EXPORT ESSENTIALS CETA: Benefit from Canadas Free Trade Agreement - - PowerPoint PPT Presentation

▶
export essentials
SMART_READER_LITE
LIVE PREVIEW

EXPORT ESSENTIALS CETA: Benefit from Canadas Free Trade Agreement - - PowerPoint PPT Presentation

Oct 10, 2022 148 likes •466 views

EXPORT ESSENTIALS CETA: Benefit from Canadas Free Trade Agreement with the EU Presented by: Allison Boulton Export Navigator Program Manager June 28, 2017 Agenda Introduction, Agenda & Goals 10 minutes Getting to Know You 10 minutes

slide-1
SLIDE 1

EXPORT ESSENTIALS

CETA: Benefit from Canada’s Free Trade Agreement with the EU

Presented by: Allison Boulton Export Navigator Program Manager June 28, 2017

slide-2
SLIDE 2

Introduction, Agenda & Goals 10 minutes Getting to Know You 10 minutes

  • 1. Free Trade Agreements & CETA: Export Navigator

20 minutes

  • 2. CETA Overview: Global Affairs Canada (GAC)

20 minutes

  • 3. CETA Sector Highlights: Ministry of International Trade (MIT) 20 minutes

Final Thoughts/Q&A 10 minutes

2

Agenda

slide-3
SLIDE 3

3

At the end of the webinar, participants will: 1. Understand the key terms of CETA 2. Learn how and when the agreement will come into force 3. Learn how to access the opportunities CETA provides

Goals

slide-4
SLIDE 4

4

Introduce Yourself:

  • 1. Your name
  • 2. What B.C. community are you from?
  • 3. What product or service are you looking to export to the EU?

Activity – Getting to Know You

slide-5
SLIDE 5

5

  • Goal is to open markets for consumers and businesses in both

countries and increase trade by reducing barriers

  • Covers most trade in products and services between countries

– Includes intellectual property and investment

  • EPA (Economic Partnership Agreement) and FTA mean the same thing

Free Trade Agreements (FTA’s)

Source: http://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/agreements_type-type_accords.aspx?lang=eng

slide-6
SLIDE 6

6

Q: What FTA’s are you familiar with?

Agreements Around the World

Source: https://edc.trade/market-diversification-

  • pportunities/?campaign=829719357&device=c&keyword=%20canada%20%20free%20%20trade%20%20agreements&adposition=1t1&creative=1968661

20171&gclid=CLyStJngu9QCFYFnfgodrDkJTQ&utm_referrer=https://www.google.ca/

slide-7
SLIDE 7

7

Agreements Around the World

  • Interactive Tool – Find agreements by Country

Source: https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/index.aspx?lang=eng

slide-8
SLIDE 8

8

  • CETA: Canada and European Union (EU) Comprehensive Economic and

Trade Agreement

  • The EU is the world’s second largest economy and Canada’s second

largest trading partner after the United States

  • Will open new markets in the EU for our exporters
  • Addresses everything from tariffs to product standards, investment,

professional certification and many others

What is CETA?

Source: http://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/overview-apercu.aspx?lang=eng

slide-9
SLIDE 9

9

How CETA is different ?

Source: http://www.edc.ca/EN/Knowledge-Centre/infographics/Pages/ceta-infographic.aspx

slide-10
SLIDE 10

10

  • CETA’s most visible benefit is the elimination of tariffs (duties)

– Tariffs are essentially taxes levied at the border that have the effect of increasing the costs to consumers of imported goods.

  • Tariffs subject to a phasing out: some fish and seafood products, grains,

and passenger vehicles

  • Once CETA is fully implemented* (seven years after entry into force)

approximately 99 percent of the EU’s tariff lines will be duty-free

*full implementation is after all Member States ratify CETA

Tariffs

Source: http://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/overview-apercu.aspx?lang=eng

slide-11
SLIDE 11

11

CETA includes commitments that aim to:

  • Simplify and, where possible, automate border procedures
  • Respect the privacy of company information collected for customs

purposes

  • Provide an impartial and transparent system for addressing complaints

about customs rulings and decisions

CETA’s commitments

Source: http://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/overview-apercu.aspx?lang=eng

slide-12
SLIDE 12

12

  • Country of Origin - where are the inputs sourced from?
  • Proof of Origin – prove item was made or has “sufficient production”

in Canada (or EU) so will qualify for CETA tariff preferences

  • The Single Administrative Document (SAD) is the common import

declaration form for all EU countries and is usually completed by the importer or their agent.

