Fraser Direct

Withdrawal of the General Preferential Tariff (GPT) From 72 Current Beneficiary Countries

Effective January 1, 2015, the Canadian government will withdraw General Preferential Tariff treatment duty rates from all goods that originate in 72 higher-income and trade-competitive countries (out of current 176 beneficiaries). 

After that date, the goods must be accounted for under the Most-Favoured-Nation Tariff (MFN).

Countries Affected (72) 

Algeria, American Samoa, Antigua and Barbuda, Antilles, Netherlands, Argentina, Azerbaijan, Bahamas, Bahrain, Barbados, Bermuda, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Cayman Islands, Chile, China, Colombia, Costa Rica, Croatia, Cuba, Dominica, Dominican Republic, Ecuador, Equatorial Guinea, French Polynesia, Gabon, Gibraltar, Grenada, Guam, Hong Kong, India, Indonesia, Iran, Israel, Jamaica, Jordan, Kazakhstan, Kuwait, Lebanon, Macao, Macedonia, Malaysia, Maldives, Mariana Islands, Mauritius, Mexico, Namibia, New Caledonia and Dependencies, Oman, Palau, Panama, Peru, Qatar, Russia, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Seychelles, Singapore, South Africa, South Korea, Suriname, Thailand, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos Islands, United Arab Emirates, Uruguay, Venezuela, and Virgin Islands, U.S.A.
Impact and Advice for Importers

Goods imported after January 1st, 2015, from the above countries, may attract additional duties payable. 

Please note that goods that are in transit to Canada prior to January 1, 2015 are exempt from the withdrawal order.

It may be to an importer's advantage to purchase and ship goods prior to that date or advise your customers that pricing may be affected by the Canadian Government's decision.  Importers may also search other countries to source their goods where trade agreements are still is place.  Countries listed above such as Panama, Jordan, Columbia, Costa Rica, Chile, Israel and United States will not be affected as they have separate trade agreements with Canada.

Please contact Fraser Direct Logistics' Consulting Team to assess your potential duty-change impact.

Questions?

If you have any questions or need more information, please contact us a This email address is being protected from spambots. You need JavaScript enabled to view it. or phone 905-877-4411 x 230.   

 

Bruce White, CCS
Manager, Customs
Fraser Direct Logistics
100 Armstrong Ave, Georgetown ON  L7G 5S4
Direct: 905-877-4411 Ext 230 | Fax: 905-877-2053
This email address is being protected from spambots. You need JavaScript enabled to view it. | www.fraserdirect.ca

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