NAFTA Negotiations. Business Council of Canada Submission
|
|
- Bartholomew Sullivan
- 5 years ago
- Views:
Transcription
1 NAFTA Negotiations Business Council of Canada Submission 1
2 The Business Council of Canada represents over 150 of Canada s largest companies and industry leaders in all sectors of the economy. Our membership includes the Canadian subsidiaries of 29 major American companies, all with significant interests in protecting and enhancing the trade relationship between Canada and the U.S. In addition, many of our 110 Canadian-headquartered member companies are among the largest foreign investors and employers in the U.S. 2
3 Why NAFTA matters NAFTA has played a crucial role in the development of our balanced and mutually beneficial trade and investment relationship. Canada is the top export market for American goods and the top export destination for 35 states. Further, most manufactured goods imports from Canada contain a high level of American content. Altogether, our bilateral trade relationship supports over 9 million good-paying U.S. jobs. Considering the importance of this relationship, we see both a risk and opportunity in renegotiating NAFTA. There is no question that after a quarter century, much of the agreement is showing its age. Our Council welcomes the opportunity to bring NAFTA into the 21st century. However, renegotiations must not jeopardize the millions of jobs on both sides of the border that depend on the protection of the current framework of rights, benefits and privileges the existing agreement currently provides. It is also important that the renegotiation process moves quickly. Prolonged uncertainty about NAFTA s future undermines the ability of Canadian companies to make major jobcreating investments across the border. To ensure the renegotiation process moves quickly and in a constructive manner, the Business Council of Canada requests that NAFTA negotiators in both countries work around the following principles. Do no harm To avoid harming employment and current investment levels, Canadian and American businesses need to retain their existing access to markets and commercial opportunities in each respective country. The resulting agreement must be based upon reciprocal access and treatment. NAFTA s rules of origin could use an update. However, we urge negotiators to proceed carefully to avoid unintended consequences when making changes. Alterations that lead to country-specific rules would be devastating to industry in all three member states. But not all changes to rules have to be harmful. For example, a modernization of NAFTA s outdated tracing system would be welcomed. We anticipate that dispute settlement will be revisited, but alterations cannot result in disputes being settled in domestic courts. This was a deal breaker for Canada in the original NAFTA and it will be for Canadian companies in the new NAFTA framework. 3
4 21 st century opportunity In addition to avoiding harm to the existing framework, negotiators should aim to update the agreement for the current and future economy. We see an opportunity to add or modernize areas, such as: intellectual property, e-commerce, treatment of state-owned enterprises, competition, rules, sanitary and phytosanitary measures, telecommunications, customs procedures, labour, environment, government procurement and regulatory cooperation. Labour mobility and customs procedures provisions are clearly outdated in the existing NAFTA framework. For labour, the eligible positions negotiated in NAFTA do not match today s technology-driven economy. Another outdated element is continued paperbased nature of customs procedures. These and other areas should be modernized to benefit both countries businesses, reflect current needs, and anticipate future changes. Go further The Canada-U.S. Free Trade Agreement and NAFTA have helped our countries develop a mutually beneficial relationship that has enhanced energy security for the continent. Modernization presents the opportunity to strengthen this relationship even further. We should strive to improve North American energy independence and security, promote greater cooperation and innovation, and expand access to lower-carbon energy sources. Infrastructure and government procurement are two areas where an agreement could help us work more closely together. Our geographies naturally drive our industries together, but there are obstacles interfering with the ability for our firms to cooperate on infrastructure. To maximize our potential, we recommend the creation of a U.S.