INTERNATIONAL REGULATORY ROUND UP – EU-CANADA TRADE DEAL WILL HELP CONFECTIONERS

EUROPEAN Union (EU) and Canadian confectioners can look forward to increasing their trans-Atlantic trade once a new free trade agreement between the EU and Canada comes into force, probably in 2015.The EU-Canada Comprehensive Economic and Trade Agreement (CETA), announced on October 18, will remove most tariffs for confectionery and sweet bakery products imposed by both sides on each other’s exports. This will include Canadian duties now imposed on chocolate (6%), chewing gum (9.5%), liquorice and toffee (both 10%). And EU tariffs will also tumble, including 8% ...


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