Presentation from the Dickinson Wright Webinar "Across the Pond: Canada-EU Comprehensive Economic and Trade Agreement (CETA)" presented by Brenda Swick on May 16, 2017.
This document discusses potential trade barriers related to climate change. It analyzes the Waxman-Markey Bill, which proposes border tax measures for imports into the US from countries that do not regulate greenhouse gas emissions. The document examines India's trade with the US and identifies sectors that would be most affected by such border taxes, such as precious metals, apparel, machinery, and organic chemicals. It outlines methods used to estimate sectors' greenhouse gas emission levels and potential impacts on India's export revenues. While the bill may not pass, the analysis identifies industries vulnerable to future climate-related trade barriers.
The document summarizes several U.S. trade preference programs including the Generalized System of Preferences (GSP), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), African Growth and Opportunity Act (AGOA), and the maquiladora program between the U.S. and Mexico. It describes eligibility requirements, rules of origin, products that qualify for duty-free access, and exclusions under each program.
Rules of origin determine the country of origin of products for international trade purposes. This presentation discusses rules of origin in Canada's trade agreements like NAFTA, CETA, and TPP. It defines key concepts like tariff shifts, regional value content calculations, and exceptions for sensitive sectors. The NAFTA introduced detailed rules while newer agreements use "build-up" and "focused value" methods and allow for limited non-originating content through quotas or derogations.
The document summarizes the key negotiated outcomes of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). It outlines that CETA will eliminate tariffs on nearly all goods traded between Canada and the EU. For sensitive goods, tariff elimination will be phased in over longer time periods up to 7 years. It also establishes rules of origin and customs procedures to facilitate bilateral trade. Specific sectors like automobiles, fish and seafood, and agriculture include product-specific tariff rate quotas or rules of origin derogations during the transition to free trade.
Agriculture in RTAs: The example of Trans-Pacific Partnership FAO
Ekaterina Krivonos, FAO. Materials of the workshop: Trade Policy, WTO and Development of Agricultural Markets in the Post-Soviet Countries, organized by FAO 5 October, Tbilisi, Georgia http://www.fao.org/economic/est/est-events-new/tpps/en/
1. The document outlines 7 key challenges facing the textiles and clothing (T&C) industry in Latin America following the end of the Agreement on Textiles and Clothing (ATC), including price reductions, industry consolidation, competition from China, use of trade remedies, the Doha Development Round negotiations, approaches of multilateralism vs free trade agreements, and new regulatory rules.
2. It recommends that Latin American countries pursue closer regional cooperation, South-South trade, product and market diversification including into man-made fibers, and partnerships with foreign investors to improve competitiveness.
3. The rules governing international T&C trade from 2005 are also summarized, including provisions for China-specific safeguards, ant
- Foreign-Trade Zones (FTZs) are designated areas within the United States that are considered outside of the country for customs purposes. They allow companies to import goods without customs duties or quotas until the goods enter the US marketplace.
- FTZs provide significant benefits to private companies, including no duties on goods that are exported from the zone or destroyed, reduced or eliminated duties on waste and scrap, and exemption from some local and state taxes. Companies can also choose to pay duties on raw materials or finished products, whichever is lower.
- Establishing an FTZ requires applying to the FTZ Board for approval, which takes about a year. Once approved, US Customs must also activate the zone and
This document discusses potential trade barriers related to climate change. It analyzes the Waxman-Markey Bill, which proposes border tax measures for imports into the US from countries that do not regulate greenhouse gas emissions. The document examines India's trade with the US and identifies sectors that would be most affected by such border taxes, such as precious metals, apparel, machinery, and organic chemicals. It outlines methods used to estimate sectors' greenhouse gas emission levels and potential impacts on India's export revenues. While the bill may not pass, the analysis identifies industries vulnerable to future climate-related trade barriers.
The document summarizes several U.S. trade preference programs including the Generalized System of Preferences (GSP), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), African Growth and Opportunity Act (AGOA), and the maquiladora program between the U.S. and Mexico. It describes eligibility requirements, rules of origin, products that qualify for duty-free access, and exclusions under each program.
Rules of origin determine the country of origin of products for international trade purposes. This presentation discusses rules of origin in Canada's trade agreements like NAFTA, CETA, and TPP. It defines key concepts like tariff shifts, regional value content calculations, and exceptions for sensitive sectors. The NAFTA introduced detailed rules while newer agreements use "build-up" and "focused value" methods and allow for limited non-originating content through quotas or derogations.
The document summarizes the key negotiated outcomes of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). It outlines that CETA will eliminate tariffs on nearly all goods traded between Canada and the EU. For sensitive goods, tariff elimination will be phased in over longer time periods up to 7 years. It also establishes rules of origin and customs procedures to facilitate bilateral trade. Specific sectors like automobiles, fish and seafood, and agriculture include product-specific tariff rate quotas or rules of origin derogations during the transition to free trade.
Agriculture in RTAs: The example of Trans-Pacific Partnership FAO
Ekaterina Krivonos, FAO. Materials of the workshop: Trade Policy, WTO and Development of Agricultural Markets in the Post-Soviet Countries, organized by FAO 5 October, Tbilisi, Georgia http://www.fao.org/economic/est/est-events-new/tpps/en/
1. The document outlines 7 key challenges facing the textiles and clothing (T&C) industry in Latin America following the end of the Agreement on Textiles and Clothing (ATC), including price reductions, industry consolidation, competition from China, use of trade remedies, the Doha Development Round negotiations, approaches of multilateralism vs free trade agreements, and new regulatory rules.
2. It recommends that Latin American countries pursue closer regional cooperation, South-South trade, product and market diversification including into man-made fibers, and partnerships with foreign investors to improve competitiveness.
3. The rules governing international T&C trade from 2005 are also summarized, including provisions for China-specific safeguards, ant
- Foreign-Trade Zones (FTZs) are designated areas within the United States that are considered outside of the country for customs purposes. They allow companies to import goods without customs duties or quotas until the goods enter the US marketplace.
