Post on 25-Jan-2017
transcript
Ukrainian American Bar AssociationOctober 15, 2016
Practice Experience
Knowledge
Education
Canada – Ukraine Free Trade Agreement. A Primer
Canada – Ukraine FTAJuly 11, 2016
2
Experience
Integrity
Value
Canada – Ukraine FTABackground
∞ Negotiations commenced 2010∞ 6 rounds of negotiations∞ Signed July 14, 2015∞ Foreign Investment Promotion and
Protection Agreement entered into force July 24, 1995
∞ Formally signed July 11, 2016∞ Ratification Date: ?∞ Effective Date: ? (acting as if in
effect)
3
Experience
Integrity
Value
Overview: Concentric Circle Approach – Core – Trade in Goods
Opportunities
Knowledge
Market Access
4
Canada-Ukraine FTA ChaptersChapter 1 – GeneralChapter 2 – National Treatment and Market AccessTariff Schedules
Overview: Concentric Circle Approach – Core – Trade in Goods
Knowledge
Experience
Compliance
5
Canada-Ukraine FTA Chapters-Chapter 2-Chapter 3 – Rules of Origin and Origin Procedures-Chapter 4 – Trade Facilitation-Chapter 6 – SPS-Chapter 7 - TBT
Overview: Concentric Circle Approach – Core – Comprehensive PTA
Experience
Opportunities
Access
6
Canada-Ukraine FTA ChaptersChapter 8 – E-CommerceChapter 9 – Competition, Monopolies Policy, SOEsChapter 10 – Government ProcurementChapter 11 – Intellectual Property
Overview: Concentric Circle Approach – Core – Operational
Knowledge
Transparency
Cooperation
7
Canada-Ukraine FTA Chapters-Chapter 15 – Cooperation-Chapter 16 –Administration-Chapter 17 – Dispute Settlement-Chapter 18 – Exceptions-Chapter 19 – Final Provisions
Overview: Concentric Circle Approach – Core – New Issues
Knowledge
Action
Experience
8
Canada-Ukraine FTA Chapters-Chapter 12 – Environment-Chapter 13 – Labour-Chapter 14 – Transparency/Anti-Corrpution
Canada – Ukraine FTA
∞ No trade in services chapter (BUT, Governments Procurement commitments include some services)
∞ No financial services chapter∞ No telecommunications chapter∞ No investment chapter∞ No labour mobility chapter∞ No energy chapter or energy products∞ No SME Chapter like TPP
Opportunities
Experience
Value
9
Canada – Ukraine FTA∞ Goods from Canada to Ukraine
∞ Ukraine will immediately eliminate tariffs on 86% of Canada’s current exports to Ukraine
∞ 14% of tariffs will be phased out over periods up to 7 years
∞ Beef, pork, canola oil, grains, soybeans, potatoes, French fries, apples, wines, ice wines, maple syrup, forestry and wood products, processed foods, pet feed and animal feed, frozen fish, caviar, cosmetics, pharmaceuticals, iron and steel products, plastics, aerospace, industrial machinery, chemicals, cultures, medications, cooling coal, boring and sinking machinery, trailers, semi-trailers, air compressors, tractors, reservoir tanks, motor boats, asphalt, tires, musical instruments, telescopes, periscopes, drilling tools, and meteorological, geophysical and other surveying instruments
Outbound
Customs
Market Access
10
Canada – Ukraine FTA (Cont’d)
∞ Goods from Ukraine to Canada∞ Canada will immediately eliminate tariffs
on 99.9% of current imports from Ukraine
∞ Industrial products, fish and seafood, agricultural products
∞ Sunflower oil, sugar, chocolate, candies, molasses, baked goods, vodka, beer, apparel, ceramics, iron and steel and minerals
∞ Canada excluded all over quota tariffs for supply managed products (dairy, poultry and eggs)
Inbound
Customs
Opportunities
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Reading the Tariff Schedules
∞ Tariff Item (e.g., 2208.60 = vodka)∞ Description∞ Base Rate (starting duty rate)∞ Staging Category
∞ 0 = Duty Free Immediately
∞ 5 = Duties Eliminated over 5 years
∞ 7 = Duties Eliminated over 7 years
∞ E = Exempt from duty reduction/elimination)
∞ Good news – vodka is duty free immediately
Market Access
Economic Sanctions
Knowledge
12
Opportunities – How USA Companies Can Benefit
Tax
Experience
Opportunities
13
US companies/importers can use the Canada-Ukraine FTA benefits by using NAFTA
Canada-Ukraine FTAGovernment Procurement
∞ Covers Canadian federal government contracts 7 10 Federal Agencies (e.g., Canada Post)
∞ Does not cover Canadian provincial or municipal contracts
∞ Covers Ukrainian central government entities, including government departments and agencies∞ Airports∞ Postal system∞ Public transportation (rail and subway)
Procurement
Goods
Integrity
14
Opportunities for Lawyers
∞ Trade in Goods
∞ Customs, Tariff Classification, Valuation
∞ Export Controls/Economic Sanctions
∞ Packaging and Labelling, Language Laws
∞ Standards, approvals
∞ IP Issues
∞ Government Procurement
∞ Assisting in preparation of RFPs, RFQs
Market Access
Economic Sanctions
Knowledge
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Cyndee Todgham Cherniak
cyndee@lexsage.comMobile: (416) 389-8999
The Gooderham "Flatiron" Building 49 Wellington Street East , Suite 501Toronto, Ontario M5E 1C9
Phone: 416-307-4168/416-760-8999Main Office: 647-290-4249Fax: 416-760-899
Experience