Canada–United States Automotive Products Agreement
Canada–United States Automotive Products Agreement: concluded in 1965 and entered into force in September 1966. It permitted some motor vehicle manufacturers to bring vehicles, parts and accessories into Canada from the United States free of import duties. Some performance requirements had be met by companies participating in the scheme. The last time new applicants were given permission to participate in the scheme was on 31 July 1989. The Agreement became an irritant especially for Japanese car manufacturers who began operations in the United States in the 1980s. In 2000 a WTO panel ruled that certain elements of the agreement violated Canada’s WTO obligations. The ensuing revisions have removed most of the reasons for the original agreement.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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