Wednesday, February 22, 2012

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International Trade News

International Trade News Stories posted since December 24, 2011


ATA launches court challenge of new US HoS rules

Source: Canadian Transportation and Logistics | Posted: Feb 22, 2012

The American Trucking Associations (ATA), not surprisingly, has announced it will challenge the “flawed” US hours-of-service rule that will place greater restrictions on drivers.


Global shipping lines grapple with plunging rates, overcapacity and faltering recovery

Source: Canadian Transportation and Logistics | Posted: Feb 22, 2012

Towards the end of an eventful 2011, global shipping lines were doing their utmost to adjust to spreading economic malaise, especially in eurozone countries reeling under a sovereign debt crisis and in a United States still buckling under a real estate meltdown. Amidst weak freight rates, overcapacity and mounting carrier losses, some industry analysts were predicting more consolidation in coming years.


B.C. plans to balance in 2013 by selling assets, raising corporate taxes

Source: The Vancouver Sun | Posted: Feb 22, 2012

The B.C. Liberal government on Tuesday charted its return to balanced budgets, tabling a document that promised to privatize its two liquor distribution warehouses, increase MSP premiums and some business taxes, and impose a strict three-year spending freeze across most areas of government.


Fruits, vegetables show price decline

Source: The Packer | Posted: Feb 22, 2012

Deflation hit the produce department again in January, but higher fuel prices could pull prices higher in the months ahead.


Ongoing Free Trade Negotiations and Agreements

Source: Foreign Affairs and International Trade Canada | Posted: Feb 22, 2012

Recent items posted to the Foreign Affairs and International Trade Canada website.


Canada, India Conclude Latest FTA Talks

Source: Canadian International Freight Forwarders Association | Posted: Feb 22, 2012

Canada and India hope to complete negotiations on a comprehensive economic partnership agreement in 2013, ministers say, as the latest round of trade talks concludes.


Drugs Found in Car Parts, Again

Source: Mississauga.com | Posted: Feb 21, 2012

More than $820,000 in opium was discovered hidden inside a shipment of spare car parts that arrived last month at Pearson International Airport on a flight from Iran.


Canada, India Conclude Latest FTA Talks

Source: Tax-News | Posted: Feb 21, 2012

Canada and India hope to complete negotiations on a comprehensive economic partnership agreement in 2013, ministers say, as the latest round of trade talks concludes.


New Seal Standards - March 1, 2012

Source: Canadian Society of Customs Brokers | Posted: Feb 21, 2012

This message is to clarify the notice sent to all partners on December 21, 2011-New Seal Standards-March 1, 2012.


Canada Gazette - Official Regulations

Source: Canadian Society of Customs Brokers | Posted: Feb 17, 2012

Members may be interested in the following, published on 15 February 2012 in Part II of the Canada Gazette.


German Economy Pulls Away from European Pack

Source: Reuters | Posted: Feb 15, 2012

German analyst and investor sentiment leapt to its highest level in 10 months in February, reinforcing signs that Europe's largest economy is returning to growth as the rest of the euro zone faces a mild recession.


Free Trade with China Iffy

Source: The Province | Posted: Feb 15, 2012

Prime Minister Stephen Harper says he's interested in exploring the feasibility of a full free-trade agreement with China, but recognizes it would be difficult to obtain and is nowhere on the horizon.


OECD Flags Signs of Broader Upturn in Economic Outlook

Source: Reuters | Posted: Feb 15, 2012

The survey picture was mixed in the euro zone, where seven countries were now "pointing towards a positive change in momentum" while the region's overall reading dipped marginally.


American Trucking Association Challenges U.S. on Hours of Service Rule

Source: Today's Trucking | Posted: Feb 14, 2012

The Americian Trucking Association (ATA) is going to court to challenge the Federal Motor Carrier Association's (FMCSA) hours-of-service rule changes, Bloomberg reported today.


Exports and Imports Post Big Gains in December

Source: Today's Trucking | Posted: Feb 14, 2012

It was growth across the board for December, says Statistics Canada


Buy North American and Save Ourselves

Source: The Globe and Mail | Posted: Feb 14, 2012

Albert Einstein, who knew something about ideas, once wrote: "A great thought begins by seeing something differently, with a shift of the mind’s eye." It's time for Canada, the United States and Mexico to change the way they see each other and the way they address their shared problems.