-Canada Infrastructure Pact. A pact could help to generate a common template for P3 projects, as well as commit to non-discrimination against U.S. content in Canadian projects and Canadian content in U.S. projects. Lastly, the new NAFTA should aim to improve regulatory cooperation, to reduce administrative costs to consumers and businesses alike. We recommend that our two governments establish a Regulatory Cooperation Council to work closely with industry to identify opportunities for harmonization. Conclusion So long as the principles in this submission are taken into consideration by the U.S. and Canadian negotiators, you can count on the support of our Council and its members. We would be pleased to work with your officials and discuss in greater detail each of the above recommendations. 4
5 99 Bank Street, Suite 1001 Ottawa, Canada K1P 6B9 T F E. 5
2019 USCIB Trade and Investment Agenda
2019 USCIB Trade and Investment Agenda The United States Council for International Business (USCIB) corporate members represent $5 trillion in revenues and employ 11.5 million people worldwide across a
More informationJune 12, To: Members of the California Congressional Delegation. From: (Mrs.) Susanne Stirling, Vice President-International Affairs
To: Members of the California Congressional Delegation From: (Mrs.) Susanne Stirling, Vice President-International Affairs On behalf of the California Chamber of Commerce, below are comments provided to
More informationBUDGET Pre-budget consultation submission
BUDGET 2018 Pre-budget consultation submission 1 What federal measures would help Canadians to be more productive? Canada s labour productivity lags that of comparable countries and restrains Canadians
More informationDepartment of Foreign Affairs and Trade
Department of Foreign Affairs and Trade P4 (Chile, Singapore, New Zealand and Brunei) Negotiations commence in 2002 Trans-Pacific Strategic Economic Partnership (P4) enters into force in 2006 Negotiations
More informationThe CSC is Canada s leading voice in promoting the importance of services to the Canadian economy. We have two core mandates:
NAFTA Consultations Global Affairs Canada Trade Negotiations North America (TNP) Lester B. Pearson Building 125 Sussex Drive Ottawa, ON K1A 0G2 The 420-360 Albert Street Ottawa, ON K1R 7X7 July 18, 2017
More informationTrade Implications of the EU-US TTIP for Neighboring Countries
Trade Implications of the EU- TTIP for Neighboring Countries Alan V. Deardorff University of Michigan For presentation at Stanford February 20, 2014 www.fordschool.umich.edu The Trans-Atlantic Trade and
More informationRenegotiating NAFTA: Impact on the U.S. Auto Care Industry
What is NAFTA? Renegotiating NAFTA: Impact on the U.S. Auto Care Industry The North American Free Trade Agreement ( NAFTA ) is a free trade agreement between Canada, Mexico and the United States that was
More informationCanada Gazette, 12 April 2003; volume 137, no. 15
CONSULTATIONS ON ENHANCING CANADA-EUROPEAN UNION TRADE AND ECONOMIC RELATIONS MULTILATERALLY AND THROUGH A NEW BILATERAL TRADE AND INVESTMENT INITIATIVE Canada Gazette, 12 April 2003; volume 137, no. 15
More informationSubmission to the NAFTA Negotiating Team at Global Affairs Canada Re-negotiation of the North American Free Trade Agreement
Submission to the NAFTA Negotiating Team at Global Affairs Canada on Re-negotiation of the North American Free Trade Agreement June 15, 2017 Introduction In 1994, the North American Free Trade Agreement
More informationENHANCING TRADE AND INVESTMENT, SUPPORTING JOBS, ECONOMIC GROWTH AND DEVELOPMENT: OUTLINES OF THE TRANS-PACIFIC PARTNERSHIP AGREEMENT
OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE EXECUTIVE OFFICE OF THE PRESIDENT WASHINGTON, D.C. ENHANCING TRADE AND INVESTMENT, SUPPORTING JOBS, ECONOMIC GROWTH AND DEVELOPMENT: OUTLINES OF THE TRANS-PACIFIC
More informationUSCIB Trade and Investment Agenda 2018
