Ralph Goodale, Canada’s minister of public safety and emergency preparedness, ended his weeklong trip to Israel with an agreement that will facilitate trade between the two countries.
Goodale and his Israeli counterpart, Public Security Minister Gilad Erdan, signed a Mutual Recognition Arrangement between the Canada Border Services Agency (CBSA) and the Israel Tax Authority regarding a program called Trusted Trader.
Trusted Trader programs are designed to enhance security through the establishment of “customs to business partnerships,” and through streamlined border protocols for pre-approved, low-risk traders.
The agreement means that members of the CBSA’s Partners in Protection program will be recognized by, and receive trade facilitation benefits from, the Israel Tax Authority.
The CBSA will reciprocate by providing similar benefits to members of Israel’s Authorized Economic Operator program, Goodale’s office explained.
The agreement is aimed at “achieving the common goals of growing our economies by facilitating trade; keeping our citizens safe by recognizing our low-risk traders; focusing our respective resources on higher, or unknown, risk; and strengthening our relationships,” Goodale stated.
Click here to view the complete CJN article.