- FTZs provide significant benefits to private companies, including no duties on goods that are exported from the zone or destroyed, reduced or eliminated duties on waste and scrap, and exemption from some local and state taxes. Companies can also choose to pay duties on raw materials or finished products, whichever is lower.
- Establishing an FTZ requires applying to the FTZ Board for approval, which takes about a year. Once approved, US Customs must also activate the zone and
What is the impact of African Growth and Opportunity Act on the textile and a...ThreadSol
The African Growth and Opportunity Act (#AGOA) is a trade agreement between the US and 39 sub-Saharan African nations. The impact that AGOA has on the economies of the beneficiary countries is considerable. AGOA is the sole reason that has enabled the SSA countries to compete in the global apparel industry and sustain, even when competitors like India and China have better technology and capital.
The document discusses the African Growth and Opportunity Act (AGOA), a US trade preference program that aims to assist certain African countries. AGOA eliminates tariffs for over 6,400 products from eligible countries and extends trade benefits for textiles until 2012. It established several trade hubs to provide technical assistance to partner countries. AGOA also provides duty-free access to the US market, simplifies rules of origin, and supports export-oriented industries and investment.
CIS countries: Issues and challenges for agriculture in the WTO contextLars Brink
Countries in the Commonwealth of Independent States (CIS) and also Georgia, Turkmenistan and Ukraine face diverse challenges in agricultural policy in the context of the World Trade Organization (WTO). Some are WTO members and some are in the process of acceding. The presentation reviews the WTO rules in agricultural support as they apply to these countries and the opportunities to influence WTO processes these countries have gained or may gain in acceding to the WTO.
The document summarizes proposed reforms to the EU's Generalized System of Preferences (GSP) rules of origin. Key changes include making rules product-specific rather than relying solely on value-added, simplifying rules through the use of tariff classification changes or specific processing requirements, expanding regional cumulation to include Mercosur countries, and allowing statements of origin from registered exporters instead of certification by authorities. An analysis found that proposed rules of origin for key Brazilian exports like fisheries, hides and leather, textiles, machinery and motor vehicles generally increased flexibility through higher non-originating content thresholds or alternative rules.
The document summarizes the European Union's role in international trade. It discusses the EU's history and current member states. It outlines the EU's high level of economic integration including the single market and use of the Euro. It then examines the EU's level of exports and imports by industry and trading partner. Finally, it analyzes the various trade agreements the EU has with countries and economic blocs around the world, including the United States, China, India, Russia, Central and South America, Africa, the Middle East, and others. It concludes by noting future challenges for international trade within Europe.
The document discusses the free trade agreement between the United States and Colombia. Some key points:
- The FTA aims to eliminate tariffs on goods traded between the two countries over time, with 80% of US exports to Colombia becoming tariff-free and the remainder phased out over 10-19 years.
- Agriculture was a sensitive issue but the FTA provides for phased tariff reductions on US agricultural products like beef, pork and grains entering Colombia.
- The FTA also covers elimination of barriers for services, investment, intellectual property rights, government procurement and other areas.
- Studies found the FTA would increase bilateral trade and have a small positive impact on the economies of both countries
Foreign-Trade Zones (FTZs) are secure areas located within or near U.S. ports of entry where foreign and domestic goods are considered outside of U.S. customs territory. This allows goods to be stored, exhibited, manufactured, or processed without formal customs entry or payment of duties until they enter U.S. commerce. Key benefits of FTZs include duty elimination on re-exports, duty relief on waste and scrap, and duty deferral which provides working capital savings. Companies use FTZs to gain these cost savings and competitiveness advantages over importing goods directly into the United States.
The document summarizes key trade relationships and disputes between the United States, European Union, and United Kingdom. It discusses the large bilateral trade between the US and EU, worth over $1 trillion annually. It also outlines several major trade disputes over issues like bananas, genetically modified organisms, beef hormones, poultry processing, and government subsidies. Finally, it provides background on Brexit and analyzes potential impacts to trade relations as the UK exits the EU.
Presentation discussing the basics of FTZs including the different types, the benefits, and the regulatory agencies supervising the FTZ program in the U.S.
The document summarizes Canada's free trade agreement with Ukraine (CUFTA). Some key points:
- CUFTA entered into force in August 2017 after negotiations from 2010-2015 and ratification processes in both countries.
- It eliminated tariffs on nearly 100% of Canadian imports to Ukraine and over 85% of Ukrainian imports to Canada, with remaining tariffs to be phased out over 7 years.
- The agreement aims to increase bilateral trade, which has grown steadily since 2014, and provides benefits for sectors important to Western Canada like pork and pulses.
- In addition to tariff reductions, CUFTA includes provisions on technical barriers, intellectual property, procurement, and other areas to facilitate trade between
Canada has a population of over 34 million people and a GDP of over $1.3 trillion, relying heavily on exports such as vehicles, machinery, and oil to the US and imports of similar goods. The US and Canada have strong economic ties and trade over $1 trillion annually due to NAFTA. Exporting companies should establish local partnerships in Canada to navigate customs requirements and sell to specific sectors like aerospace in Montreal or automotive in Toronto.
Update on the Tariffs on Chinese Imports: Section 232 & 301Trade Risk Guaranty
Trade Risk Guaranty joined by Gregg Cummings from their sister company, Strix, for an update on the tariffs imposed on goods imported from China and steel & aluminum imports. The presentation is a packed hour discussing the following topics:
- Updates on the Section 232 Tariffs on Steel and Aluminum
- Updates on the Section 301 Tariffs on Chinese Imports
- Overview on Retaliatory Measures from Other Countries
- What We Have Seen Since Implementation
- What Can You Do? And Tools To Help
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/nrRFZGI67ZY
The document summarizes President Trump's 2018 trade actions, including tariffs on solar panels, washing machines, steel, and aluminum. It discusses who benefits and is hurt by each action. For steel and aluminum, US producers benefit from higher prices while US companies that use steel and aluminum as inputs are hurt by also facing higher prices. Retaliatory tariffs from other countries in response also hurt US exporters. Overall, the tariffs led to higher prices for businesses and consumers but supported some domestic production.
