Canada And Israel Free Trade Agreement
Posted by armin on April 8th, 2021
In Quebec, the Environmental Quality Act (EQA) is the most important law in the general application for environmental protection. This legislation is the basis of Quebec`s environmental approval system and the evaluation and verification process for certain projects (environmental assessment). More than 50 regulations have been adopted under the EQA, including the Clean Air Regulations, the Drinking Water Quality Regulation and the Greenhouse Gas Reduction Reduction System Regulations. In addition to the EQA, there is also the Pesticides Act and the pesticide management code associated with it. More information is available on the website of the Ministry of Sustainable Development, Environment and Climate Change in Quebec and in the list of laws and regulations for which it is responsible. In addition, seven new chapters have been added in the areas of trade facilitation, health and plant health measures, technical barriers to trade, intellectual property, e-commerce, labour and the environment. The abolition of tariffs under the modernized agreement is expected to further strengthen Canadian exports to the Israeli market, although Canada`s exports to Israel will continue to take a modest share of Canada`s world exports. This indicates that the growth in Canadian exports to Israel as a result of the modernized CIFTA will continue to account for a very modest share of total Canadian production and will therefore have a very modest environmental impact in Canada. Following the entry into force of the modernized CIFTA, almost all Canadian exports of agricultural, agricultural, food, fish and seafood products to Israel will receive preferential tariff treatment. This is an increase from 90% of these types of products receiving preferential tariff treatment under the un modernised CIFTA.
Canada will gradually grant duty-free access to Israeli imports of agricultural, agricultural and food products; However, tariffs on Canadian quotas on supply management products, such as milk, poultry and eggs, are maintained. These products are excluded from any reduction, extension or creation of quotas.4 New provisions are also added to remove non-tariff barriers and to put in place mechanisms for Canada and Israel to work together to discuss, present and resolve non-tariff barrier issues.5 It was signed on July 31, 1996 and came into force on January 1, 1997. It was Canada`s first free trade agreement outside the Western Hemisphere. 80% tariffs on most industrial and agricultural products have been eliminated. However, CIFTA does not cover certain agricultural sectors such as poultry, dairy products and eggs. [1] This chapter reaffirms the rights and obligations of the parties under the WTO agreement on the application of health and plant health measures („SPS agreement“) and ensures that WTO dispute settlement procedures continue to resolve all formal bilateral disputes between the parties regarding SPS measures. In addition, the chapter facilitates bilateral communication and cooperation on SPS trade issues to avoid and resolve SPS-related problems quickly when they occur. While Israel is not one of Canada`s major trading partners, the Canadian government has tried to put Canadian companies on an equal footing with U.S. companies that have benefited from the U.S.-Israel Free Trade Agreement. Bilateral trade increased through 2005 to $1.24 billion.
In addition, nine new chapters and a provision dealing with new and ongoing trade elements and issues have been added: Canada and Israel have introduced amendments and expanded the CIFTA to align with other modern trade agreements.