International Trade Compliance

The CFIA Chronicle - Fall 2018

December 7, 2018

For the latest on CFIA initiatives, services, research and other news – check out the latest edition of The CFIA Chronicle.

It includes the following articles:

World Trade Report 2018 highlights transformative impact of digital technologies on trade

November 22, 2018

The 2018 edition of the WTO’s flagship publication, the World Trade Report, finds that digital technologies — namely the Internet of Things, artificial intelligence, 3D printing and Blockchain — will have a profound impact on global trade, adding up to 34 percentage points to trade growth by 2030 thanks to lower costs and higher productivity.

CBSA Pilots IBM Maersk TradeLens Blockchain Solution

November 14, 2018

[On October 25, 2018] Maersk announced that the Canada Border Services Agency (CBSA) has agreed to pilot TradeLens, a blockchain-enabled digital shipping solution jointly developed by Maersk and IBM to promote more efficient and secure global trade.

USMCA Provision Could Deter Trade Agreements with China

October 20, 2018

A provision in the updated NAFTA concluded this past weekend could make it more difficult for Canada and Mexico to pursue potential free trade agreements with China. Observers say the Trump administration could look to insert a similar provision in possible FTAs with the European Union and Japan as part of its effort to pressure Beijing to advance economic reforms.

A New Deal for North America

October 20, 2018

Monday was a very good day for Canada. Following months of tense negotiations, exporters woke up to the news that a new deal for North American trade was finally inked: the US-Mexico-Canada Agreement (USMCA). Suddenly, the number one concern for Canada’s exporting community was taken off the table, adding badly-needed clarity to the economic future.

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