Free Trade Agreement Between Canada and the States of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland)

Country / jurisdiction: Iceland · Year: 2009 · Status: In force · Level: International · Type: Voluntary

The Free Trade Agreement Between Canada and the States of the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland) eliminates non-trade measures and import tariffs for most industrial and energy products including:

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries;

Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Semiconductors devices and photovoltaic cells;

Rule of origins delineated in the Agreement notably recognise the following criteria for goods to qualify for the tariff treatment defined in the Agreement

For ores, slag and ash: manufacturing materials that undergo changes through production process

For petroleum oils and gases  : certain refinery processes, including direct blending.

manufacturing materials incorporating materials of external origin valued below 50 - 65% of the transaction value of the good or the ex-works price of the product

Official source: https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/european-association-europeenne/fta-ale/index.aspx?lang=eng