Global Partnerships Key to Atlantic Canada's Growth

Source: The Globe and Mail | Posted: Feb 14, 2012

Entrepreneurial financing in Atlantic Canada is expanding rapidly. Halifax alone has more than 1,200 financial services firms with 14,000 employees, and Bank of Nova Scotia and Royal Bank of Canada both trace their roots back to Nova Scotia.


Hey, Man, Where Are The Carrots?

Source: The Packers | Posted: Feb 14, 2012

Like millions of people all over the U.S., I started out watching Super Bowl XLVI with high hopes. By the end of the night, however, those hopes were dashed.


Canada Concludes Second Round of Talks to Expand FTA with Costa Rica

Source: Foreign Affairs and International Trade Canada | Posted: Feb 14, 2012

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the successful conclusion of a second round of negotiations to modernize the Canada-Costa Rica Free Trade Agreement.


Trans-Pacific Partnership

Source: Export Development Canada | Posted: Feb 13, 2012

Get used to it, because it's fast becoming a part of international trade language. Yes, there's another acronym to learn, but it's no fly-by night buzzword.


Canada Concludes Second Round of Talks to Expand Free Trade Agreement with Costa Rica

Source: Foreign Affairs and International Trade Canada | Posted: Feb 13, 2012

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the successful conclusion of a second round of negotiations to modernize the Canada-Costa Rica Free Trade Agreement.


PM Highlights Exceptional Growth of Canadian Lumber Exports to China

Source: Canada News Centre | Posted: Feb 10, 2012

Prime Minister Stephen Harper today visited the China-Canada Green Building Design Center ? one of China?s largest wood frame buildings ? to highlight Canada?s achievement as China?s largest supplier of lumber.


Big Business Attends Perimeter Talks in Washington

Source: Embassymag.ca | Posted: Feb 09, 2012

New information has emerged on the perimeter security plan between Canada and the United States, with hundreds of government and industry representatives meeting in Washington last week, and the Harper government signalling it will soon table a bill to entrench cross-border policing over water.


Canada and China Set Stage for Free Trade Talks

Source: CBC News | Posted: Feb 09, 2012

Prime Minister Stephen Harper's trade mission to China is beating expectations and may be setting the stage for free trade talks between the two countries.


Harper Hails 'Strategic Importance' of China Deal

Source: The Globe and Mail | Posted: Feb 08, 2012

The conclusion of 18 years of talks with the Chinese for an investment protection deal marks a historic step forward in Canada-China relations, the prime minister said Wednesday.


Canada's Future is in the West: 2011 Census

Source: The Globe and Mail | Posted: Feb 08, 2012

Power and population are shifting to the Prairies and B.C. as Ontario enters a period of relative decline.


Canada's Future is in the West: 2011 Census

Source: The Globe and Mail | Posted: Feb 08, 2012

Power and population are shifting to the Prairies and B.C. as Ontario enters a period of relative decline.


How the U.S. HOS Rule Change Will Affect Canadian Drivers

Source: Today's Trucking | Posted: Feb 08, 2012

When the highly anticipated U.S. hours-of-service rules were announced in December, various industry associations were quick to respond, issuing a collective what-the-hell-is-this-coal-in-our-stocking response.


A Measure of Tomato Safety

Source: The Packer | Posted: Feb 08, 2012

Like all suppliers of fresh produce, tomato shippers have had their job complicated by the heightened scrutiny on food safety.


Strong, Stable 2011 at Port Metro Vancouver

Source: Canadian International Freight Forwarders Association | Posted: Feb 07, 2012

Canada's Port Metro Vancouver has released its 2011 year-end results, with strong, stable numbers showing continued growth in key sectors.


Reminder - Revised High Security Seal Standard - ISO IS 17712:2010 Effective March 1, 2012

Source: Canadian International Freight Forwarders Association | Posted: Feb 07, 2012

CIFFA would like to remind Members of the New Seal Standards effective March 1, 2012. Several ocean carriers are also notifying customers of the change and Partners in Protection (PIP) members were notified in December with the following.


Strengthening Measures to Protect Canada from the Asian Long-Horned Beetle

Source: Canadian Food Inspection Agency | Posted: Feb 06, 2012

The Canadian Food Inspection Agency (CFIA) has introduced new requirements to prevent the introduction and spread of the Asian long-horned beetle, a pest that could seriously threaten Canada?s forests and trees.


Canada Imposes Tougher Sanctions on Iran

Source: Canada News Centre | Posted: Feb 01, 2012

Foreign Affairs Minister John Baird today issued the following statement...