Lawyer in Vietnam Dr. Oliver Massmann ASEAN AFTER CPTPP - Vietnam FocusDr. Oliver Massmann
The document discusses the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement and its implications for Vietnam. It notes that CPTPP will provide Vietnam access to new markets like Canada, Mexico, and Peru, and opportunities in sectors like textiles, food, and chemicals. It also discusses challenges like competition and the need to strengthen domestic industries. Overall, CPTPP is expected to boost Vietnam's GDP by 1.32% and offers incentives for reforms to attract more foreign investment.
The document discusses the North American Free Trade Agreement (NAFTA), which created a trilateral trade bloc between Canada, Mexico, and the United States in 1994. NAFTA's objectives were to eliminate trade barriers and promote cross-border movement of goods and services. The agreement's members and their roles are described. Both pros and cons of NAFTA are provided, such as increased trade but also job losses in some industries. In conclusion, NAFTA has played an important role in developing the three nations' economies but also had some negative social impacts.
US_Canada_Trade | Opportunities Through NAFTA and BeyondNishantNag5
This document discusses opportunities for increased U.S.-Canada trade through NAFTA and beyond. It provides statistics showing that Canada is the largest trading partner and export market for the U.S., that two-way trade between the U.S. and NAFTA partners has greatly increased since 1993, and that NAFTA exports from states like Minnesota have also significantly risen. It also outlines some successes of NAFTA in reducing trade barriers and stimulating growth, and introduces the Security and Prosperity Partnership agreement aimed at further strengthening North American economic and security cooperation.
Presidential Authority For International TradeMIQ Logistics
Do you know the President’s authority as it related to international trade and commerce? This presentation provides insight into the President’s authority according to language in the Constitution, Executive Authority per specific Trade Acts, as well as historical precedents. The presentation also reviews the current status of NAFTA and the potential impact to Regional Value Content if the trade agreement is renegotiated.
The document discusses the impact of the Deep and Comprehensive Free Trade Area (DCFTA) between Ukraine and the EU on businesses. The DCFTA will align Ukrainian regulations and standards with the EU in many areas including technical barriers to trade, sanitary and phytosanitary measures, customs procedures, and company/accounting laws. Some changes will require minimal investment while others like compliance with technical and food safety regulations will require businesses to understand new standards, test products, and get certifications. The study recommends businesses develop implementation strategies, make internal process changes, invest in upgrades, and get external certifications as needed to comply with the new regulations under the DCFTA.
The Impact of Brexit: Risks, Solutions and Opportunities for your BusinessMichelle Rudek
In this white paper, which Customs Connect presented at the recent Construction Equipment Association (CEA) Conference, we provide a comprehensive overview of the impact of Britain leaving the European Union and the key risks for UK Industry. We provide some tips on how to mitigate these risks and to prepare for the impact of Brexit as much as possible.
This document discusses options for recycling revenue from carbon pricing and considers the trade-offs between household fairness, business competitiveness, economic growth, emissions reductions, and public acceptability. It analyzes six options for revenue recycling: transfers to households, reducing income taxes, investing in infrastructure, clean technology, reducing government debt, and supporting industry. Through modeling different scenarios, it finds that revenue recycling can address challenges from carbon pricing while supporting broader economic and environmental goals, but the best approach depends on each province's unique context. It recommends that governments use revenue recycling to address fairness and competitiveness, clearly define objectives, use a portfolio of approaches, and adjust priorities over time.
This presentation offers a cursory overview of the TTIP currently under negotiation by the USA and EU. The aim of the presentation is to stimulate discussion on the relevance of the proposed partnership to South Africa and African regional integration with an emphasis on agriculture.
Shifting Trade Rules and the Future for North America’s Auto IndustryBoston Consulting Group
Two major initiatives by the US to overhaul trade rules could have a massive impact on North America’s automotive manufacturing industry. Here’s how companies should prepare.
What is the impact of African Growth and Opportunity Act on the textile and a...ThreadSol
The African Growth and Opportunity Act (#AGOA) is a trade agreement between the US and 39 sub-Saharan African nations. The impact that AGOA has on the economies of the beneficiary countries is considerable. AGOA is the sole reason that has enabled the SSA countries to compete in the global apparel industry and sustain, even when competitors like India and China have better technology and capital.
The document discusses the African Growth and Opportunity Act (AGOA), a US trade preference program that aims to assist certain African countries. AGOA eliminates tariffs for over 6,400 products from eligible countries and extends trade benefits for textiles until 2012. It established several trade hubs to provide technical assistance to partner countries. AGOA also provides duty-free access to the US market, simplifies rules of origin, and supports export-oriented industries and investment.
CIS countries: Issues and challenges for agriculture in the WTO contextLars Brink
Countries in the Commonwealth of Independent States (CIS) and also Georgia, Turkmenistan and Ukraine face diverse challenges in agricultural policy in the context of the World Trade Organization (WTO). Some are WTO members and some are in the process of acceding. The presentation reviews the WTO rules in agricultural support as they apply to these countries and the opportunities to influence WTO processes these countries have gained or may gain in acceding to the WTO.
The document summarizes proposed reforms to the EU's Generalized System of Preferences (GSP) rules of origin. Key changes include making rules product-specific rather than relying solely on value-added, simplifying rules through the use of tariff classification changes or specific processing requirements, expanding regional cumulation to include Mercosur countries, and allowing statements of origin from registered exporters instead of certification by authorities. An analysis found that proposed rules of origin for key Brazilian exports like fisheries, hides and leather, textiles, machinery and motor vehicles generally increased flexibility through higher non-originating content thresholds or alternative rules.
The document summarizes the European Union's role in international trade. It discusses the EU's history and current member states. It outlines the EU's high level of economic integration including the single market and use of the Euro. It then examines the EU's level of exports and imports by industry and trading partner. Finally, it analyzes the various trade agreements the EU has with countries and economic blocs around the world, including the United States, China, India, Russia, Central and South America, Africa, the Middle East, and others. It concludes by noting future challenges for international trade within Europe.
The document discusses the free trade agreement between the United States and Colombia. Some key points:
- The FTA aims to eliminate tariffs on goods traded between the two countries over time, with 80% of US exports to Colombia becoming tariff-free and the remainder phased out over 10-19 years.
