Effective January 1, 2015, the Canadian Government intends to withdraw eligibility to the General Preferential Tariff (GPT) from 72 higher-income and trade competitive countries (out of current 175 beneficiaries), including China, South Korea, India and Brazil. Of the 72 countries affected by this change 20 have preferential tariff with Canada though other trade agreements.
Entitlement to the benefit of the General Preferential Tariff is withdrawn in respect of all goods that originate in the following countries, effective January 1, 2015.
List of Countries Affected:
“Algeriaâ€, “American Samoaâ€, “Antigua and Barbudaâ€, “Antilles, Netherlandsâ€, “Argentinaâ€, “Azerbaijanâ€, “Bahamasâ€, “Bahrainâ€, “Barbadosâ€, “Bermudaâ€, “Bosnia and Herzegovinaâ€, “Botswanaâ€, “Brazilâ€, “Bruneiâ€, “Cayman Islandsâ€, “Chileâ€, “Chinaâ€, “Colombiaâ€, “Costa Ricaâ€, “Croatiaâ€, “Cubaâ€, “Dominicaâ€, “Dominican Republicâ€, “Ecuadorâ€, “Equatorial Guineaâ€, “French Polynesiaâ€, “Gabonâ€, “Gibraltarâ€, “Grenadaâ€, “Guamâ€, “Hong Kongâ€, “Indiaâ€, “Indonesiaâ€, “Iranâ€, “Israelâ€, “Jamaicaâ€, “Jordanâ€, “Kazakhstanâ€, “Kuwaitâ€, “Lebanonâ€, “Macaoâ€, “Macedoniaâ€, “Malaysiaâ€, “Maldivesâ€, “Mariana Islandsâ€, “Mauritiusâ€, “Mexicoâ€, “Namibiaâ€, “New Caledonia and Dependenciesâ€, “Omanâ€, “Palauâ€, “Panamaâ€, “Peruâ€, “Qatarâ€, “Russiaâ€, “Saint Kitts and Nevisâ€, “Saint Luciaâ€, “Saint Vincent and the Grenadinesâ€, “Seychellesâ€, “Singaporeâ€, “South Africaâ€, “South Koreaâ€, “Surinameâ€, “Thailandâ€, “Trinidad and Tobagoâ€, “Tunisiaâ€, “Turkeyâ€, “Turks and Caicos Islandsâ€, “United Arab Emiratesâ€, “Uruguayâ€, “Venezuela†and “Virgin Islands, U.S.A.â€
Least Developed Country Tariff (LDCT):
Entitlement to the benefit of the Least Developed Country Tariff is withdrawn effective January 1, 2015 in respect of all goods that originate in Equatorial Guinea and Maldives.