal Circuit and the U.S. Court of International Trade. Jonathan has resolved international trade disputes through arbitration before panels constituted pursuant to the World Trade Organization (WTO), the North American Free Trade Agreement (NAFTA), and the London Court of International Arbitration (LCIA). Jonathan provides customs law guidance to clients on classification, valuation, tariff preference, and other issues. He has first-chaired client defenses in customs regulatory audits, prior disclosures, and penalty and forfeiture proceedings.

Jonathan also serves as the chair of the Board of Trustees of the Thurgood Marshall Academy, a Southeast Washington charter school, and as counsel to the Court-appointed Receiver for Options Public Charter School.

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  • Posted in:
    Administrative
  • Blog:
    Focus on Regulation
  • Organization:
    Hogan Lovells
  • Article: View Original Source

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