- Agriculture was a sensitive issue but the FTA provides for phased tariff reductions on US agricultural products like beef, pork and grains entering Colombia.
- The FTA also covers elimination of barriers for services, investment, intellectual property rights, government procurement and other areas.
- Studies found the FTA would increase bilateral trade and have a small positive impact on the economies of both countries
Foreign-Trade Zones (FTZs) are secure areas located within or near U.S. ports of entry where foreign and domestic goods are considered outside of U.S. customs territory. This allows goods to be stored, exhibited, manufactured, or processed without formal customs entry or payment of duties until they enter U.S. commerce. Key benefits of FTZs include duty elimination on re-exports, duty relief on waste and scrap, and duty deferral which provides working capital savings. Companies use FTZs to gain these cost savings and competitiveness advantages over importing goods directly into the United States.
The document summarizes key trade relationships and disputes between the United States, European Union, and United Kingdom. It discusses the large bilateral trade between the US and EU, worth over $1 trillion annually. It also outlines several major trade disputes over issues like bananas, genetically modified organisms, beef hormones, poultry processing, and government subsidies. Finally, it provides background on Brexit and analyzes potential impacts to trade relations as the UK exits the EU.
Presentation discussing the basics of FTZs including the different types, the benefits, and the regulatory agencies supervising the FTZ program in the U.S.
The document summarizes Canada's free trade agreement with Ukraine (CUFTA). Some key points:
- CUFTA entered into force in August 2017 after negotiations from 2010-2015 and ratification processes in both countries.
- It eliminated tariffs on nearly 100% of Canadian imports to Ukraine and over 85% of Ukrainian imports to Canada, with remaining tariffs to be phased out over 7 years.
- The agreement aims to increase bilateral trade, which has grown steadily since 2014, and provides benefits for sectors important to Western Canada like pork and pulses.
- In addition to tariff reductions, CUFTA includes provisions on technical barriers, intellectual property, procurement, and other areas to facilitate trade between
Canada has a population of over 34 million people and a GDP of over $1.3 trillion, relying heavily on exports such as vehicles, machinery, and oil to the US and imports of similar goods. The US and Canada have strong economic ties and trade over $1 trillion annually due to NAFTA. Exporting companies should establish local partnerships in Canada to navigate customs requirements and sell to specific sectors like aerospace in Montreal or automotive in Toronto.
Update on the Tariffs on Chinese Imports: Section 232 & 301Trade Risk Guaranty
Trade Risk Guaranty joined by Gregg Cummings from their sister company, Strix, for an update on the tariffs imposed on goods imported from China and steel & aluminum imports. The presentation is a packed hour discussing the following topics:
- Updates on the Section 232 Tariffs on Steel and Aluminum
- Updates on the Section 301 Tariffs on Chinese Imports
- Overview on Retaliatory Measures from Other Countries
- What We Have Seen Since Implementation
- What Can You Do? And Tools To Help
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/nrRFZGI67ZY
The document summarizes President Trump's 2018 trade actions, including tariffs on solar panels, washing machines, steel, and aluminum. It discusses who benefits and is hurt by each action. For steel and aluminum, US producers benefit from higher prices while US companies that use steel and aluminum as inputs are hurt by also facing higher prices. Retaliatory tariffs from other countries in response also hurt US exporters. Overall, the tariffs led to higher prices for businesses and consumers but supported some domestic production.
Lawyer in Vietnam Dr. Oliver Massmann ASEAN AFTER CPTPP - Vietnam FocusDr. Oliver Massmann
The document discusses the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement and its implications for Vietnam. It notes that CPTPP will provide Vietnam access to new markets like Canada, Mexico, and Peru, and opportunities in sectors like textiles, food, and chemicals. It also discusses challenges like competition and the need to strengthen domestic industries. Overall, CPTPP is expected to boost Vietnam's GDP by 1.32% and offers incentives for reforms to attract more foreign investment.
The document discusses the North American Free Trade Agreement (NAFTA), which created a trilateral trade bloc between Canada, Mexico, and the United States in 1994. NAFTA's objectives were to eliminate trade barriers and promote cross-border movement of goods and services. The agreement's members and their roles are described. Both pros and cons of NAFTA are provided, such as increased trade but also job losses in some industries. In conclusion, NAFTA has played an important role in developing the three nations' economies but also had some negative social impacts.
US_Canada_Trade | Opportunities Through NAFTA and BeyondNishantNag5
This document discusses opportunities for increased U.S.-Canada trade through NAFTA and beyond. It provides statistics showing that Canada is the largest trading partner and export market for the U.S., that two-way trade between the U.S. and NAFTA partners has greatly increased since 1993, and that NAFTA exports from states like Minnesota have also significantly risen. It also outlines some successes of NAFTA in reducing trade barriers and stimulating growth, and introduces the Security and Prosperity Partnership agreement aimed at further strengthening North American economic and security cooperation.
Presidential Authority For International TradeMIQ Logistics
Do you know the President’s authority as it related to international trade and commerce? This presentation provides insight into the President’s authority according to language in the Constitution, Executive Authority per specific Trade Acts, as well as historical precedents. The presentation also reviews the current status of NAFTA and the potential impact to Regional Value Content if the trade agreement is renegotiated.
The document discusses the impact of the Deep and Comprehensive Free Trade Area (DCFTA) between Ukraine and the EU on businesses. The DCFTA will align Ukrainian regulations and standards with the EU in many areas including technical barriers to trade, sanitary and phytosanitary measures, customs procedures, and company/accounting laws. Some changes will require minimal investment while others like compliance with technical and food safety regulations will require businesses to understand new standards, test products, and get certifications. The study recommends businesses develop implementation strategies, make internal process changes, invest in upgrades, and get external certifications as needed to comply with the new regulations under the DCFTA.
The Impact of Brexit: Risks, Solutions and Opportunities for your BusinessMichelle Rudek
In this white paper, which Customs Connect presented at the recent Construction Equipment Association (CEA) Conference, we provide a comprehensive overview of the impact of Britain leaving the European Union and the key risks for UK Industry. We provide some tips on how to mitigate these risks and to prepare for the impact of Brexit as much as possible.
