Canada’s newest Free Trade Agreement with Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam is scheduled to be implemented Jan 1 2019. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will eliminate duty on most products immediately, with the remainder being staged to duty free over a number of years….
Tag: CPTPP
Tariff Rate Quotas under the new CPTPP Agreement
Applications for an allocation under the new CPTPP TRQs may now be submitted to Global Affairs Canada by email. The deadline for submitting an application is December 12th, 2018. Allocations will be issued on December 21, 2018. Please note that any applications submitted for a TRQ administered on a calendar year for the 2019 TRQ…
UPDATE: Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
With the ratification of the CPTPP by Australia on October 24 and following a 60-day “announcement” period, the agreement could possibly take effect as early as December 30. Such would see the reduction in duties for goods trading between the 6 initial signatories: Australia, Canada, Mexico, New Zealand, Japan and Singapore. The CPTPP provides for…
