The solution to these consequences concerns the exemptions to ROOs rules, where typically, the rules are waived for shipments with a face value of $1,000 or less
How Small Businesses Can Get a Better Deal Out Of FTAs
Toronto, – The high costs of complying with Rules of Origin (ROO) requirements mean that small and medium-sized firms (SMEs) often find it cheaper and more efficient to pay customs duties instead of producing the paperwork that would allow them access to preferential, often zero tariffs under trade agreements, according to a new report from the C.D. Howe Institute.