This document discusses options for recycling revenue from carbon pricing and considers the trade-offs between household fairness, business competitiveness, economic growth, emissions reductions, and public acceptability. It analyzes six options for revenue recycling: transfers to households, reducing income taxes, investing in infrastructure, clean technology, reducing government debt, and supporting industry. Through modeling different scenarios, it finds that revenue recycling can address challenges from carbon pricing while supporting broader economic and environmental goals, but the best approach depends on each province's unique context. It recommends that governments use revenue recycling to address fairness and competitiveness, clearly define objectives, use a portfolio of approaches, and adjust priorities over time.
This presentation offers a cursory overview of the TTIP currently under negotiation by the USA and EU. The aim of the presentation is to stimulate discussion on the relevance of the proposed partnership to South Africa and African regional integration with an emphasis on agriculture.
Shifting Trade Rules and the Future for North America’s Auto IndustryBoston Consulting Group
Two major initiatives by the US to overhaul trade rules could have a massive impact on North America’s automotive manufacturing industry. Here’s how companies should prepare.
This document discusses a study on the effectiveness of Canada's antidumping regime in restricting trade. It provides context on antidumping investigations and debates in the literature around whether such duties restrict trade from named countries or divert trade to non-named countries. The study uses data from 1990-2000 to examine the impact of Canadian antidumping measures on imports at the 10-digit HS code level. The results suggest Canada's antidumping duties are an effective protectionist tool, significantly reducing imports from named countries by 76% in the first period after duties are imposed, with little evidence of trade being diverted to non-named countries.
The Comprehensive & Progressive Trans-Pacific Partnership (CPTPP) and Sourcin...Jason Prescott
This panel discussion will go cover the following topics pertaining to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the opportunities for sourcing in Vietnam:
– How textiles and apparel goods will have access and qualify for preferential treatment within TPP countries and particularly Vietnam
– The TPP’s impact on manufacturing, supply chain, procurement, as well as customer and supplier relationships
– Specific verification procedures to be followed for textile and apparel companies
– The TPP and Existing Free Trade Agreements
– Qualifying for TPP Benefits
– Duty Reduction Staging and Special Safeguard Measures
PPT for “GST Overview” in the “Legal Compliance” Workshop organised at India International Centre, Delhi by Socio Research and Reform Foundation on 24.8.17
Year-End Update on the Chinese Tariffs: Section 232 & 301Trade Risk Guaranty
Trade Risk Guaranty joined by Gregg Cummings from their sister company, Strix, for a year-end update on the tariffs imposed on goods imported from China and steel & aluminum imports. This presentation introduces Section 201 and the Miscellaneous Tariff Bill.
The presentation is a packed hour discussing the following topics:
- Introducing Section 201 & The Miscellaneous Tariff Bill
- Recap on Import Tariffs; Section 232 & Section 301
- Announcements from the G20 Leader Summit
- Reactions to the G20 Leader Summit
- What Can You Do? And Tools To Help
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/F31244rULqU
The document summarizes economic cooperation opportunities between South Africa and Ukraine. It outlines South Africa's economic mandate to increase exports and attract foreign direct investment. Key opportunities for Ukraine companies include sectors identified in South Africa's Industrial Policy Action Plan such as metals, automotive, agro-industries, and chemicals. The document also provides an overview of South Africa and Ukraine's economies and bilateral trade, which is currently dominated by South African commodity exports. It identifies various South African investment incentives and support programs available to foreign investors.
The document discusses the concerns developing countries face in meeting increasingly stringent environmental regulations in international trade. Case studies show regulations on agriculture, fisheries, leather and textiles can be expensive for small producers and developing countries to comply with. National responses and international cooperation are needed to help developing countries strengthen capacities to meet standards, disseminate information, and participate in standard setting. Technical assistance should help build long-term capacities to comply with environmental standards and enhance export competitiveness.
This document provides an overview of India's foreign trade policy for 2009-2014. It discusses India's growing exports and trade share in recent years. It then outlines the economic crisis and declining exports. The policy aims to arrest this decline and achieve annual export growth targets. It describes various components of the policy including import/export controls, duty exemption schemes, and promotional measures. Stimulus measures by the government and RBI to boost exports are also summarized.
Similar to Across the Pond: Canada-EU Comprehensive Economic and Trade Agreement (CETA) (20)
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
Genocide in International Criminal Law.pptxMasoudZamani13
Excited to share insights from my recent presentation on genocide! 💡 In light of ongoing debates, it's crucial to delve into the nuances of this grave crime.
Defending Weapons Offence Charges: Role of Mississauga Criminal Defence LawyersHarpreetSaini48
Discover how Mississauga criminal defence lawyers defend clients facing weapon offence charges with expert legal guidance and courtroom representation.
To know more visit: https://www.saini-law.com/
Matthew Professional CV experienced Government LiaisonMattGardner52
As an experienced Government Liaison, I have demonstrated expertise in Corporate Governance. My skill set includes senior-level management in Contract Management, Legal Support, and Diplomatic Relations. I have also gained proficiency as a Corporate Liaison, utilizing my strong background in accounting, finance, and legal, with a Bachelor's degree (B.A.) from California State University. My Administrative Skills further strengthen my ability to contribute to the growth and success of any organization.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Massimo Talia
This guide aims to provide information on how lawyers will be able to use the opportunities provided by AI tools and how such tools could help the business processes of small firms. Its objective is to provide lawyers with some background to understand what they can and cannot realistically expect from these products. This guide aims to give a reference point for small law practices in the EU
against which they can evaluate those classes of AI applications that are probably the most relevant for them.