  • Additional documents must also be presented to customs authorities:

– commercial invoices – transport documents (bills of lading), – import licences – inspection certificates (such as health, veterinary or plant-health certificates)

Documents

slide-13
SLIDE 13

13

Trade Shows

AGRICULTURE AND PROCESSED FOODS Cologne, Germany October 7-11, 2017 >

Canada will have a pavilion at Anuga, a trade fair for the food and beverage industry. The event will feature a range of food, drinks and organic products, as well as innovations in equipment and technology for the food service and catering market. The Canadian Trade Commissioner Service (TCS) can provide on-the-ground assistance and advice on business development in the

  • region. TCS website.

Contact: Nora Gruetters, Canadian Trade Commissioner Service in Germany.

Source: http://tradecommissioner.gc.ca/events-evenements/international.aspx?lang=eng

AUTOMOTIVE Stuttgart, Germany October 9-11, 2017 >

Canada will have a pavilion at two co-located international trade shows: EVS30 featuring an e-mobility, infrastructure and integrative transportation showcase, and f-cell and BATTERY+STORAGE focussing on areas such as electricity, transport and fuel cell technologies. The Canadian Trade Commissioner Service (TCS) can provide

  • n-the-ground assistance and

advice on business development in the region. TCS website. Contact: Fanny Bousquet, Canadian Trade Commissioner Service in Germany.

DEFENCE AND SECURITY Kielce, Poland September 5-8, 2017 >

The Canadian Trade Commissioner Service (TCS) will have a booth at MSPO Kielce 2017, an international trade show for the defence industry. Canadian companies will have

  • pportunities to attend

business-to-business meetings, gain market insight, and learn about industry trends. The TCS can provide advice on business development in

  • Poland. TCS website.

Contact: Marie-Pier Brunelle, Canadian Trade Commissioner Service in Poland.

A great way to exhibit your product or service:

slide-14
SLIDE 14

Canada-European Union Comprehensive Economic & Trade Agreement

Overview

.

slide-15
SLIDE 15

The EU is Canada’s 2nd largest trade and investment partner

10 20 30 40 50 60 70 80 90 100

Merchandise Services

Canada-EU Bilateral Trade, 2015

15

25 50 75 100 125 150 175 200 225 250

CDIA FDI

Canada-EU Bilateral Investment, 2015 (Known Stock)

Source: CETA Secretariat, DFATD Data: Statistics Canada $ Billions $ Billions

IM EX IM

Source: CETA Secretariat, DFATD Data: Statistics Canada

EX

slide-16
SLIDE 16

Creating a Strategic Advantage for Canada

16

The EU is the world’s second largest integrated economy, with more than 500 million consumers and a $21 trillion GDP.

Source: CETA Secretariat, GAC Data: IMF, WEO * Excludes Canada ** Includes the UK

EU** 23%

NAFTA* 27% ROW 51%

World GDP*, 2015

slide-17
SLIDE 17

Setting New Standards

slide-18
SLIDE 18

Clear and favourable rules of origin:

Trade in Goods

  • Comprehensive tariff elimination across all sectors
  • 98% of all EU tariff lines eliminated on day one of CETA’s entry into force
  • Duty-free access across 99% of all tariff lines once fully implemented
  • Reflects the real-world sourcing patterns of Canadian and EU companies while

encouraging production to take place in Canada or the EU

  • Advance rulings on the origin and tariff classification of products
  • Automated border procedures will be implemented where possible

Customs and trade facilitation: Ambitious tariff elimination:

slide-19
SLIDE 19

Non-Tariff Barriers & Regulatory Cooperation

facilitating recognition of equivalency in technical regulations to reduce manufacturing costs for exports; establishing a protocol on conformity assessment that will allow Canadian companies to have their products tested and certified for the EU market in Canada; encouraging Canadian and EU standard-setting bodies to cooperate on joint initiatives; and creating mechanisms where trade irritants can be discussed with the goal of speedy resolution.

CETA seeks to reduce the trade distorting impact

  • f non-tariff

barriers by:

slide-20
SLIDE 20

Government Procurement

Entity / Procurement Type Goods Services Construction Services EU-level institutions / Member State government entities * Improved Access Improved Access Improved Access Regional government entities ** Improved Access Improved Access Improved Access Local government entities and bodies governed by public law New Access New Access New Access Utilities New Access New Access New Access Procurement funded by EU cohesion funds at local government level New Access New Access New Access

* Removal of reciprocity notes ** Lowering of thresholds

CETA is expected to open doors to the EU’s $3.3 trillion government procurement market:

slide-21
SLIDE 21

Trade in Services

CETA commitments on trade in services is forward-looking. These provisions mean Canada’s access will continually improve over time and will not backslide:

All service sectors are subject to CETA

  • bligations unless

explicitly listed as reservations in the Annexes. Negative List Approach: Future regulatory or legal changes that make it easier for Canadian service suppliers to access the EU market are automatically locked in under CETA. If the EU offers better treatment to another country under an FTA, Canada would automatically receive the same treatment. Ratchet Mechanism: MFN Treatment: Canadian service providers in sectors covered by CETA will be treated the same way as service providers from the EU. National Treatment:

slide-22
SLIDE 22

Temporary Entry

CETA provides greater certainty and predictability for Canadian service providers

  • CETA’s temporary entry provisions facilitate

trade by improving labour mobility for a wide range of business persons and business activities.