DHS's Napolitano Promises More Trade Cooperation

Source: The Journal of Commerce | Posted: Feb 01, 2012

Homeland Security Secretary Janet Napolitano said Monday that security efforts will rely heavily on risk management and information sharing with trade partners to secure the movement of goods and people.


WTO slaps China's export restraints

Source: American Shipper | Posted: Feb 01, 2012

The World Trade Organization Appellate Body on Monday found China's export restraints on several industrial raw materials used as key components in the steel, aluminum, and chemicals industries to be inconsistent with the country's WTO obligations.


Canada-EU Trade Deal a Hopeful Sign

Source: Financial Post | Posted: Feb 01, 2012

Negotiations on the wide-ranging free-trade agreement between Canada and the 27-member European Union are expected to conclude in the next few months. This is positive news, since Canada?s trade policy agenda has effectively been stalled for a generation.


Ron Kirk: U.S. to Tackle Hefty Trade Agenda

Source: The Hill | Posted: Jan 31, 2012

U.S. trade officials are expecting to cut a wide swath through a broad trade agenda this year, all probably before Congress leaves town in August.


Chief Justice Muses About the Impact of Tweets, Facebook and the Like

Source: Global News | Posted: Jan 31, 2012

The verdict is in from the country's top judge: The justice system must figure out how to deal with social media such as Twitter and Facebook.


Why it Pays to Focus on Outcomes Rather than Transactions in Procuring Supply Chain Services

Source: Canadian Transportation and Logistics | Posted: Jan 31, 2012

Vested outsourcing (VO) will be ready for prime time when the purchasing mindset switches to achieving mutually desired outcomes from simply buying the right things. Kate Vitasek, author, consultant and University of Tennessee professor, shares that prediction with supply chain professionals at every opportunity.


Warning: Debt Binge a Danger to Financial Health

Source: The Globe and Mail | Posted: Jan 31, 2012

It?s time for warning labels on the documents you sign when setting up a line of credit. Something along the lines of what they now do for cigarettes. "Don't Poison Your Retirement," would do the job, or maybe "Borrowing May Cause Poverty in Retirement."


Beef Prices Set to Soar in 2012

Source: The Vancouver Sun | Posted: Jan 31, 2012

"Ranchers are making money for the first time in nearly 10 years," said Port Coquitlam's Hills. The pork industry is also seeing prices rebound.


Canadian Railway Car-Loadings November 2011

Source: Canadian International Freight Forwarders Association | Posted: Jan 26, 2012

Canadian rail freight traffic from both domestic and international operations was up 8.9% in November from November 2010, to 27.1 million tonnes.


Canada Further Expands Sanctions Against Syria

Source: Canadian International Freight Forwarders Association | Posted: Jan 26, 2012

Foreign Affairs Minister John Baird on Wednesday announced new sanctions against Syria?s Assad regime in concert with like-minded countries.


Canadian Cattle, Sheep and Goat Producers Gain Market Access to Philippines

Source: Agriculture and Agri-Food Canada | Posted: Jan 25, 2012

Canadian cattle, sheep and goat producers will benefit from new access to yet another international market. Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast announced today that the Government of Canada has secured live ruminant market access to the Philippines.


For Every Regulation Created One Will Be Eliminated, Tories Vow

Source: The Globe and Mail | Posted: Jan 25, 2012

The Conservative government is moving ahead with a wide-ranging push to cut red tape, long a source of frustration for small business owners.


EU Trade Deal Expected by Summer

Source: Embassymag.ca | Posted: Jan 25, 2012

Relatively few issues remain within the Canada-European free trade talks, and officials expect the deal to be completed by the summer, European representatives say.


Statscan leading Index Suggests Strong Growth

Source: CBC News | Posted: Jan 24, 2012

Statistics Canada says its composite leading index rose 0.8 per cent in December, following a 0.9 gain the previous month.


Safeguarding Canadian Forests - Full Enforcement of ISPM 15 Requirements

Source: Canadian International Freight Forwarders Association | Posted: Jan 24, 2012

Will your business be ready for January 2013? That is when Canada and the US will begin full enforcement of the International Standards for Phytosanitary Measures No. 15 (ISPM 15) for non-manufactured wood packaging material (WPM) moving between Canada and the US.


South Korea Gives Canadian Beef Final Stamp of Approval

Source: Canadian International Freight Forwarders Association | Posted: Jan 24, 2012

Tremendous news for Canadian cattle producers and processors has come early in the New Year, announced Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast.


