Canada and EU sign supply chain security agreement

by MM&D staff

OTTAWA, Ontario—Although it’s not a free-trade deal, Canada has agreed to work more closely with European Union nations on matters of supply chain security.

An agreement, which was signed in Brussels, Belgium, will see the Canada Border Services Agency (CBSA) work in co-operation with the European Union’s Taxation and Customs Union Directorate General (TAXUD) to harmonize advance commercial information requirements, share best practices and collaborate in the development of risk management practices. It will also provide a formal path towards mutual recognition of already existing security control procedures and programs including the EU Authorized Economic Operator (AEO) and Canada’s Partners in Protection (PIP).

Although the agencies already co-operate, the agreement will allow Canada and its European allies to work more closely together on security issues while not impeding the movement of legitimate trade.

This new agreement expands upon the agreement already in effect between Canada and the EU on Customs co-operation and mutual assistance in Customs matters that entered into force on January 1, 1998.

“This agreement with the EU further demonstrates Canada’s commitment to support safe and secure global trade,” said federal minister of public safety Vic Toews.