USCIB Trade and Investment Agenda 2018 The United States Council for International Business (USCIB) corporate members represent $5 trillion in revenues and employ 11.5 million people worldwide across a
More informationPre-Hearing Statement of Linda M. Dempsey, Vice President, International Economic Affairs, National Association of Manufacturers
Pre-Hearing Statement of Linda M. Dempsey, Vice President, International Economic Affairs, National Association of Manufacturers Before the U.S. International Trade Commission Hearing on Investigation
More informationAdvantageBC. September 19, Don Campbell
AdvantageBC September 19, 2017 Don Campbell CETA: What is the Agreement? Gold Standard Economic Partnership Agreement between Canada and European Union Most Comprehensive agreement ever negotiated model
More informationCONSULTATION ON TRADE NEGOTIATIONS WITH THE UNITED STATES
1 CONSULTATION ON TRADE NEGOTIATIONS WITH THE UNITED STATES The Securities Industry and Financial Markets Association (SIFMA) believes strongly in free, rules-based international trade and cross-border
More informationUpdating NAFTA: Implications of the Trans-Pacific and Trans-Atlantic Partnerships
Updating NAFTA: Implications of the Trans-Pacific and Trans-Atlantic Partnerships Jeffrey J. Schott Senior Fellow Peterson Institute for International Economics Mexico and the United States: Building on
More informationHow CETA Will Benefit the
Opening New Markets in Europe Creating Jobs and Opportunities for Canadians How CETA Will Benefit the Northwest Territories Creating jobs and opportunities for Northwest Territories residents The Canada-European
More informationUSCIB Comments on Negotiating Objectives Regarding U.S.-Japan Trade Agreement December 19, 2018
USCIB Comments on Negotiating Objectives Regarding U.S.-Japan Trade Agreement December 19, 2018 On October 16, 2018, the Trump Administration notified Congress of its intention to initiate negotiations
More informationSubmission to the House of Commons Standing Committee on Finance. Priorities for the 2015 Federal Budget
Submission to the House of Commons Standing Committee on Finance The (CCCE) commends the government s commitment to sound management of public finances. With a small surplus expected in 2015-16, Budget
More informationTrade in Services Agreement (TiSA) Services and Investment Unit, Trade Negotiations Division Ministry of Foreign Affairs and Trade
Trade in Services Agreement (TiSA) Services and Investment Unit, Trade Negotiations Division Ministry of Foreign Affairs and Trade MFAT Services and Investment Unit Carriage of WTO services policy and
More informationSummary of negotiating objectives
Summary of negotiating objectives On 29 October 2015 New Zealand and European Union (EU) leaders announced the intention to start the process for negotiations to achieve swiftly a deep and comprehensive
More informationReview of the Revised Foreign Investment Policy in Book Publishing and Distribution
Review of the Revised Foreign Investment Policy in Book Publishing and Distribution Your responses can be found below. Name: Canadian Bar Association, National Competition Law Section Address: 500-865
More informationCurrent Trade Issues for Canadian Agriculture
Current Trade Issues for Canadian Agriculture Alan Ker Professor, Department of Food, Agricultural and Resource Economics Director, Institute for the Advanced Study of Food and Agricultural Policy FarmSmart
More informationComparing Dispute Settlement Systems: NAFTA and WTO. CREP Workshop 13 September 2005 Junji Nakagawa (ISS)
Comparing Dispute Settlement Systems: NAFTA and WTO CREP Workshop 13 September 2005 Junji Nakagawa (ISS) Introduction Overlap of jurisdiction between the dispute settlement procedure under an RTA and the
More informationTable of Contents Introduction... 2 Summary of Specific Negotiating Objectives for the Initiation of NAFTA Negotiations... 4 Trade in Goods:...
Table of Contents Introduction... 2 Summary of Specific Negotiating Objectives for the Initiation of NAFTA Negotiations... 4 Trade in Goods:... 4 Sanitary and Phytosanitary Measures (SPS):... 5 Customs,
More informationWe add value to Canada s natural resources
The Chemistry Industry Association of Canada (CIAC) is the voice of Canada's $53 billion chemistry industry and represents leading companies engaged in the manufacture of industrial chemicals in Canada.
