Proposed amendments to Canada’s general preferential tariff
Sep 11, 2013
The Government of Canada is intending to withdraw GPT eligibility from 72…
The Government of Canada is intending to withdraw GPT eligibility from 72 countries, effective July 1, 2014.
Some of the more significant GPT countries of interest include; China, Hong Kong, India and South Korea.
What is the General Preferential Tariff?
In the early 1970s, the United Nations Conference on Trade and Development recommended that developed economies grant autonomous and non-reciprocal tariff preferences to imports from developing countries under a Generalized System of Preferences (GSP) in an effort to promote the industrialization of developing countries.
Canada’s program, the General Preferential Tariff (GPT), was implemented in 1974 and is legislated in the Customs Tariff on a 10-year cycle. Most developed economies, including the United States, the European Union and Japan, also have GSP schemes for developing countries.
Why do we provide unilateral tariff preferences to developing countries?
The GPT was put in place with the policy intent of encouraging imports from developing countries to increase their export earnings and promote their economic growth.
Canada also provides duty-free access to imports from 49 least developed countries under the Least Developed Country Tariff (LDCT). This review does not contemplate changes to the LDCT.
http://www.canadagazette.gc.ca/rp-pr/p1/2012/2012-12-22/html/notice-avis-eng.html#d109
Deprecated: Function wp_make_content_images_responsive is
deprecated since version 5.5.0! Use wp_filter_content_tags() instead. in
/var/www/vhosts/alphalogistiques.com/httpdocs/wp-includes/functions.php on line
5384
What's happening?
Alpha Logistiques keeps you informed about the latest news in the industry.
View all our articles
Onion Pilot Project for Canadian Exporters of Onions to the USA
Mar 10, 2022
Please be advised that a new pilot project for exports of onions to the United States is now available. “Operational procedure: Onion Pilot Project for Canadian Partners in Quality Preventive Control Inspection.” This procedure provides industry participants with the option to participate in the existing Canadian Partners in Quality (C-PIQ) Program. Industry can self-issue their […]
Read more
CARM Phase 3 (Release 2) Implementation – January 2023
Mar 10, 2022
The CARM Portal (CPP) has now been divided into three (3) phases instead of the original two phases. May 1, 2022 was the original deadline set by CBSA for importers to have in place the RPP Bonds (Annual Surety Bonds). CBSA has moved the new deadline to January 2023 and renamed that new date Phase […]
Read more
Implementation of the Canada-United Kingdom Trade Continuity Agreement
Apr 14, 2021
On January 1, 2021, the United Kingdom (U.K.) departed the European Union (EU) Single Market, thus losing the preferential terms of trade that have been applied under the Canada-EU Comprehensive Economic and Trade Agreement (CETA) since September 21, 2017. As of April 1st, 2021 Canada and the U.K. have agreed to a transitional trade agreement […]
Read more