A government notice from the Canada Gazette revealed that the Government of Canada is seeking views on proposed changes to the General Preferential Tariff (GPT).
Canada’s preferential tariff treatment for developing countries, the General Preferential Tariff (GPT), was implemented in 1974. Under the GPT, Canada currently offers duty-free or preferential market access to imports of most products from 175 designated beneficiaries. In 2011, imports under the GPT treatment totaled $15.2 billion.
Given the changes to the economy since 1974, including increases to income levels and trade competitiveness for certain developing countries, the Government agrees it is time to review this form of development assistance to ensure it is in line with Canada’s development policy objectives. Part of the Economic Action Plan of 2012 included the announcement that the Government is undertaking a comprehensive review of the GPT and looking to modify the list of beneficiary countries.
In order to meet the objectives of the Economic Action Plan 2012, the Government of Canada is seeking out views on the proposed changes to the GPT. If you would like to comment on the proposed changes, submit those amendments in writing by February 15, 2013 to the following address:
General Preferential Tariff Consultations
Department of Finance
International Trade Policy Division
L’Esplanade Laurier, East Tower, 14th Floor
140 O’Connor Street
General inquiries can be directed to Tariff and Trade Policy, Department of Finance, Tariff-Tarif@fin.gc.ca.