More informationThe Legal Profession in a Globalized World
University of Miami Law School Institutional Repository University of Miami Inter-American Law Review 10-1-1998 The Legal Profession in a Globalized World Salvador J. Juncadella Follow this and additional
More informationFOREIGN DIRECT INVESTMENT PROMOTING AND PROTECTING A KEY PILLAR FOR SUSTAINABLE DEVELOPMENT AND GROWTH
FOREIGN DIRECT INVESTMENT PROMOTING AND PROTECTING A KEY PILLAR FOR SUSTAINABLE DEVELOPMENT AND GROWTH POLICY STATEMENT Prepared by the ICC Commission on Trade and Investment Policy Executive Summary Investment,
More informationICC recommendations for completing the Doha Round. Prepared by the Commission on Trade and Investment Policy
International Chamber of Commerce The world business organization Policy Statement ICC recommendations for completing the Doha Round Prepared by the Commission on Trade and Investment Policy 2006: the
More informationRE: American Chemistry Council Public Comments on U.S. Objectives for U.S.-UK Trade Negotiations
January 15, 2019 Edward Gresser Chair of the Trade Policy Staff Committee Office of the United States Trade Representative 600 17th Street NW Washington DC 20508 RE: American Chemistry Council Public Comments
More informationTrade in New England. Export-Supported U.S. Jobs (2014) Merchandise Exports (2015)
Trade in New England The majority of the world s consumers - 95 percent - can be found beyond America s borders. While interstate commerce among the states remains a significant avenue for business prosperity
More informationUS Trade Policy Options in the Pacific Basin: Bigger Is Better
US Trade Policy Options in the Pacific Basin: Bigger Is Better Jeffrey J. Schott Senior Fellow, PIIE February 16, 2017 2/16/2017 Peterson Institute for International Economics 1750 Massachusetts Ave.,
More informationHow CETA Will Benefit
Opening New Markets in Europe Creating Jobs and Opportunities for Canadians How CETA Will Benefit Yukon Creating jobs and opportunities for Yukoners The Canada-European Union Comprehensive Economic and
More informationNAFTA NEGOTIATIONS: FIVE STEPS TO IMPROVE NORTH AMERICAN TRADE AND COMPETITIVENESS
NAFTA NEGOTIATIONS: FIVE STEPS TO IMPROVE NORTH AMERICAN TRADE AND COMPETITIVENESS Introduction The United States, Mexico, and Canada are all in to raise our economic game as a region. As the three governments
More information157. Preferential trade agreements Item 157 Grade 3
International economics 3.4 Economic Integration 157. Preferential trade agreements Item 157 Grade 3 Ib question Distinguish between bilateral and multilateral (WTO) trade agreements. Economic integration!
More informationPubPol 201. Module 3: International Trade Policy. Class 6 Outline. Class 6 Outline. NAFTA What is it? NAFTA What is it? NAFTA What is it?
PubPol 21 Module 3: International Trade Policy Class 6 and Its Renegotiation as Class 6 Outline and Its Renegotiation as What is? What happened under? Issues in renegotiation Lecture 6: & 2 Class 6 Outline
More informationRegional Trade Agreements
Regional Trade Agreements Law, Policy and Practice David A. Gantz SAMUEL M. FEGTLY PROFESSOR OF LAW, JAMES E. ROGERS COLLEGE OF LAW, UNIVERSITY OF ARIZONA CAROLINA ACADEMIC PRESS Durham, North Carolina
More informationThe Trans Pacific Partnership: Leading Concerns and Proposed Recommendations of the Canadian Labour Movement
The Trans Pacific Partnership: Leading Concerns and Proposed Recommendations of the Canadian Labour Movement December 2015 The Trans Pacific Partnership: Leading Concerns and Proposed Recommendations of
More informationFROM A CANADIAN PERSPECTIVE. 61 st Annual EDCO Conference Toronto February 7, 2018
NAFTA: FROM A CANADIAN PERSPECTIVE 61 st Annual EDCO Conference Toronto February 7, 2018 AGENDA Welcome Session Introduction Speaker Introduction Hugo Cameron, Executive Lead for U.S. Trade Engagemnt at
More informationEdexcel Economics A-level
Edexcel Economics A-level Unit 4: The Global Economy Topic 2: Trade and the World Economy 2.4 Trade liberalisation Notes Types of trading blocs (regional trade agreements and bilateral trade agreements):
More informationThe Rise Of Regionalism In The Multilateral System And Features Of Preferential Trade Agreements In Asia And The Pacific
The Rise Of Regionalism In The Multilateral System And Features Of Preferential Trade Agreements In Asia And The Pacific Enhancing the contribution of PTAs to inclusive and equitable trade: Bangladesh
More informationEU Trade Policy and CETA
EU Trade Policy and CETA http://www.youtube.com/watch?v=iioc5xg2i5y The EU a major trading power European Commission, 2013 The EU a major trading power % of global exports, goods, 2012 % of global exports,
More informationCanada as a Trading Nation. INTS 101 Canada and the World
Canada as a Trading Nation INTS 101 Canada and the World Canada as a trading nation Canada as a trading nation. how important is trade relative to other dimensions of place in the world if you had to rank
More informationEnhancing Canada s International Tax Advantage Submission to the Advisory Panel on Canada s System of International Taxation
THE CANADIAN CHAMBER OF COMMERCE LA CHAMBRE DE COMMERCE DU CANADA Enhancing Canada s International Tax Advantage Submission to the Advisory Panel on Canada s System of International Taxation July 2008
More information2014 Pre-budget Consultation
2014 Pre-budget Consultation A Submission to the House of Commons Standing Committee on Finance Chartered Professional Accountants of Canada 2 2014 Pre-budget Consultation 2014 Pre-budget Consultation
