Thursday Aug 17, 2023

Transcending Trade: The NAFTZ Conference and its Impact on Global Commerce with Shannon Fura and Jeff Tafel

Welcome to the latest episode of the Simply Trade podcast. Andy and Lalo take an in-depth dive into Foreign Trade Zones (FTZs) and discuss the upcoming National Association of Foreign Trade Zone (NAFTZ) conference in Miami with guests, Shannon Fura and Jeff Tafel, both members of the NAFTZ board, sharing their expertise and insights. Some of the key topics discussed in this captivating episode include:

  • The crucial understanding of the FTZ regulatory framework where Shannon and Jeff emphasize the benefits of FTZs not only from an economic perspective but also for job creation and retention.

  • The need for more education and outreach to companies about FTZ benefits. This will positively impact the operational aspect and help businesses leverage FTZs better.

  • Discussion on the legislative and environmental changes challenging FTZ operations. Through their association, they advocate for the FTZ program and help to address these challenges.

  • They went into detail about the struggles faced by FTZs during the COVID-19 pandemic and how it significantly impacted FTZ operations, causing a shift towards remote compliance audits. Also, the conversation takes a turn towards the importance of balancing technology and human intervention in FTZ compliance audits.

  • Top insights from the annual NAFTZ conference, an essential event for executives and compliance personnel. The conference offers a deep dive into the practical applications of various trade compliance issues and is a valuable platform to connect with key decision makers and influencers.

  • The advanced uses of FTZs that can significantly improve cash flow and operations for enterprises, which is a crucial part of the agenda of the upcoming NAFTZ conference.

Overall, this episode serves as a comprehensive guide on Foreign Trade Zones and their significance to the global trade industry, providing valuable context and expert insights. Whether you’re a compliance personnel looking for answers, an executive aiming to advance your understanding of FTZs, or simply curious about the world of trade compliance, this episode has got you covered!

Enjoy the show!

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:

Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:

  • Advertising and sponsoring on Simply Trade

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  • Suggest any topics you would like to hear about

Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

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