On December 16, 2016, Canada ratified the WTO Trade Facilitation Agreement. The multilateral trade agreement is to lower trade costs by modernizing and simplifying customs and border operations. When fully implemented, it is expected to save $16 billion with the reduction in bilateral trade costs. Government of Canada News Release: http://news.gc.ca/web/article-en.do?nid=1170659&tp=1
Customs & Logistics News Story
Pertains to Canada
Published in December 30, 2016 issue
Published in December 30, 2016 issue