Canadian Free Trade Agreement Article 513

“At the request of a party, the parties are consulting to consider expediting the removal of tariffs set out in their flight plans. An agreement between two or more contracting parties to expedite the removal of a tariff on a commodity deposited each tariff or additional category set in accordance with their flight plans, when approved by each of the contracting parties in accordance with its existing legislation.” There have been three tariff acceleration cycles between Canada. The second and third rounds took place in 2001 and 2002. There have been four rounds of tariff acceleration between the United States and Mexico: in 1997, 1998, 2000 and 2002. In December 2014, the federal, regional and territorial governments began negotiations to strengthen and modernize the Internal Trade Agreement (TIA). They were led by the premiers and the federal government to reach an ambitious, balanced and fair agreement that smoothes the competitive conditions for trade and investment in Canada. In order to be as confident as possible of the existence of an appropriate and limited reason for tendering, contract agents should refer to the limited bidding rules set out in existing trade agreements. Improved and modernized trade rules CfTA is making significant progress in Canada`s internal trade framework, improving the flow of goods and services, investment and labour mobility, removing technical barriers to trade, significantly expanding purchase coverage and fostering regulatory cooperation within Canada. Economic Impact GASTA is committed to promoting domestic trade, one of the main drivers of economic growth. Domestic trade accounts for about one-fifth of Canada`s annual GDP, or about $385 billion per year. According to the Bank of Canada, removing inter-provincial trade barriers could result in up to two-tenths of a percentage point per year in Canada`s potential output. In the case of restricted tenders, all of Canada`s free trade agreements allow contract agents to meet certain procedural obligations related to: limited tendering can only be used in certain circumstances. If more than one trade agreement is implemented, the limited provision of each agreement must provide an appropriate and limited justification for the tender.

NAFTA came into force on January 1, 1994.