Did you know that you can save money on your international shipments to and from Canada? The Comprehensive Economic and Trade Agreement (CETA) is a free trade agreement between the EU and Canada that aims to boost trade and help create growth and jobs. It eliminates about 98% of all import duties on goods originating in the EU or Canada, making it easier and cheaper to import and export. All it takes is a simple explanation that is added to the commercial invoice. It has been in force since September 2017 and aims to save European exporters around €590 million in tariffs per year alone.1 Bilateral trade and trade with the EU as a whole have increased in recent years. From the federal government`s perspective, this is due in part to CETA, the Canada-EU Comprehensive Economic and Trade Agreement, which has been provisionally applied since September 21, 2017. As the most populous country in the EU, Germany is a strong market for consumer goods. Important subsectors include clothing and fashion, sporting goods and accessories, natural food supplements and cosmetics, toys and games, and gift items. Canadian companies regularly exhibit at major trade shows, such as: The Czech Republic, Romania and Bulgaria had stated that they would not approve the agreement, which cancelled the entire agreement until the visa requirement for their citizens entering Canada was lifted. [45] All other EU countries have already had visa-free travel to Canada. The visa requirement for the Czech Republic was lifted on 14 November 2013.

[46] [47] [48] Following Canada`s written commitment to lift the visa requirement for Bulgarian and Romanian nationals visiting Canada for business and tourism purposes by the end of 2017[49][50], Canada lifted the visa requirement for Bulgarian and Romanian nationals on December 1, 2017. [51] [52] NOTE: The trade agreement applies to tariffs, not taxes. All applicable GST/HST for imports into Canada and VAT for imports into the EU have not yet been paid. Canada and Germany have a strong and diverse business relationship that includes trade, investment, science and technology. The Library of Parliament`s Trade and Investment series provides information on Canada`s trade and investment relations with the world and with selected countries. It also describes the trade relations of each of Canada`s 10 provinces and three territories with the world. It also represents Canada`s merchandise trade relations with each of the 50 U.S. states. Initially, it was unclear whether EU member states should ratify the agreement or not, as the European Commission considered the treaty only to be the EU`s competence. [57] However, in July 2016, it was decided that CETA should be classified as a “mixed agreement” and should therefore also be ratified through national procedures.

[58] Get help with export tips and advice to help you achieve your international business goals. For more information about trading and investment opportunities in Germany, please contact the trading team in Germany: deutschland.commerce@international.gc.ca. However, support has decreased compared to the 2014 survey. [20] In contrast, the February 2017 North American Free Trade Agreement (NAFTA) has an approval rating of 44% among Canadians. [21] Unlike Canada, the agreement has sparked protests in a number of European countries. Canada and Germany share a close and friendly partnership, which is reflected in our active cooperation on the international stage and in our healthy economic and investment relations…..