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Canada’s trade performance under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after three years: Has the CPTPP delivered on its promise?
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a mega regional trade agreement that involves 11 countries spanning the entire the Asia-Pacific region, including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Canada is among the first six countries to have ratified the CPTPP on December 30, 2018, along with Australia, Japan, Mexico, New Zealand and Singapore. The Agreement was later ratified by Vietnam on January 14, 2019, and most recently by Peru on September 19, 2021.
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Economic impact of the Canada–Peru Free Trade Agreement, 15th anniversary
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The year 2024 marks the 15th anniversary of the implementation of the Canada-Peru Free Trade Agreement (CPFTA), which officially came into force on August 1, 2009. The agreement was a significant milestone for both Canada and Peru. For Canada, it reinforced its commitment to expanding trade within South America, building on the strategy to enhance Canada's competitiveness through trade liberalization initiatives and bilateral agreements. For Peru, the CPFTA was a crucial step toward deeper integration into the global economy and marked the beginning of a series of subsequent free trade agreements with other developed economies.
The growth of supply chain trade within the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
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This report examines the development of supply chain trade following the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP or the Agreement). This was required under the CPTPP Competitiveness and Business Facilitation Chapter (Article 22.3.5): “the Committee shall commence a review of the extent to which this Agreement has facilitated the development, strengthening and operation of supply chains in the free trade area during the fourth year after the date of entry into force of this Agreement”.
한국무역정보통신 - 포괄적-점진적 환태평양경제동반자협정(CPTPP) FTA 판정룰
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포괄적-점진적 환태평양경제동반자협정(CPTPP) FTA HS코드(2.4.6단위) 별 판정룰 - 기본룰, 예외룰 설명
Canada’s Merchandise Trade Performance with the EU after the Entry into Force of CETA
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On September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), Canada’s most ambitious trade agreement since the North American Free Trade Agreement (NAFTA), provisionally entered into force. The 27 European Union members and the United Kingdom (referred as the EU hereafter), as a group, represent Canada’s second largest merchandise trading partner after the United States. In 2019, the EU accounted for over 8 percent of Canada’s merchandise exports and nearly 13 percent of Canada’s merchandise imports. This report aims to present Canada’s merchandise trade performance in the two years since the implementation of CETA. It provides historical comparisons of trade performances before and after CETA and comparisons between the products that directly benefit from CETA concessions (affected products) and products that were already duty-free, and for a limited number of agricultural products that were exempted from concessions (non-affected products). However, this presentation of post-CETA trade performance should not be considered a causal effect of CETA. Given the short time series of trade data available since CETA was implemented, the analysis does not use advanced econometric techniques to establish causality and to control for macroeconomic fluctuations and other industry- and product-specific factors that also influence post-CETA bilateral trade flows. A more sophisticated analysis would be undertaken to isolate CETA’s effect when a longer time series becomes available. The analysis is presented in three parts: 1) Canada-EU trade performance based on Statistics Canada’s trade data; 2) Canada-EU trade performance based on respective import statistics from Statistics Canada and Eurostat, which allows for splitting trade according to tariff concessions under CETA; and 3) the utilization of CETA preferences.
CETA@5: Delivering trade benefits during unprecedented times
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As a group, the 27 European Union members (referred to as the EU hereafter), represent Canada’s third largest merchandise trading partner after the United States and China. In 2021, the EU accounted for 4.8 percent of Canada’s merchandise exports (the 2nd most important destination for Canadian merchandise exports) and 11.0 percent of Canada’s merchandise imports (the 3rd largest source).
Canada Gazette: Comprehensive and Progressive Agreement for Trans-Pacific Partnership
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The Canada Gazette is the official newspaper of the Government of Canada. Learn about new statutes, new and proposed regulations, administrative board decisions and public notices. To enhance transparency and accessibility, Global Affairs Canada (GAC) has proactively published relevant content to the Open Government Portal, making these records easier to find, search, and reuse by the public, researchers, and civil society. Please note, any releases after 2024-11-04 have not been published. For official records or any inquiries related to these notices, please consult the Canada Gazette website - https://gazette.gc.ca/ Comprehensive and Progressive Agreement for Trans-Pacific Partnership Canadian Statement on Implementation
산업통상자원부 주요국가별 RTA현황
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주요국가별 RTA 현황에 대한 누적 집계로 RTA의 체결 및 검토 건수를 파악할 수 있는 지표, 지역무역협정 체결현황_영문판(자유무역협정명, 범위, 종류, 통지일자 등)
Canada-UK Trade Continuity Agreement (Canada-UK TCA) - Economic Impact Assessment
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This study will analyse the potential economic impact of a lack of the Trade Continuity Agreement between Canada and the United Kingdom when the United Kingdom would no longer be a legal party to Canada-EU treaties, including CETA as of January 1, 2021. In the absence of a transitional agreement or a trade agreement between Canada and the United Kingdom, bilateral trade between the two countries would be governed by WTO rules alone, and the goods trade between Canada and the United Kingdom would be subject to WTO most-favoured nation (MFN) duties. Neither Canada nor the United Kingdom would continue to benefit from the preferential market access currently provided for under CETA. In May 2020, the United Kingdom announced the applied MFN tariff schedule referred to as the UK Global Tariff (UKGT), which would take effect after the post-Brexit transition period. The United Kingdom’s bound tariff rates—the highest tariffs that the United Kingdom could apply—have not yet been certified at the WTO. The proposed bound tariffs are almost identical to the EU’s Common External Tariffs (CET). The analysis that follows explores the economic implications of the two scenarios where Canada-U.K. trade reverts to MFN conditions: the U.K. applied tariffs (UKGT) and the U.K. bound tariffs (EU CET). The benefits from increased certainty for the services sectors under CETA would also be removed.
CETA Three Years on an Overview of Canada-EU Trade Performance
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The Canada-European Union (EU) Comprehensive Economic and Trade Agreement (CETA or Agreement) is a comprehensive agreement that covers virtually all sectors and aspects of Canada-EU trade. The Agreement provisionally entered into force on September 21, 2017, and has eliminated or reduced barriers to trade, established and strengthened the trade rules that govern bilateral trade. This report reviews the two partners’ trade performance three years after CETA provisionally came into effect. In particular, it compares trade performance in year 2016 (pre-CETA provisional application) with year 2019 (post-CETA provisional application and pre-COVID 19 pandemic). Where available, 2020 trade data has been included to provide a complete overview.