Benefits of Border Deal Will Be Felt Soon, U.S. Envoy Says

Source: The Vancouver Sun | Posted: Jan 24, 2012

Canadians will start feeling the benefits this year of a new Canada-U.S border deal designed to better guard against terrorism and speed up cross-border traffic, says a senior U.S. official.


Courier LVS Program - Three Additional Eligibility Requirements for Participation

Source: Canada Border Services Agency | Posted: Jan 24, 2012

The CBSA has introduced three additional eligibility requirements for participation in the Courier Low-Value Shipment (LVS) Program. In addition to the existing requirement for participants to be bonded carriers, companies must:


Canadian Government Supports Rail Link for Port of Saguenay

Source: JOC Sailings | Posted: Jan 24, 2012

The Canadian government will contribute up to C$15 million over 2 years to support rail-oriented construction at the Port of Saguenay in Quebec.


Canadian Firms Less Affected by Global Turmoil, CEOs Say

Source: The Globe and Mail | Posted: Jan 24, 2012

Canadian CEOs believe their companies are more resilient and have been less affected by global economic turmoil than corporate leaders in other countries, according to a new global poll of chief executives.


Government Group Hopes to Cut Red Tape for Canadian Businesses

Source: Canadian Transportation and Logistics | Posted: Jan 24, 2012

The Red Tape Commission, a government group working to cut red tape for businesses, has issued its final report: "Cutting Red Tape; Freeing Business to Grow."


Changing Pallet Rules to Add Costs of Shipping to Canada

Source: The Packer | Posted: Jan 24, 2012

The U.S. and Canada are expected to change the requirements for wood pallets transporting goods between the two countries.


Mandatory Electronic Reporting Policy for Exporters

Source: Canada Border Services Agency | Posted: Jan 23, 2012

This notice provides information on the Canada Border Services Agency's (CBSA's) new Mandatory Electronic Export Reporting Policy for exporters and explains how to report export data electronically when exporting goods by any mode of transportation.


Import Outlook Brightens

Source: The Journal of Commerce | Posted: Jan 23, 2012

American consumers are using their credit cards again, and forecasters expect retail sales and containerized imports to accelerate modestly this year.


Canadian Automated Export Declaration (CAED) - New Version 12.10

Source: Canadian International Freight Forwarders Association | Posted: Jan 23, 2012

Statistics Canada and Canada Border Services Agency (CAED) launched the national implementation of the Canadian Automated Export Declaration (CAED) program, which gives registered exporters and agents the opportunity to report goods electronically to the Federal Government of Canada.


Asia-Pacific Gateway Facilitates Record Lumber Exports

Source: Foreign Affairs and International Trade Canada | Posted: Jan 23, 2012

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, and the Honourable Joe Oliver, Minister of Natural Resources, today released the following statement in response to a report from Forestry Innovation Investment, a B.C. Crown agency, that exporters in that province are sending record amounts of lumber to China.


Importation of Non-Manufactured and Non-Propagative Wood Products From U.S. States

Source: Canadian International Freight Forwarders Association | Posted: Jan 23, 2012

The CFIA has published a new policy directive, D-11-05, Phytosanitary requirements for non-manufactured and non-propagative wood products to prevent the introduction from the continental United States and spread within Canada of the Asian Long-horned Beetle.


Harper Government Secures Access to U.S. Market for Softwood Lumber Until 2015

Source: Foreign Affairs and International Trade Canada | Posted: Jan 23, 2012

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, and United States Trade Representative Ron Kirk today signed a two-year extension to the 2006 Canada-United States Softwood Lumber Agreement.


Minister Clement Welcomes Recommendations from Red Tape Reduction Commission

Source: Treasury Board of Canada Secretariat | Posted: Jan 20, 2012

The Honourable Tony Clement, President of the Treasury Board and Minister responsible for FedNor, today received the Red Tape Reduction Commission's Recommendations Report.


South Korea's Market Now Open to Canadian Beef

Source: CBC News | Posted: Jan 20, 2012

South Korea's markets are once again open to Canadian beef imports after an eight-year ban, Agriculture Minister Gerry Ritz announced Friday.


Importation of Non-Manufactured and Non-Propagative Wood Products from U.S. States

Source: Canadian Society of Customs Brokers | Posted: Jan 20, 2012

Importation of non-manufactured and non-propagative wood products from U.S. states where the Asian long-horned beetle (ALHB) (Anoplophora glabripennis) is known to occur (ie., Massachussetts, New Jersey, New York and Ohio).


Is Canada's Economy Really Dependent on Global Trade?

