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ARTICLE · 25 SEPTEMBER 2017

CETA Is NOT NAFTA: 7 Things You Should Know About CETA

On September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement entered into effect provisionally. Importantly, the customs duty reductions and eliminations took effect today.

CanadaInternational Law

On September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (the "Canada-EU CETA") entered into effect provisionally.  Importantly, the customs duty reductions and eliminations took effect today.  The rules of origin took effect today.  The customs procedures took effect today.  The quota requirements took effect today.  Most of the Canada-EU CETA is in effect today.

There is a lot that Canadian businesses need to know and need to learn.  Canadian businesses are used to NAFTA rules.  The Canada-EU CETA did not adopt all the same rules as NAFTA.  If you do what is required for NAFTA, you may run into problems with Canada-EU CETA.
Below, we briefly discuss 7 areas where there are differences between the steps importers of EU-origin goods must take in order to benefit from the Canada-EU CETA:

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