EU to enhance Customs cooperation with Canada

EU to enhance Customs cooperation with Canada
# 04 March 2013 23:45 (UTC +04:00)

Baku-APA. The European Union (EU) and Canada are set to enhance and expand cooperation on Customs affairs after an agreement signed Monday in Brussels, APA reports quoting Xinhua.

The agreement, according to a statement released by the Commission, would include supply chain security and related risk management matters into existing customs cooperation agreement taking effective in 1998 between the EU and Canada.

It will allow closer cooperation between the two parties, with a view to ensuring a high level of security while facilitating legitimate trade between the EU and Canada, says the statement.

The agreement was signed by Rory Montgomery, Permanent Representative of Ireland to the EU and Heinz Zourek, Director General of DG Taxation and Customs Union in the European Commission, and David Plunkett, Ambassador of Canada to the EU.

Algirdas Semeta, Commissioner responsible for Customs, highly appraises the agreement.

"In a globalised world with globalised trade, no country can ensure the security of their supply chain in isolation. International cooperation is essential to protect citizens' security while allowing the smooth flow of trade," said Semeta.

Further cooperation will include work towards mutual recognition of risk management techniques, risk standards, security controls, and trade partnership programmes, according to the agreement.

"This agreement with Canada will give us the tools to improve customs controls while cutting red tape for safe traders in both our territories" Semeta said.

The EU and Canada reached an agreement in the area of customs cooperation and mutual assistance in customs matters, which entered into force in Jan. 1, 1998. Both sides are contracting parties of the International Customs Co-operation and Mutual Administrative Assistance Agreements, which includes South Korea, China's Hong Kong, the United States, India, China and Japan.

Besides, the EU also enters into bilateral Partnership and Co-operation Agreements with a number of countries and regions, including Russia and Ukraine, which cover customs cooperation and include a protocol on mutual administrative assistance.

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