COVID-19 Business Resource Center

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A Note to Our Exporters

 

 

 

 

To the U.S. Commercial Service Community:

The health and safety of our employees, clients, partners and communities is our top priority. Given the developing COVID-19 outbreak, we have made some recent changes to the way we serve U.S. exporters.

Our global network of experienced trade specialists will be working virtually and is looking forward to connecting with you via email, conference call, Skype, or video conference to discuss your international business plans. To contact a trade specialist in your area, visit our list of local U.S. Export Assistance Centers.

Know that we are here for you whether you have questions about the status of an event, need to cancel a service, or are checking on the status of an export market. To learn more about our virtual services, visit Trade.gov/virtual-services.

Additional Federal Government resources are available from the Small Business Administration and EXIM Bank.

Our thoughts are with you and the global business community, and we remain firmly committed to serving the needs of U.S. exporters like you. We will continue to evaluate options to ensure we can deliver on the objectives of our mission, and that we consider the safety of all parties involved. Connect with us on social media @USCommercialSvc for our latest updates and resources.

For more information contact:
Lilliam A. Baez, Director, U.S. Commercial Service Memphis
U.S. Department of Commerce | International Trade Administration
22 N Front Street Suite 200, Memphis, Tennessee 38103
901-201-0796
http://export.gov/tennessee/memphis

 

We look forward to working with you soon.

For more information on coronavirus, please visit: coronavirus.gov.

Discover Your Export Potential

The Chamber is here to help your business succeed. That means connecting you to growth opportunities for your company such as exporting. Companies who export have an easier time riding out fluctuations in the U.S. economy and are more likely to stay in business. Exporting is also a great way to reach more customers and can be profitable for businesses of all sizes. We’re here to help you get started.

In 2016, Memphis area companies exported nearly $12 billion worth of goods and services, a 64% increase in ten years.

Export Assistance

 Why Export?

More Customers

96% of the world’s consumers live outside of the U.S.

Sustainable Business

Businesses who export are less affected by fluctuations in the U.S. economy.

Jobs

Businesses who export create more jobs.

Increased Profit

On average, companies who export see sales increase and make more profits.

Certificates of Origin

The Greater Memphis Chamber through a partnership with the American World Trade Chamber of Commerce, offers electronically chamber stamped Certificate of Origin and export related documents. The authenticity of each document can be verified by customs worldwide through the International Chamber of Commerce Accreditation Chain at certificates.iccwbo.org. For full document verification visit www.CertificateofOrigin.com. 

New users: Complete the e-CO online registration form to request Greater Member Chamber of Commerce login credentials.

Registered users: Log in and begin the Certificate of Origin process.

What is a Certificate of Origin? 

A Certificate of Origin (CO) is an important international trade document attesting that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. COs also constitute a declaration by the exporter. 

Millions of COs are issued every year, facilitating trade around the world. Since as early as 1898, Chambers of commerce have been issuing non-preferential COs. 

The 1923 Geneva Convention and subsequent Kyoto Convention have seen governments formally recognize the important role chambers play in this domain, deeming them competent authorities and credible trusted third-parties in the issuance of COs. 

Virtually every country in the world considers the origin of imported goods when determining the duty that will be applied to the goods or, in some cases, whether the goods may be legally imported at all. 

In addition, COs may be needed to comply with letters of credit, foreign customs requirements or a buyer’s request. 

Beyond the CO—Legalization

Certain countries, primarily those that are non-signatories to the Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents, require commercial documents to be legalized by the country’s US Embassy or Consulate. Depending on invoice value, embassy fees can run into thousands of dollars in some countries, so exporters must be aware of these requirements.

The most common countries requiring embassy or consulate legalization include: Algeria, Argentina, Bahrain, Bolivia, Egypt, Iraq, Iran, Jordan, Kuwait, Lebanon, Libya, Oman, Paraguay, Somalia, Sudan, Syria, Qatar, Tunisia, UAE and Yemen.

Our chamber, in partnership with AWTCC, offers this service to system users. Each document is quoted on an individual basis prior to processing. Simply request legalization service with application.

For more information, contact us by email or call 901-201-0796.

Resources:

EXIM Export-Import Bank of the United States
https://www.exim.gov/
Tia.Fulton@exim.gov
202-565-3219

West TN Manufacturing Extension Partnership (MEP)
cis.tennessee.edu
Michael.Codega@tennessee.edu
901-378-0885

http://www.export.tnecd.com/#whyexport
http://www.trade.gov/cs/factsheet.asp

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