10 Tips On How To Profit From The CPTPP For Canadian Business

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP for short, is a new free trade agreement that aims to eliminate most tariffs across all sectors. In December of 2018, only six out of the 11 participating countries had ratified and implemented the agreement. Vietnam ratified the agreement in January of 2019.

To help Canadian businesses access the trade agreement, representatives from Export Development Canada (EDC) attended a workshop called Invest Ottawa by Christian Sivière who shared 10 valuable tips on how Canadian businesses can access the CPTPP. At the end of the workshop, Christian Sivière  summarized his tips as follows: Figure out which markets you and your business wish to export to, learn and understand the rule of origins for your product, create budgets and cost analyses of the logistics, and consider product adaptation or development of new products that may benefit from the CPTPP.

This post is also available in: Tiếng Việt

Discover

Sponsor

More...

Memories of Japan

At the end of April in 2019, I was lucky enough to afford a one-week vacation in Tokyo, Japan. In that...

Access to Personal Data of The Users Wouldn’t Be Free in The U.S.

You might have heard of the fact that you are giving away your personal information to companies when you click on...

Toronto Pearson Airport to limit the number of people allowed to enter the terminal starting June 1

According to Robin Smith, a spokesperson for the Greater Toronto Airports Authority (GTAA), a new policy at the Pearson International Airport will...

Cool Health Benefits of Pennywort

Dizzied by the broiling sun, we find relief  inside and out by drinking ground pennywort smoothies. Besides its cooling functions the plant...

A Beautiful Custom in Spring

"The first day is Father’s Tet, the second day is Mother’s Tet, the third day is Teacher’s Tet" is the idiom...

This post is also available in: Tiếng Việt