Companies exporting organic products now have the opportunity to benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force on December 30, 2018. The agreement spans 11 countries, representing 13.5% of global GDP and almost 500 million consumers.
A key highlight of particular interest to Canada’s organic sector is the elimination of tariffs by Japan on close to 32% of tariff lines on agriculture and agri-food products. Due to an organic equivalency arrangement between Canada and Japan, the elimination of certain tariffs opens up further opportunities for Canadian organic operators to export to this enormous market.
To gain a further understanding of the agreement and the opportunities for Canada’s agriculture and agri-food sectors, please refer to the Government of Canada’s information page.