EU-Canada Agreement Is An Opportunity For Duty Savings
Laura Siegel RabinowitzJune 12, 2017, 2:00 PM EDT
Law360, New York (June 12, 2017, 2:00 PM EDT) -- The much anticipated free trade agreement between the European Union and Canada going into effect this summer is a terrific opportunity for global companies to take advantage of duty savings. The Comprehensive Economic and Trade Agreement (“CETA”) expands market access for the EU and Canada through comprehensive tariff elimination across all sectors of the economy.
Under CETA, Canada and the EU have committed to eliminate or reduce tariffs on goods imported from the other party, provided they qualify under the CETA rules of origin. Tariffs on...