Canada has withdrawn the Most-Favoured-Nation (MFN) status from Russia and Belarus, effective March 2, 2022. Here’s how it will affect those of you who import goods from the two countries.
As part of its Trade Compliance Strategy and to supplement trade compliance verification efforts, the Canada Border Services Agency (CBSA) is deploying three new trade compliance tools. They target specific import transactions, as opposed to trade compliance verifications, which examine all importations over a period of time (normally one year).
The Canada Border Services Agency has announced that CARM Release 2 is now scheduled to be launched no earlier than January 2023. A specific date will be announced at a later time. In the meantime, please ensure that you and your staff are registered on the CARM Client Portal.
The Canada Border Service Agency (CBSA) has released a list of verification priorities for 2022. Paying close attention to these lists is vital for importers that import these targeted commodities and the potential issues regarding regulatory compliance.
Are you ready for CARM? To avoid significant delays or interruptions, now is the time to register and get your importing bond in place.
The CBSA hosts regular webinars and Open Mic forums on onboarding to the CARM Client Portal. Here’s how to register. Next webinar: Nov 16, 2021