What are the common challenges faced by women lawyers working in the legal pr...lawyersonia
The legal profession, which has historically been male-dominated, has experienced a significant increase in the number of women entering the field over the past few decades. Despite this progress, women lawyers continue to encounter various challenges as they strive for top positions.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
Across the Pond: Canada-EU Comprehensive Economic and Trade Agreement (CETA)
1. Across the Pond:
Canada-EU Comprehensive Economic and
Trade Agreement (CETA)
May 16, 2017
Toronto, Canada
Brenda C. Swick
Bswick@dickinsonwright.com
Daniel Ujczo
ducjzo@dickinsonwright.com
Michael Weinczok
mweinczok@dickinsonwright.com
Dylan E. Augruso
daugruso@dickinsonwright.com
2. SPEAKERS
2
Brenda Swick
Trade and Government
Contracting Partner
Daniel Ujczo
Cross Border Business
Development Director
Michael Weinszok
Financial Services and
Insolvency Partner
Dylan Augruso
Student at Law
3. OBJECTIVE
• Backdrop against current NAFTA “upheaval”
• Overview of CETA with deeper dive in subsequent sessions
• July 1, 2017 implementation - duty free day!
• Questions and Answers
• Identify Areas of Further Interest
– Specific Sector?
– Rules of Origin?
– Origin Quotas?
– Government Contracting?
– Services?
– Dispute Settlement?
3
12. The Policy – Old
• Rules of Origin (ROO) for a New Economy
• Digital Chapter and E-Commerce (e.g., de
minimis rule USD 800/CAD 20)
• Intellectual Property
• Dispute Settlement (Chapters 11, 19, 20)
20. TIMING & TEMPO
• Appointment of USTR Lighthizer
• Meeting with Senate Advisory Group
• 90 Day Consultation (U.S.) and Canada
Consultations (Mexico Complete)
• Formal in Fall 2017
• Trade Promotion Authority /
Fast Track into 2018
20
21. TIMING & TEMPO (cont.)
• 2018 July Mexico Presidential Elections
• 2018 U.S. Midterms
• 2018 TPA Expiration
• 2019 CDN Elections
• Alternative – “Tweak” (e.g., Rules of Origin) /
Do No Harm
21
22. TENOR & TONE
• Trump – Withdrawal, Softwood, Dairy/ Supply
Management, Buy American 2018 TPA
Expiration (Watch Gypsum / DryWall)
• U.S. Congress
• Canada Response (B.C. Election / Ontario)
• Mexico
22
24. TARGETS & TOPICS (Cont.)
• Rules of Origin – Nothing from China or its
proxies (what about sensors, technology?)
– Opportunities for companies that need updates
such as chemicals.
• Supply Management – Dairy, Poultry, Eggs vs.
U.S. Sugar, Corn, Rice, Soy
24
25. TARGETS & TOPICS (Cont.)
• Digital Chapter – No duties on x-border data
flows; no localization requirements; consumer
and privacy protections; internet of things
access
• Intellectual Property – Pharma; Counterfeit
Goods
25
26. TARGETS & TOPICS (Bad)
• Dispute Resolution – U.S. hates; Canada
considers it national pride
• Softwood Lumber
• Government Procurement / Buy America
26
27. TARGETS & TOPICS (“Shoulds’”)
• Certify Supply Chains as “AmeriCan Made”
• Beyond the Border
• Workforce Mobility and Development
• “Stitch North America Together”
27
28. TARGETS & TOPICS (Go Forward)
• Regulatory Cooperation Council (RCC) – U.S. 2
for 1 rule allows for international
harmonziation. Win for Trump Admin.
28
29. TARGETS & TOPICS (Cont.)
• Example: Food Safety Modernization Act and
Safe Food for Canadians Act
29
30. UNDERSTANDING CETA
• History of CETA free trade negotiations
• A “new generation” free trade agreement
– trade in goods;
– trade in services;
– labour mobility;
– investment protection;
– intellectual property; and
– government procurement.
• Gateway to EU companies to invest in Canada then use Canada as a “gateway” to
conduct business on a free trade basis in both North America using NAFTA
• Implementation process in Canada and the EU
– Provisional application – 99% duty free
30
31. OPPORTUNITIES IN THE EU
CANADA EU
35 million consumers 500 million consumers
$1.7 trillion (GDP) $16 trillion (GDP)
1 state 28 member states
31
32. CANADA & EU US TRADE IN PERSPECTIVE
US ($b) EU ($b)
Exports of goods 392 42
Imports of goods 360 52
Export of services 40 13
Import of services 57 15
• Canada is EU’s 12th
largest trade partner (1.8% of its exports)
• EU is Canada’s 2nd
largest trade partner (9.5% of its exports)
• EU is Canada’s second largest source of foreign direct investment ($180 b)
32
Source: Statistics Canada (2016)
33. PROVISIONAL APPLICATION: JULY 1, 2017
• Bifurcated Agreement therefore provisional implementation required
• European Parliament approved the Agreement on February 15, 2017
• Provisional Implementation of CETA
– CETA implementation legislation, An Act to implement the Comprehensive Economic and Trade
Agreement between Canada and the European Union and its Member States and to provide for
certain other measures (Bill C-30), received third reading before the Senate on May 11, 2017 and
comes into effect July 1, 2017
• Market access provisions, tariff cuts and government procurement rules –
will come into force provisionally and immediately on July 1, 2017
33
34. MARKET ACCESS
• Reduction and elimination of duties on July 1, 2017
– upon coming into force 98 percent of EU and Canadian tariff lines will be duty-
free - compared with just 25% today
• Significant reductions for some sectors
– within seven years, 99 percent of EU and Canadian tariff lines will be duty-free
• Key sectors subject to duty phase-out
– EU – automobiles, fish and seafood products
– Canada – automobiles and ships
• Fish and seafood products: full duty free access will be phased in over
3-7 years using TRQs
34
35. TARIFF ELIMINATION:
CANADIAN INDUSTRIAL GOODS
• 99% eliminated on July 1, 2017
• Forest & Metal products:
– All Canadian products will be tariff free from tariffs ranging up to 10%
• Significant advantage over competing imports from US and China into EU
• Oil and Gas Products
– Duty free (current duty up to 8%)
