Course details

Overview ?

The Course

International business is increasing conducted under the influence of a growing body of international Law. These set the framework for international trade, and competition in trade, with the aim of removing unnecessary barriers. The World Trade Organisation (WTO) has been at the forefront of establishing global trading practices, but other multi-lateral and bilateral agreements need to be considered. This course provides an introduction to this legal framework for the non-specialist.

The course covers:

The aims and intentions of international agreements
Practical implications for businesses trading internationally
Legislation applicable for international government procurement<

The Goals

Overview of aims of WTO
Overview of applicable legislation
Overview of current bilateral and multinational agreements
Understand the WTO legal system
Review WTO Obligations and Commitments
Study the WTO's dispute settlement, monitoring and enforcement system

The Process

Participants will learn by active participation throughout the programme through the use of course materials, exercises, questionnaires, training videos and discussion of “real life” issues in their organizations. The presenter is an experienced practitioner and consultant in international procurement, and focuses on the practical implications rather than specialist legal issues.

The Benefits

By attending this seminar, the employee will:

Have awareness of basis of International Law
Have Understanding of the principles of economic trade and development
Learn key learning points for application in your own organisation

The Results

The organisation will gain the following:

A streamlined Supply System
Reduced working capital
Lower costs
Better customer service
Reduced friction costs

The Core Competencies

Ethical behaviour
International Trade regulations
International Trade practices
Government Procurement and contracts

The Programme Content

Day One

Setting the scene

Overview and History of The World Trade Organisation
Organisation for Economic Co-operation and Development
Principles underlying World Trade agreements
Assumptions about Economic Trade and Development
Economic Principles of Trade
Areas not covered by WTO
General Agreement on Tariffs and Trade - GATT
The Doha Round of negotiations – progress and stumbling blocks
Legal remedies and processes

Day Two

Practical application of WTO Practices

WTO Obligations and commitments
Trade Defence instruments including Anti-dumping legislation
Tariffs and Barriers
Non-tariff barriers
Subsidies
Innovation
Intellectual Property
Research and Development

Day Three

Government Procurement under WTO

Aims and intentions of Government Procurement legislation
European Legislation
US legislation
Exclusions and exemptions
Acceptable government procurement practices
Development of local business and economies
International Trade Development

Day Four

Incoterms

Purpose and applicability of Incoterms
New revision Incoterms 2010
Definition of each term
Incorporation into terms and conditions
Pitfalls and practicalities of Incoterms

Day Five

International Ethics

Best Practices in avoiding Corruption
The Bribery Act in the EU
Foreign Corrupt Practices Act (USA)
Standards in Ethical Behaviour
Corporate Social Responsibility

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Day 5

Training Methodology

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