  • CETA establishes a framework for the mutual

recognition of professional qualifications as well as a Chapter on domestic regulation.

  • CETA does not impact permanent employment
  • r migration.
slide-23
SLIDE 23

Investment

  • Canadian and EU investors will benefit from the predictable investment climate

established under CETA, which includes:

  • treatment no less favourable than that granted to their domestic

counterparts or any other investor from a third country

  • investor protections related to treatment of investors/covered investments,

expropriation and transfers; and

  • a recourse for breaches of investment protections
  • Furthermore, the net benefit review threshold under the Investment Canada Act

will be raised to $1.5 billion for EU investments following CETA’s entry into force.

  • Access to the EU market, along with existing access to the U.S. market, is

expected to attract new volumes of investment to Canada.

slide-24
SLIDE 24

24

CETA Sector Highlights

  • Clean-tech
  • Fish and Seafood
  • Forestry
slide-25
SLIDE 25

25

CETA provisions for the clean-tech sector

  • EU market opportunities
  • Tariffs on Canadian clean-tech products will be eliminated (between 2-6 per

cent)

  • Labour Mobility
  • Government Procurement
  • Regulatory Cooperation and Conformity Assessment
slide-26
SLIDE 26

26

CETA provisions for the fish and seafood sector

  • EU market opportunities
  • Tariffs on Canadian fish and seafood products will be eliminated (average
  • f 11%, up to 25%)
  • Rules of Origin
  • Investment
  • Sanitary and Phytosanitary Committee
slide-27
SLIDE 27

27

CETA provisions for the forestry sector

  • EU market opportunities
  • Current EU tariffs for forest products range from 2% to 10%, all will be

eliminated

  • Bilateral Dialogue on Forest Products
  • Trade in Services
  • Regulatory Cooperation and Conformity Assessment
  • Government Procurement
slide-28
SLIDE 28

28

QUESTIONS?

Thank you for your participation!

slide-29
SLIDE 29

29

A Learning Series to Grow Your Sales Beyond B.C. Tues, July 18 (9:00 to 10:30) Preparing for International Travel & Tradeshows Thurs, September 14 (1:00 to 2:30) The New Canadian Free Trade Agreement – How to Trade with

  • ther Provinces

Tues, September 26 (9:00 to 10:30) Smart Global Money - Currencies, Credit, & Cash *June 15th: Introduction to the Export Process – recording available by request!

Export Essentials

slide-30
SLIDE 30

30

Allison Boulton Program Manager, Export Navigator Email: Boulton.Allison@smallbusinessbc.ca Web: http://www.britishcolumbia.ca/export/export-navigator/

For More Information Contact:

slide-31
SLIDE 31

31

USEFUL LINKS:

  • Free Trade Agreements (FTA’s): http://international.gc.ca/trade-commerce/trade-agreements-accords-

commerciaux/agr-acc/agreements_type-type_accords.aspx?lang=eng

  • Map of FTA’s: https://edc.trade/market-diversification-
  • pportunities/?campaign=829719357&device=c&keyword=%20canada%20%20free%20%20trade%20%20agreem

ents&adposition=1t1&creative=196866120171&gclid=CLyStJngu9QCFYFnfgodrDkJTQ&utm_referrer=https://www. google.ca/

  • Interactive Tool to find Agreements: https://www.international.gc.ca/trade-commerce/trade-agreements-

accords-commerciaux/agr-acc/index.aspx?lang=eng

  • CETA: http://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-

aecg/overview-apercu.aspx?lang=eng

  • Exporting to the EU: A guide for Canadian business: http://tradecommissioner.gc.ca/european-union-

europeenne/market-facts-faits-sur-le-marche/0000256.aspx?lang=eng

  • Documents for Customs:

http://exporthelp.europa.eu/thdapp/display.htm?page=rt%2frt_DocumentsForCustomsClearance.html&docType= main&languageId=en

  • Trade Events: http://tradecommissioner.gc.ca/events-evenements/international.aspx?lang=eng,

http://www.agr.gc.ca/eng/industry-markets-and-trade/agriculture-and-food-trade-show- service/?id=1410072148325