More informationRe: Request for Comments on Negotiating Objectives for a U.S.-Japan Trade Agreement
Re: Request for Comments on Negotiating Objectives for a U.S.-Japan Trade Agreement The Securities Industry and Financial Markets Association (SIFMA) 1 welcomes the opportunity to submit comments regarding
More informationLOCAL CONTENT. Botswana- Mining
LOCAL CONTENT Botswana- Mining The project 1 - background Resource-rich countries are increasingly inserting requirements for local content ( local content provisions ) into their legal framework, through
More informationWho Else Benefits from CETA? Some Implications of Most-Favoured Nation Treatment
Institut C.D. HOWE Institute Conseils indispensables sur les politiques December 19, 2013 THE CETA BRIEFINGS Who Else Benefits from CETA? Some Implications of Most-Favoured Nation Treatment by Lawrence
More information1of 23. Learning Objectives
Learning Objectives 1. Describe the various situations in which a country may rationally choose to protect some industries. 2. List the most common fallacious arguments in favour of protection. 3. Explain
More informationI also request the opportunity to appear at the public hearing on June 27, A summary of that testimony is also attached.
Linda Dempsey Vice President International Economic Affairs June 12, 2017 Filed via www.regulations.gov Mr. Edward Gresser Chair of the Trade Policy Staff Committee United States Trade Representative 600
More informationON: Negotiating Objectives for a U.S.-European Union Trade Agreement. TO: Office of the U.S. Trade Representative. BY: U.S. Chamber of Commerce
ON: Negotiating Objectives for a U.S.-European Union Trade Agreement TO: Office of the U.S. Trade Representative BY: U.S. Chamber of Commerce DATE: December 14, 2018 1615 H Street NW Washington, DC 20062
More informationNAFTA's Prospects and Preserving its Benefits Views from the US, Mexico and Canada. January
NAFTA's Prospects and Preserving its Benefits Views from the US, Mexico and Canada January 24 2017 NAFTA's Prospects and Preserving its Benefits Views from the US, Mexico and Canada Paul Burns, Parnter,
More informationThe United States Trade Representative s Summary of Objectives:
The North American Free Trade Agreement Renegotiation The United States Trade Representative s Summary of Objectives: July 2017 and November 2017 Side-by-Side The following pages contain the text of two
More informationPublic Comments. National Association of Manufacturers Washington, DC. Before the United States Trade Representative
Public Comments National Association of Manufacturers Washington, DC Before the United States Trade Representative Concerning Objectives with respect to Japan s Participation in the Proposed Trans-Pacific
More informationBrexit: Deal or No Deal. Written Testimony for the UK House of Lords EU Select Committee Inquiry
Brexit: Deal or No Deal Written Testimony for the UK House of Lords EU Select Committee Inquiry Introduction 1. The U.S.-UK Business Council represents the interests of investors with significant equities
More informationThinking Outside the Trade Treaty Box Remarks by Scott Sinclair made to the CLC Industrial Policy Conference September 22, 2004
Volume 5 Number 3 November 2004 Thinking Outside the Trade Treaty Box Remarks by Scott Sinclair made to the CLC Industrial Policy Conference September 22, 2004 While trade treaties have limited many of
More informationEmeritus Professor Dr Zakariah Abdul Rashid. Executive Director Malaysian Institute of Economic Research
Emeritus Professor Dr Zakariah Abdul Rashid Executive Director Malaysian Institute of Economic Research LAUNCHING THE RCEP NEGOTIATION Negotiation was launched during 21 st ASEAN Summit, November 2012
More informationBudget 2017/18 Submission
Budget 2017/18 Submission On behalf of the Alberta Chambers of Commerce (ACC) federation, we respectfully submit recommendations to the Minister of Finance to inform the 2017-2018 Federal Budget. These
More informationFebruary 13, RE: Consultation Regarding Risk-based Global Insurance Capital Standards
February 13, 2015 To Whom It May Concern International Association of Insurance Supervisors c/o Bank for International Settlements CH-4002 Basel Switzerland RE: Consultation Regarding Risk-based Global
More informationSFIA Legal Task Force Series: Updates on Changing International Trade Landscape Webinar
SFIA Legal Task Force Series: Updates on Changing International Trade Landscape Webinar SFIA Host: Jonathan Michaels, SFIA Webinar Moderator: Mark Granger, Granger Legal Consulting Presenters: Bill Sells,
More informationNAFTA and the Automotive Industry
NAFTA and the Automotive Industry John Holmes Queen s University Academic Partner, APRC holmesj@queensu.ca 61 st Annual EDCO Conference Toronto, February 7, 2018 Trump s 100-day Action Plan to Make America
More informationSINGAPORE AND COSTA RICA SIGN FREE TRADE AGREEMENT
SINGAPORE AND COSTA RICA SIGN FREE TRADE AGREEMENT SINGAPORE, 6 April 2010 - Singapore and Costa Rica today signed the Singapore-Costa Rica Free Trade Agreement (SCRFTA), strengthening bilateral ties between
More informationUnderstanding the WTO Agreement on Government Procurement
Understanding the WTO Agreement on Government Procurement Jianning Chen, Legal Affairs Officer World Trade Organization Bangkok 26 May 2016 Content I. What is the WTO Agreement on Government Procurement?
