NAFTA – the North American Free Trade Agreement – came into effect on January 1, 1994, building upon the Canada-U.S. free-trade deal of 1988 and creating the largest free-trade area in the world.
NAFTA – the North American Free Trade agreement – is in flux. We’ve published a few blogs on the shifting landscape of this agreement, most recently:
CETA, the Comprehensive Economic and Trade Agreement, is an agreement between Canada and European Union member states (see the list of countries in our CETA blog from last fall) and is on the verge of being a reality.
Foreign trade zones (FTZ) are designated regions within a country where trade barriers such as tariffs are reduced or eliminated, and bureaucratic requirements are lowered for the purpose of attracting foreign investments and international business.
When you are focussed on the day-to-day operations of your business, the laws that underlie that business may not be front of mind. But, as you can probably appreciate, the legal aspect of international trade is not something you can afford to neglect.
Canadian importers and exporters can now count Ukraine among the nations with which they can engage in duty-free trade.
Does it frustrate you when you receive an incomplete NAFTA certificate from your supplier?
Do you often wish there was an easier way to check if your NAFTA certificates are valid?
What’s going on?
U.S. President Donald Trump has released a draft letter to Congress outlining the administration’s goals for a revamped North American Free Trade Agreement (NAFTA).
Trump has been talking about renegotiating the decades-old agreement since his pre-election campaigning days. Then – as now – the particulars of the changes he’s after are unclear, but this letter gives the most detail to date as to what a renegotiated NAFTA may encompass.
October 30, 2016, marked an auspicious day for the future of trade between Canada and the European Union (EU). That day, leaders on both sides signed the Comprehensive Economic and Trade Agreement (CETA).
A certificate of origin is a legal document that certifies a shipment’s country of origin. In the context of free trade agreements (FTAs), certificates of origin are required in order to qualify for a reduced duty rate. The rules around certificates of origin and associated duty relief are specific to each FTA.