Plain meaning
A free trade agreement between Canada and Colombia.
Also called
CCOFTA
Key points
- Preference claims require goods to meet applicable rules of origin.
- The agreement can reduce or eliminate customs duties on qualifying goods.
- Supporting origin records matter if CBSA verifies the claim.
- Trade-agreement coverage can also include services, investment, labour, or environmental commitments.
Why it comes up
The agreement affects tariff preferences, origin rules, and trade-policy coverage for Canada-Colombia commerce.