Richard Mojica was quoted on the compliance challenges posed by Free Trade Agreements (FTAs) for U.S. companies who want to export goods and services to partner markets. "The benefit to taking advantage of a free trade agreement is not only market access, but if your products qualify for reduced-duty or duty-free treatment, that will translate into lower landed costs for the company's imports into those countries," Mojica said. "With this benefit comes the compliance challenges." Many companies find complying with highly technical "rules of origin" to be the biggest challenge presented by FTAs. "Learning how to navigate rules of origin is the key to benefitting from free trade agreements." Mojica said. "If a company does not prepare and retain certificates of origin as required by a particular free trade agreement, it could be subject to fines and penalties from customs administrations around the world."