• Automotive & Parts
– EU duty on Canadian auto parts eliminated (currently up to 4.5%)
– Duties eliminated immediately on some vehicles such as road tractors and fire fighting
vehicles
– Canadian produced automobiles may be exported duty free provided 50% of the
content is Canadian
– TRQ for up to 100,000 Canadian made automobiles under more liberal rule of origin
(with Canadian content as low as 20%)
35
36. 36
TARIFF ELIMINATION:
CANADIAN INDUSTRIAL GOODS
• Chemicals and Plastics:
– Duty free (current duty up to 6.5%, average duty of 4.9%)
– Canadian exports of chemical and plastics to EU worth approx. $2 billion per year
• Telecommunications
– Duty free (current duty up to 14%)
• Advanced Manufacturing
– EU duties on various machinery, parts and equipment eliminated
– Examples: machinery and equipment (currently up to 8%), medical devices (8%), rail
products (3.7%), electrical parts and equipment (14%) and scientific and precision
instruments (6.7%)
37. TARIFF ELIMINATION:
EU INDUSTRIAL GOODS
• Automobiles
– Duty of 6.1% to be phased out over 7 years
• Vehicles (except for transport of people)
– Includes: motorcycles, bicycles, tractors, recreational vehicles
and parts and accessories
– Duty free (current duty up to 20%)
• Chemicals and Plastics:
– Duty free (current duty up to 6.5%)
37
38. TARIFF ELIMINATION AGRICULTURAL GOODS
• 94% agricultural tariffs eliminated immediately subject to notable
exclusions for poultry and eggs
• EU Exemptions:
– No duty reductions or additional access for chicken, turkey, eggs, egg products
– TRQ for Canadian beef, veal pork, canned sweetcorn
• Canadian Exemptions:
– No duty reductions or additional access for chicken, turkey, eggs, egg products
– Additional Canadian quota for cheese, and certain dairy ingredients
• Quid pro quo for additional access for Canadian beef
• TRQs administered by Global Affairs
• Good idea to apply for additional quota now if haven't already
38
39. RULES OF ORIGIN
• What does it mean to “originate”?
• Product is wholly obtained within meaning of Annex 4
• A product that is not wholly obtained in the territory
originates if it meets the product specific rule of origin in
Annex 5
• Tariff shift and regional content requirements
– Not the same as NAFTA
• Process specific requirements
• Net weight requirements
39
40. RULES OF ORIGIN APPAREL
EXAMPLES
• Rules are process driven
• 62.01: Men's or boys' overcoats, car-coats, capes, cloaks, anoraks
(including ski-jackets), wind-cheaters, wind-jackets and similar articles,
other than those of heading no. 62.03
• 62.05: Men's or boys' shirts
• Product specific rule for sufficient production for 62.01 and 62.05:
– Weaving accompanied by making-up (including cutting); or
– Making-up preceded by printing, accompanied by at least two preparatory or finishing
operations (such as scouring, bleaching, mercerising, heat setting, raising, calendering,
shrink resistance processing, permanent finishing, decatising, impregnating, mending
and burling), provided that the value of the unprinted fabric used does not exceed 47.5
per cent of the transaction value or ex-works price of the product.
40
41. RULES OF ORIGIN APPAREL
EXAMPLES
• 62.06: Women's or girls' blouses, shirts and shirt-blouses
• 62.11: Track suits, ski suits and swimwear; other garments (women's or
girls‘ clothing)
• Product specific rule for sufficient production for 62.06 and 62.11:
– Weaving accompanied by making-up (including cutting); or
– Production from unembroidered fabric, provided that the value of the unembroidered
fabric used does not exceed 40 per cent of the transaction value or ex-works price of the
product.
41
42. TARIFF RATE QUOTAS
• Import mechanism whereby a set quantity of a specific
product may be imported at a low or zero rate of duty
• Some TRQs are transitional, others are permanent
• Agriculture and Food Examples (in metric tonnes)
– Canada
• Cheese (Year 1: 2,667; Year 6 and beyond: 16,000)
• Wheat (Year 1 to 7: 100,000)
– EU
• Beef (Year 1: 5,140; Year 6 and beyond: 30,840)
• Pork (Year 1: 12,500; Year 6 and beyond: 75,000)
42
43. ORIGIN QUOTAS
• What are they?
– For products with a higher proportion of imported inputs
• Expressed as volumes classified by product category
• Certain goods will qualify for relaxed origin quotas provided
“sufficient production”
– High-sugar products
– Chocolate and confectionary
– Certain Processed Goods
– Pet Food
– Automobiles
– Fish and seafood products
– Textiles and apparel – (both ways)
43
44. ORIGIN QUOTAS
• Agricultural Products – articles containing high sugar (Table A.1 of Annex 5 of the Protocol on
rules of origin and origin procedures)
• Agricultural Products – Sugar Confectionery and Chocolate Preparations (Table A.2 of Annex
5 of the Protocol on rules of origin and origin procedures)
• Agricultural Products – Processed Foods (Table A.3 of Annex 5 of the Protocol on rules of
origin and origin procedures)
• Agricultural Products – Dog and Cat Food (Table A.4 of Annex 5 of the Protocol on rules of
origin and origin procedures)
• Fish and Seafood (Table B.1 of Annex 5 of the Protocol on rules of origin and origin
procedures)
• Textiles (Table C.1 of Annex 5 of the Protocol on rules of origin and origin procedures)
• Apparel (Table C.2 of Annex 5 of the Protocol on rules of origin and origin procedures)
• Vehicles (Table D.1 of Annex 5 of the Protocol on rules of origin and origin procedures)
44
45. TEXTILES AND APPAREL
ORIGIN QUOTAS (CANADA/EU)
• Limited, reciprocal origin quotas for textiles and apparel
• Tables C.1, C.2, C.3 and C.4 of Annex 5 of the Protocol set out
the origin quotas
• Origin quotas for textiles and apparel will be increased as
needed
• Canada into the EU (in metric tonnes)
– Men’s coats: 10,000; Women’s coats: 17,000
– T-shirts: 181,000 to 342,000
• EU into Canada (in metric tonnes)
