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Textiles, apparel enjoy CETA preferential tariff treatment
29
Sep '17
The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) came into effect on September 21 beginning a new era in customs duty reductions and eliminations, rules of origin, customs procedures and quota requirements. Imports of textile products eligible under CETA are subject to import controls under Canada’s Export and Import Permits Act.

Therefore, import permits are required for imports of such products to obtain the preferential tariff rate under CETA.

Canada agreed to establish origin quotas for imports of textiles and apparel from the EU member states. The origin quota year extends from January 1 to December 31, according to a Canadian government notice. For 2017 only, the origin quota year extends from September 21 to December 31, and the access level for the origin quotas is pro-rated to that period. (DS)

Fibre2Fashion News Desk – India


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