EU EXPORTERS TO CANADA, ARE YOU READY FOR CETA? Once in force, Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada will offer firms more business opportunities in Canada and support job creation in Europe. Attention! To benefit from preferential tariff treatment under CETA, you will have to complete these few simple steps:
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EU-Canada Trade
In 2015 Canada was the EU's 12th most important trading partner, accounting for 1.8% of the EU's total external trade. The EU was Canada's second most important trading partner, after the U.S., with around 9.5% of Canada's total external trade in goods in 2015.
EU-Canada Customs Cooperation
EU-Canada customs cooperation is based on the Agreement on customs cooperation and mutual assistance in customs matters which was signed in Ottawa on 14 December 1997 and entered into force on 1 January 1998.
The agreement provides the legal framework for customs cooperation and mutual assistance and established the Joint Customs Co-operation Committee (JCCC), consisting of representatives of the parties' customs authorities and representatives from the European Commission.
Supply Chain Security Agreement
In 2013, the Customs Cooperation with Canada was expanded by way of a new agreement which provides the legal framework for closer cooperation on supply chain security and related risk management.
Joint Customs Cooperation Committee (JCCC)
The JCCC is responsible for overseeing the implementation and ensuring the proper functioning of both agreements and is empowered to adopt decisions to implement it.