Tuesday, November 24, 2015

ABC Customs Brokers Ltd.



Recent Trade News

Asia Set to Drive Global Trade Surge to US$68.5 Trillion
Nov 24, 2015 Star Media Group Berhad

World Customs Organization Declares 2016 to be the Year of Digital Customs
Nov 24, 2015 World Customs Organization

U.S. Eyes Food Exports to Growing Asia Under Trade Pact
Nov 24, 2015 The Associated Press

U.S. to Slap Tariffs on Canadian Glossy Paper Imports
Nov 24, 2015 The Canadian Press

China and U.S. Say They Have Made Strides in Trade Talks
Nov 24, 2015 The New York Times

Senators Call on FDA to Allow Certain Canadian Drug Imports
Nov 24, 2015 Regulatory Affairs Professionals Society (RAPS)

Why the TPP Will Benefit Both Auto Makers and Consumers
Nov 24, 2015 The Globe and Mail

$4.3 billion TPP Compensation for Canada’s Dairy Industry is Not a Done Deal: Trade Minister Chrystia Freeland
Nov 24, 2015 The Financial Post

Canada Ends 19-year Ban on British Beef Imports
Nov 24, 2015 The Guardian

Obama Speaks for Canada, Says Both Countries Will Soon Sign the Trans-Pacific Partnership Agreement
Nov 24, 2015 The National Post

How Other Government Departments Facilitate the Flow of Your Imported Goods
Nov 19, 2015 ABC Customs Brokers

FDA Finalizes FSMA Produce Safety Rule, Food Import Rules
Nov 16, 2015 Food Safety News

The FDA Makes New Safety Rules for Raw Produce
Nov 16, 2015 NYSE Post

FDA Completes Long-Awaited Food-Safety Rules
Nov 16, 2015 The Wall Street Journal

FDA Releases Groundbreaking Food Safety Rules for Produce Farms and Imported Food to Modernize and Strengthen Food Safety System
Nov 16, 2015 U.S. Food and Drug Administration

China Warns WTO Its Cheap Exports Will Soon Be Harder to Resist
Nov 16, 2015 Reuters

CBP Public Private Partnerships: Key to Improving Security of Nation’s Ports of Entry
Nov 16, 2015 Homeland Security Today

The Jedi Effect: How Star Wars Is Boosting U.S. Toy Imports
Nov 16, 2015 Bloomberg Business

No Interest in the Extension of the Softwood Lumber Agreement
Nov 16, 2015 The Timber Network

New Cargo Screening Regulations Affect Entire Air Freight Industry
Nov 16, 2015 Handy Shipping Guide

How the G20 Can Revive World Trade
Nov 16, 2015 The BRICS Post

Agriculture Minister Favours TPP Deal, Poised for Trade Fight with U.S.
Nov 16, 2015 Rod Nickel

Trade Between Canada and Africa to Grow by $10 Billion
Nov 10, 2015 Fresh Plaza

Free Trade with China is Canada’s Next Natural Step
Nov 10, 2015 The Globe and Mail

China Passes Canada as the Largest U.S. Trade Partner
Nov 10, 2015 Global News

Read More News »


Minister Fast Highlights Ways to Strengthen Canada-U.S. Advantage

Foreign Affairs and International Trade Canada Mar 13, 2012

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today wrapped up his visit to the United States, where he stressed the value in leveraging the Canada-United States competitive advantage in new trade negotiations, including the Trans-Pacific Partnership (TPP).

“Canada and the United States have the largest bilateral trading relationship in the world,” said Minister Fast. “As neighbours and friends, we can and should build the TPP together. As like-minded allies, we can ensure that high standards are included in the TPP on such issues as investment, regulatory cooperation, state-owned enterprises and labour provisions.”

The Trans-Pacific Partnership is a free-trade agreement under negotiation by, at present, nine countries, including the United States. Since Prime Minister Stephen Harper announced Canada’s formal interest in joining the TPP negotiations, in November 2011, Minister Fast has held meetings with his counterparts from all nine TPP countries (Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam).

In Washington, D.C., Minister Fast addressed an investor conference to promote Canada as an investment destination of choice, highlighting the country’s strong economic fundamentals, low taxes and business-friendly policies. He also held meetings with U.S. Trade Representative Ron Kirk, Secretary of Commerce John Bryson, and other key U.S. officials and policy-makers. In New York City, he met with business and political leaders to underscore how free trade has created jobs and prosperity on both sides of the border.

“U.S. jobs and prosperity are best served by having Canada join the TPP negotiations at the earliest opportunity,” said Minister Fast. “Canada’s participation in the TPP is critical to preserving the jobs and prosperity that exist for U.S. workers, businesses and families thanks to our integrated economies and supply chains.”

Minister Fast said he was pleased that, in the U.S. Federal Register process concluded in January 2012, the response of U.S. stakeholders to Canada’s inclusion in the negotiations was overwhelmingly supportive.

“More than 91 percent of the submissions supported Canada’s membership in the TPP,” said the Minister. “This is a clear recognition by U.S. stakeholders that, as each other’s largest trading partner, and with our integrated economies that support millions of jobs on both sides of our shared border, Canada’s inclusion in the TPP is critical to ensuring the future prosperity of both our countries.”

Minister Fast also described other ways Canada and the United States are currently working together to grow the two countries’ highly integrated economies. In December 2011, Prime Minister Stephen Harper and U.S. President Barack Obama announced the Action Plan on Perimeter Security and Economic Competitiveness and the Action Plan on Regulatory Cooperation, which are designed to speed up trade and travel, improve security in North America and align regulatory approaches.

These plans—the most significant step forward in Canada-United States cooperation since the North American Free Trade Agreement—will create jobs and growth in both countries.

Over 10 million jobs in both countries depend on Canada-United States trade—8 million in the U.S. and 2.4 million in Canada. Canada and the United States are each other’s largest export market. In fact, Canada is the number one foreign market for goods for 35 of the 50 U.S. states.

For more information, please visit Minister Fast Travels to Washington, D.C., and New York City.

Read Full Article on Foreign Affairs and International Trade Canada »