More informationRegulatory Cooperation between the United States, Canada and Mexico leading the world towards a new model of international coordination
May 1, 2018 The Honorable Steven T. Mnuchin Secretary of the Treasury 1500 Pennsylvania Ave. NW Washington, DC 20220 Dear Secretary Mnuchin, Regulatory Cooperation between the United States, Canada and
More informationThe Rise Of Regionalism In The Multilateral System And Features Of Preferential Trade Agreements In Asia And The Pacific
The Rise Of Regionalism In The Multilateral System And Features Of Preferential Trade Agreements In Asia And The Pacific Enhancing the contribution of PTAs to inclusive and equitable trade: Viet Nam 15-17
More informationTestimony. of Linda Dempsey Vice President, International Economic Affairs National Association of Manufacturers
Testimony of Linda Dempsey Vice President, International Economic Affairs National Association of Manufacturers before the Subcommittee on Livestock and Foreign Agriculture of the Committee on Agriculture
More informationChapter 2 Development of rules, including trade agreements
Chapter 2 Development of rules, including trade agreements Part II. Chapter 2. Section 2 explained the need to adopt a free and fair high-level trade policy in consideration of the changes occurring in
More informationPlanning for life after NAFTA
Planning for life after NAFTA An Economist Intelligence Unit research program sponsored by KPMG March 22, 2018 Written by: The North American Free Trade Agreement (NAFTA) is at least as controversial today
More informationNAFTA: Renewal or Rejection? What Canada is up against
NAFTA: Renewal or Rejection? What Canada is up against NAFTA renegotiations kicked off last week, and while U.S. Trade Representative (USTR) Robert Lighthizer didn t mince words, it s unlikely to be a
More informationDelegations will find attached the partially declassified version of the above-mentioned document.
Council of the European Union Brussels, 15 December 2015 (OR. en) 9036/09 EXT 2 WTO 80 SERVICES 21 CDN 13 PARTIAL DECLASSIFICATION of document: dated: 24 April 2009 new status: Subject: 9036/09 WTO 80
More informationFREE TRADE AGREEMENT BETWEEN GEORGIA AND TURKMENISTAN AGREEMENT ON FREE TRADE BETWEEN THE GOVERNMENT OF GEORGIA AND THE GOVERNMENT OF TURKMENISTAN
FREE TRADE AGREEMENT BETWEEN GEORGIA AND TURKMENISTAN AGREEMENT ON FREE TRADE BETWEEN THE GOVERNMENT OF GEORGIA AND THE GOVERNMENT OF TURKMENISTAN The Government of Georgia and the Government of Turkmenistan,
More informationPlurilateralism: A New Way of Trade Liberalism?
