TCI Logistics description: Comprehensive Economic Trade Agreement

The Comprehensive Economic Trade Agreement, CETA, is a new trade agreement between the EU and Canada and has come in to effect on September 21st, 2017.

This trade agreement allows for a reduction, and in some cases complete cancellation of import duties in Canada. In order to be eligible for these reductions, the exporting party needs to provide proof of the preferential EU-origin of the cargo. For any shipment with a total cargo value of up to ‚ā¨6.000.-, the shipper may issue their own declaration on the commercial invoice. But for shipments with a higher cargo value, the shipper needs to enroll as registered exporter (REX).

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