Agreement on Preshipment Inspection WTO, Exports

Syllabus of the Subject: WTO Agreement on Preshipment Inspection.

Preshipment Inspection (PSI) in Foreign Trade;
Introduction to the Agreement on Preshipment Inspection of the World Trade Organization (WTO).

The objectives of the subject “Agreement on Preshipment Inspection” are the following:

Understand the pillars of the WTO Agreement on Preshipment Inspection;
Know the importance of the Preshipment Inspection in the export & import operations;
An in-depth analysis of the Agreement on Preshipment Inspection to evaluate the implications for an exporting company.

Agreement on Preshipment Inspection:

Non-tariff Measures to Trade. Online Education (Courses, Masters, Doctorate)

Online Student (Master International Business Foreign Trade)

The Subject “Agreement on Preshipment Inspection” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Courses: Non-tariff Measures, Foreign Trade Management.

Online Education (Courses, Masters, Doctorate): Foreign Trade Management

Diploma: Foreign Trade.

Online Professional Diploma in International Trade

Masters (MIB): International Business, Foreign Trade, International Transport.

Doctorate (DIB): World Trade.

Area of Knowledge: Foreign Trade.

Trade Facilitation - Trade Facilitation Agreement (TFA) - Revised Kyoto Convention - International Convention on the Harmonization of Frontier Controls of Goods (UNECE).

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English Study Master Doctorate in International Business in Spanish Acuerdo sobre Inspección Previa a la Expedición Study, Course Master Doctorate in International Business in French Accord sur l’inspection avant expédition Masters Foreign Trade in Portuguese Acordo sobre a Inspeção Pré-embarque.

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

Agreement on Preshipment Inspection

In Foreign Trade, the Preshipment Inspection consists of external companies or bodies verifying the exports of a company. This information can be based on the Export price (to avoid over billing), quality or quantity of the products to be exported.

The custom classification of the goods to be exported may also be included in this agreement.

All these practices (Non-tariff Measures and Technical Barriers to Trade), common in Foreign Trade, are recognized in the Agreement on Preshipment Inspection of the World Trade Organization.

This type of pre-shipment inspections are implemented by the Governments as a Safeguard measure seeking to protect the general interest of the country. These measures also help to prevent tax and Customs fraud.

The Agreement on Preshipment Inspection of the World Trade Organization forces to the governments to act in a transparent and non-discriminatory manner, in addition to not impeding the foreign trade facilitation.

The Agreement on Preshipment Inspection requires that the inspection be carried out in the custom territory from which the goods are exported.

Non-tariff Measures:

Customs and the World Trade Organization.