Plurilateralism: A New Way of Trade Liberalism? E-Leader Vienna 6 8 June, 2016 Ludmila Sterbova University of Economics, Prague Historical Background of Trade Liberalism/1 20 th Century 1929-30 Great Depression
More informationCross-Border Consumption Taxation of Digital Supplies
Cross-Border Consumption Taxation of Digital Supplies Sample excerpt Abstract Consumption taxes such as value added tax (VAT) or goods and services tax (GST) are an important revenue source for several
More information2005/FTA-RTA/WKSP/010a Peru s FTAs/RTAs
/FTA-RTA/WKSP/010a Peru s FTAs/RTAs Submitted by: Julio Chan APEC Director, Ministry of Foreign Trade and Tourism, Peru Workshop on Identifying and Addressing Possible Impacts of RTAs/FTAs Development
More informationComments in Response to Executive Order Regarding Trade Agreements Violations and Abuses Docket No. USTR
Comments in Response to Executive Order Regarding Trade Agreements Violations and Abuses Docket No. USTR 2017 0010 Submitted by Business Roundtable July 31, 2017 Business Roundtable is an association of
More informationInternational Trade Bulletin
March 2014 International Trade Bulletin The Long and Winding Road - Canada-Korea Free Trade Agreement Signed After a ten year rollercoaster negotiation, Canada and South Korea ( Korea ) signed the Canada-Korea
More informationCETA: Opening New Doors for European Businesses in Canada
CETA: Opening New Doors for European Businesses in Canada Mario Nigro Eric Bremermann November 2016 FALL 2016 CETA Setting New Standards Eliminates Most Tariffs Promotes and Protects Investment Addresses
More informationIndia s Trade Policy and Global Trade Initiatives
India s Trade Policy and Global Trade Initiatives Ambassador Frank Wisner International Affairs Advisor Former US Ambassador to India Frank Samolis Partner Co-chair, International Trade Practice Group
More informationNeed More Multilateral Efforts on Facilitating FDI Flow. Zhang Yunling Professor, Director International Studies, CASS
Need More Multilateral Efforts on Facilitating FDI Flow Zhang Yunling Professor, Director International Studies, CASS I. Trend of FDI Flow FDI flow plays a key role in globalization. The size of FDI flow
More informationThe cost to Canada of 5 key U.S. proposals
The cost to Canada of 5 key U.S. proposals Washington and Ottawa are experiencing one of their coldest winters in decades a fitting backdrop to the frosty state of NAFTA renegotiations between the U.S.,
More informationWhither the WTO? Ian Sheldon Tweeten Policy Lecture. Department of Agricultural, Environmental and Development Economics February 4, 2014
Whither the WTO? Ian Sheldon Tweeten Policy Lecture Department of Agricultural, Environmental and Development Economics February 4, 2014 Where is the WTO at present? December 2013, WTO agreement on trade
More informationIndustry Contributions:
Mining Association of Canada (MAC) 2018 Pre-Budget Submission A more productive and competitive mining industry can advance Indigenous reconciliation and support the transition to a lower carbon economy,
More informationRole of RCI in Addressing Developing Asia s Long-term Challenges
Role of RCI in Addressing Developing Asia s Long-term Challenges Yasuyuki Sawada Chief Economist and Director General Economic Research and Regional Cooperation Department Asian Development Bank International
More informationAs Prepared for Delivery. Preserving North American Growth, Jobs, and Competitiveness: An Address to the AmCham Mexico
Introduction Preserving North American Growth, Jobs, and Competitiveness: An Address to the AmCham Mexico Address by THOMAS J. DONOHUE President and CEO, U.S. Chamber of Commerce October 10, 2017 Mexico
More informationComments on Public Consultation Document Addressing the Tax Challenges of the Digitalisation of the Economy
Ernst & Young, LLP 1101 New York Avenue, NW Washington, DC 20005-4213 Tel: +202-327-6000 ey.com 6 March 2019 Organisation for Economic Co-operation and Development Centre for Tax Policy and Administration
More informationNAFTA Verifications: New Concerns for Exporters and Producers* Steven W. Baker**
Introduction NAFTA Verifications: New Concerns for Exporters and Producers* Steven W. Baker** Securing the beneficial tariff treatment afforded to originating goods in NAFTA trading relationships requires
More informationImportance of the U.S. Mexico Trade Relationship