Source: The Globe and Mail | Posted: Jan 20, 2012

Currency traders love the monthly import and export data, which provide an excellent guide of how much demand exists for dollars, euros, yen, francs and the like.


Government of Canada Creates Advisory Committee on Traditional Chinese Medicines

Source: Health Canada | Posted: Jan 17, 2012

The Honourable Leona Aglukkaq, Minister of Health, announced today the creation of a national advisory committee on Traditional Chinese Medicines (TCMs).


World Economy Looks to U.S. as Growth Engine for 2012, Says EDC

Source: Export Development Canada | Posted: Jan 17, 2012

Rising momentum in the U.S. economy will power the world economy forward in 2012 despite a number of ongoing risks, according to a 2012 Global Export Forecast winter update by Export Development Canada (EDC).


Export Surge Widens Canada's Trade Surplus

Source: CBC News | Posted: Jan 17, 2012

A surge in Canadian merchandise exports led by the auto and energy sectors powered up a bigger-than-expected $1.1-billion trade surplus in November, far outstripping what economists had expected but still unlikely to have much impact on fourth-quarter growth.


Bank of Canada Holds Rates, Sees Faster Recovery

Source: Reuters Canada | Posted: Jan 17, 2012

The Bank of Canada held its key policy rate at 1 percent on Tuesday, but forecast a faster Canadian recovery than expected despite an increasingly worrying outlook for the global economy.


March Meeting Should Shed Light on Trans-Pacific Partnership Fate

Source: Embassymag.ca | Posted: Jan 17, 2012

Canada's acceptance into the Trans-Pacific Partnership is not guaranteed but the government will likely have a better sense of whether it will be able to join the trade club in March, say trade analysts and observers.


Canadian Food Inspection Agency Seeks Comments on Proposed Regulatory Amendments for Wine Labelling

Source: Canadian Food Inspection Agency | Posted: Jan 17, 2012

The Canadian Food Inspection Agency (CFIA) is seeking input from stakeholders and the Canadian public on regulatory amendments related to wine labelling.


Organics Still a Niche Market for Foodservice

Source: The Packer | Posted: Jan 17, 2012

Organic produce, which ranked No. 14 among the National Restaurant Association?s top 20 restaurant trends of 2011, may not be as popular as the locally grown kind, which ranked No. 2, but there certainly is some demand for organic fruits and vegetables among chefs and foodservice operators.


Request for the Removal of the Customs Duties on Imports of Oils and Preparations etc.

Source: Canadian Society of Customs Brokers | Posted: Jan 17, 2012

The Department of Finance is currently reviewing a request for the removal of the customs duties on imports of oils and preparations thereof, having a viscosity of 7.44 mm2/sec or more at 37.80C.


Canada Posts Surprise Trade Surplus, Exports Jump

Source: The Globe and Mail | Posted: Jan 13, 2012

Canada posted an unexpected trade surplus in November as a strengthening U.S. economy helped push exports to a three-year high, offering hope to a hard-hit sector.


CBSA Transmitting Accurate eManifest Cargo Data

Source: Canadian International Freight Forwarders Association | Posted: Jan 13, 2012

The purpose of this communiqué is to advise clients transmitting eManifest highway carrier data to the Canada Border Services Agency (CBSA) of the importance of transmitting an accurate Cargo Control Number (CCN).


U.S. CBP New Arrival Functionality in ACE M1 - Ocean and Rail Manifest

Source: Canadian International Freight Forwarders Association | Posted: Jan 12, 2012

On December 14, 2011, as part of the ACE eManifest: Rail and Sea (Drop M1) deployment, new functionality was deployed that impacts arrival processing in the Ocean mode of transportation for carriers using both ACE M1 and AMS.


Canadian Automated Export Declaration (CAED)

Source: Statistics Canada | Posted: Jan 12, 2012

Note: Omissions in the CAED2012 V12.00 Harmonized System (HS) Library have been detected. To rectify these omissions a new version of CAED2012 will be released by January 20th, 2012.


New CBP Commissioner Aguilar Commits to Staying the Course

Source: Import Export Canada | Posted: Jan 10, 2012

In a conference call yesterday [January 9] with association representatives, David Aguilar, the new Acting Commissioner of U.S. Customs and Border Protection, reassured stakeholders from both sides of the border that as a former "border cop", he has no intention of rolling back the work undertaken by his predecessor, Alan Bersin, over the past couple of years.