– Women’s coats: 15,000
– T-shirts: 722,000
45
46. ADDITIONAL ORIGIN QUOTAS
(CANADA INTO THE EU ONLY)
• Confectionary (in metric tonnes)
– Sugar confectionary (without cocoa): 10,000
– Cocoa: 30,000
– Coffee-/Tea-based: 30,000
– Chocolate: 10,000
– Pastries/Certain Cereals: 35,000
• Vehicles
– 100,000 units
46
47. TECHNICAL BARRIERS TO TRADE
• Framework for acceptance of each parties technical
regulations as equivalent to their own
– need only meet one set of requirements for goods sold in both
markets
• Recognized Canadian and EU testing and certification bodies
to accept each other’s results and certifications
– need only go through one testing/certification procedure to be
accepted in both markets
47
48. GOVERNMENT PROCUREMENT
• Generally covers all goods and services with enumerated
exceptions
• EU procurement market is estimated to be over $3 trillion
annually
• Coverage much broader than NAFTA and in fact
unprecedented
– reaches into sub-federal procurement areas
• Double edge sword
– Canadian companies have enhanced access to EU procurement
opportunities but will also face enhanced competition in the
previously protected sub federal market in Canada
48
50. COVERED ENTITIES
• Devil in Detail – lots of exclusions and
inclusions – in unless out
• Canada
– Federal and Sub-federal
– “MASH” Sector
– 75-80% of all procurement by Utilities
• EU
– Federal and Nation States
50
51. 51
MARKET ACCESS SCHEDULE OF CANADA
Entities Goods Services Construction Services
Annex 19-1 (Central
Government Entities)
130,000 SDR*
($200,900)**
130,000 SDR
($200,900)
5M SDR
($7.7M)
Annex 19-2 (Sub-Central
Government Entities)
Including MASH
200,000 SDR
($309,100)
200,000 SDR
($309,100)
5M SDR
($7.7M)
Annex 19-3 (Other
Government Entities)
Section A (Arms-Length
Entities and Crown
Corporations)
355,000 SDR
($548,700)
355,000 SDR
($548,700)
5M SDR
($7.7M)
Section B (Infrastructure
and Utilities)
400,000 SDR
($618,200)
400,000 SDR
($618,200)
5M SDR
($7.7M)
*Special Drawing Rights: an international type of monetary reserve currency, created by the IMF.
**Canadian
52. 52
MARKET ACCESS SCHEDULE OF THE EU
Entities Goods Services Construction Services
Annex 19-1 (Central Government Entities) 130,000 SDR
($200,900)
130,000 SDR
($200,900)
5M SDR
($7.7M)
Annex 19-2 (Sub-Central Government Entities)
Section A (Regional or local contracting authorities)
200,000 SDR
($309,100)
200,000 SDR
($309,100)
5M SDR
($7.7M)
Section B Contracting authorities which are public bodies
governed by the EU Procurement Directive)
For hospitals, schools, universities, and entities providing
social services (housing, social insurance, day care)
200,000 SDR
($309,100)
200,000 SDR
($309,100)
5M SDR
($7.7M)
For other 355,000 SDR
($548,700)
355,000 SDR
($548,700)
5M SDR
($7.7M)
Annex 19-3 (Utilities) 400,000 SDR
($618,200)
400,000 SDR
($618,200)
5M SDR
($7.7M)
53. PROCUREMENT RULES
• Based on WTO Revised GPA
• Non-discrimination
• Tendering Procedure Rules
• Substantive Rules
53
54. REVIEW PROCEDURES
• Each Party to have a bid review mechanism
• For Canada federal - CITT
• Time limits
• Interlocutory Powers – stop procurement
orders
• Remedies
54
55. BEST PRACTICES
• Identify the applicable Agreement and
understand the rules
• Understand your remedies
• Promote in EU
– Take advantage of new opportunities
• But protect your interests at home
55
56. TRADE IN SERVICES
• Trade in Services are affected by a number of
chapters, including:
– Services (chapter 9)
– Temporary entry (chapter 10)
– Mutual recognition of professional qualifications
(chapter 11)
– Domestic regulations (chapter 12)
– Financial Services (chapter 13)
– Telecommunications (chapter 15)
56
57. TRADE IN SERVICES
• Big 3: National Treatment, Most Favoured Nation
Treatment, Market Access
• The aim is to facilitate business
• Covers services provided remotely (from Canada or the
EU) and a commercial presence
– Does not include services supplied by a person of the other
Party
57
58. TRADE IN SERVICES:
COMMITMENTS
• Temporary entry
• Domestic rules
• Mutual recognition of professional qualifications
• Exclusions: all sectors included unless explicitly
reserved or excluded
– EU: Government Services, Audio visual, Air transport
– Canada: Government Services, Cultural Industry, Air
transport
58
59. LABOUR MOBILITY
• Free Movement?
• Aimed to promote business agendas
• Designed to facilitate temporary entry and stay of
– key personnel
– contractual service suppliers
– independent professionals
– short-term business visitors
• Business visitors do not require a work permit
• Does not prevent Canada from applying differential visa
requirements between EU countries
59
60. CONTRACTUAL SERVICES SUPPLIERS (CSS) &
INDEPENDENT PROFESSIONALS (IP)
• Must be engaged in supply of a service on temporary basis for
contract not exceeding 12 months
• Must have been an employee with same enterprise at least 1
year prior to application (CSS only)
• Must have 3 (CSS) / 6 (IP) years of professional experience
• Must possess proper educational and professional
qualifications
• Must not receive remuneration during their stay from anyone
besides employing enterprise (CSS only)
60
61. HOW LONG CAN THEY STAY?
• Permissible length of stay for key personnel:
– Intra-corporate transferees (specialists and senior personnel):
lesser of 3 years or length of contract, with possible 18 month
extension
– Intra-corporate transferees (graduate trainees): lesser of 1 year
or length of contract
– Investors: 1 year, with possible unlimited extension
– Business visitors for investment purposes: 90 days within any 6
month period
61
64. CONCLUSIONS
• Fluid
– NAFTA/CETA
• Monitor both
• Understand Agreement and where it fits in
spaghetti bowl
• Understand where opportunities lie
• Protect and promote your interests
– At home and abroad
64