Importance of the U.S. Mexico Trade Relationship Pat Ottensmeyer, President and Chief Executive Officer The Kansas City Southern TEGMA Fall Symposium September 15, 2017 KCS Rail Network: Seamless Trade
More informationProsperity Through Trade
Prosperity Through Trade CANADIAN AGRI-FOOD TRADE ALLIANCE Suite 1402 150 Metcalfe Street Ottawa, Ontario K2P 1P1 Tel: (613) 560-0500 Fax: (613) 233-2860 www.cafta.org Email: office@cafta.org Introduction
More informationKeeping Trade on Track
Keeping Trade on Track Education Mediation Arbitration Networking Safe Food for Canadians Regulations Regulatory Requirement for a DRC Membership www.fvdrc.com Fred Webber, President March 2018 Overview
More informationSUBMISSION TO THE MINISTRY OF FOREIGN AFFAIRS AND TRADE PROPOSED NEW ZEALAND/EUROPEAN UNION FREE TRADE AGREEMENT FEBRUARY 2016
SUBMISSION TO THE MINISTRY OF FOREIGN AFFAIRS AND TRADE PROPOSED NEW ZEALAND/EUROPEAN UNION FREE TRADE AGREEMENT FEBRUARY 2016 Introduction and Summary This submission is made on behalf of the New Zealand
More informationThis week, the round has been about progressing in all areas including:
Source: European Commission Subject: Press Conference on 10 th TTIP negotiation round Date: July 17 2015 Following the conclusion of the 10 th TTIP negotiation round today in Brussels, the Chief negotiators,
More informationThe EU-Canada Comprehensive Economic and Trade Agreement (CETA) Opening up a wealth of opportunities for people in Hungary
The EU-Canada Comprehensive Economic and Trade Agreement (CETA) Opening up a wealth of opportunities for people in Hungary CETA will benefit people across Hungary It'll do so by: Scrapping customs tariffs
More informationGENERAL BACKGROUND ON REGIONAL TRADE AGREEMENTS IN LATIN AMERICA May 2003
GENERAL BACKGROUND ON REGIONAL TRADE AGREEMENTS IN LATIN AMERICA May 2003 ANDEAN GROUP Following difficult years in the 1970s and 1980s the integration process between members of the Andean group was revitalized
More informationBenefits to U.S. Agriculture
FACT SHEET: North American Free Trade Agreement (NAFTA) The final provisions of the North American Free Trade Agreement (NAFTA) were fully implemented on January 1, 2008. Launched on January 1, 1994, NAFTA
More informationBudget 2016 Summary. Budget 2016 will implement a plan to invest more than $120 billion in infrastructure over 10 years, including:
Budget 2016 Summary Infrastructure Budget 2016 will implement a plan to invest more than $120 billion in infrastructure over 10 years, including: - $3.4 billion over three years to upgrade and improve
More informationEXECUTIVE SUMMARY AND RECOMMENDATIONS
300-251 Bank St. Ottawa, Ontario K2P 1X4 www.canadians.org / 1-800-387-7177 Submission to Global Affairs Canada on NAFTA Renegotiation EXECUTIVE SUMMARY AND RECOMMENDATIONS By The Council of Canadians
More informationThe following comments are submitted on behalf of the Metals Service Center Institute
Comments of Metals Service Center Institute ( MSCI ) Concerning Policy Recommendations on the Global Steel Industry Situation and Impact on U.S. Steel Industry and Market Docket No. USTR-2016-0001 The
More information3a. Aquarius is more efficient at producing T-shirts, since a worker s daily
CHAPTER 15 1a. Ada is more efficient at preparing a tax return since she can do it in less time (4 hours) than it takes Paulo (12 hours). Ada is less efficient at painting a kitchen, since she does it
More informationStatement by. John P. LaWare. Member, Board of Governors of the Federal Reserve System. before the. Committee on Banking, Finance and Urban Affairs
For release on delivery 10:00 am, EDT September 28, 1993 Statement by John P. LaWare Member, Board of Governors of the Federal Reserve System before the Committee on Banking, Finance and Urban Affairs
More informationTHE TRANSATLANTIC ECONOMIC AREA
20/01/2005 Nº 11 ECONOMICS THE TRANSATLANTIC ECONOMIC AREA Pedro Schwartz, Professor of Economics at the University of San Pablo-CEU Francisco Cabrillo, Professor of Applied Economics at the Complutense
More informationRaising Standards of Regional Liberalisation
Raising Standards of Regional Liberalisation Re-shaping APEC for the Asia-Pacific Century 11-12 December 2006 Melbourne, Australia Andrew L. Stoler 1 Introduction In the first six years of the Twenty-first
More information