Western Canadian Wheat and Barley Farmers "Gearing Up For Marketing Freedom"

Source: Agriculture and Agri-Food Canada | Posted: Jan 10, 2012

Agriculture Minister Gerry Ritz addressed an enthusiastic audience today at the Western Canadian Wheat Growers 42nd Annual Convention.


Flaherty Says Not Time for "Risky" Spending

Source: Reuters Canada | Posted: Jan 10, 2012

Canada's upcoming federal budget should not contain "risky" new spending programs that could increase the deficit, Finance Minister Jim Flaherty said on Tuesday.


New Year, Same Logistics-Related Challenges

Source: Logistics Management | Posted: Jan 10, 2012

Now that we are officially into 2012, it is a good time to assess just how things stand in regards to what is ahead of us.


Customs Chief Aguilar Pledges to Build on Bersin's Success

Source: The Journal of Commerce | Posted: Jan 10, 2012

Customs and Border Protection Acting Commissioner David Aguilar said he will build on the agency?s accomplishments of the last two years and continue the innovations started by his predecessor.


NAFTA Surface Trade Rose 12 Percent in October

Source: The Journal of Commerce | Posted: Jan 09, 2012

The value of trade using surface transportation between the U.S. and Canada and Mexico rose 12 percent to $79 billion in October, the Transportation Department reported.


D1-4-1, CBSA Invoice Requirements

Source: Canada Border Services Agency | Posted: Jan 09, 2012

The references to expired Tariff classification numbers 9954.00.00.00 or 9957.00.00.00 have been removed.


CBSA Compliance Verification Priorities - January 1, 2012

Source: Canadian Society of Customs Brokers | Posted: Jan 09, 2012

The Canada Border Services Agency (CBSA) is committed to publicly releasing a semi-annual list of all of its active compliance verification priorities, in the interest of transparency and the promotion of self-compliance.


Canadian Ports Say US-Bound Traffic Has Fallen

Source: Canadian International Freight Forwarders Association | Posted: Jan 06, 2012

The Journal of Commerce reports that four Canadian ports said Wednesday their share of U.S.-bound containerized cargo has dropped in the last decade, contrary to the claims of members of Congress and U.S. West Coast ports that spurred a Federal Maritime Commission inquiry.


2012 Sees New ICC Rules of Arbitration Enter Into Force

Source: Canadian International Freight Forwarders Association | Posted: Jan 06, 2012

The ICC International Court of Arbitration has welcomed in the New Year with the entry into force of its revised Rules of Arbitration.


Canadian Chamber Comments on Border Proposals

Source: Surrey Board of Trade | Posted: Jan 05, 2012

For businesses finding that border delays and duplicative inspections are making them uncompetitive and for travelers tired of being stuck in long lines, Christmas came a little early last year.


Revisions to Harmonized System Enter into Force

Source: Journal of Commerce Sailings | Posted: Jan 05, 2012

On Jan. 1, the new version of the Harmonized System Nomenclature entered into force, the World Customs Organization (WCO) has announced, although implementation dates will differ.


Pilot Project on Regulatory Harmonization for Single Global Guideline Underway in Asia Pacific

Source: Pharmabiz.com | Posted: Jan 04, 2012

Pharmaceutical sector which is now toying with the concept of a single global regulatory guideline has kicked off an initiative in the Asia Pacific region. In the ASEAN region, 10 countries have come together to initiate the process of harmonization.


Canada Gazette Notices and Proposed Regulations

Source: Canadian Society of Customs Brokers | Posted: Jan 03, 2012

Members may be interested in the following, published on 31 December 2011 in Part I of the Canada Gazette.


CFIA-AIRS Updates - Effective 1 January 2012

Source: Canadian Society of Customs Brokers | Posted: Dec 30, 2011

The Harmonized System (HS) upon which the Custom Tariff is based is periodically updated by the World Customs Organization (WCO) with the most recent one being on January 1, 2012.


Harper Government Provides More Tax Relief to Create Jobs and Growth in 2012 and Beyond

Source: Department of Finance Canada | Posted: Dec 30, 2011

The Honourable Jim Flaherty, Minister of Finance, today highlighted tax relief coming into effect in 2012 to foster jobs and growth.


Government Launches Consultations on Canada's Foreign Trade Zone Like Policies and Programs

Source: Canada News Centre | Posted: Dec 29, 2011

The Honourable Jim Flaherty, Minister of Finance, today launched consultations to examine Canada?s foreign trade zone (FTZ)-like policies and programs, further to the commitment outlined in Budget 2011, the Next Phase of Canada?s Economic Action Plan.