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New Trade Deals a World of Opportunity for Canadian Cosmetics

30/10/2018

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Comprehensive and Progressive Agreement for Trans-Pacific Partnership

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Image. EDC, 2018
Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) takes hold as 6 of 11 countries now signed. This is a great opprotuntiy for Canadian companies to explore and welcome new markets. "Canada was the fifth country to ratify, filing its notice last weekend after Parliament approved its implementing legislation. Earlier this week, International Trade Diversification Minister Jim Carr said it was important for Canada to be among the first six to ratify in order to have "first-mover advantage," enjoying better access and lower tariffs in key Asian markets the U.S. will not have as a result of the Donald Trump administration's decision to pull out.
"Canada will be the only G7 nation with a free trade agreement with the other six," Carr reminded reporters on his way into question period Wednesday.
It's also another way Canada hopes to diversify its trade, with a longer-term goal of less reliance on U.S. consumers for Canadian goods and services, particularly at a time when the U.S. is a less friendly trading partner than it used to be. (CBC, 2018)

The Canadian Cosmetic Cluster part of the Cosmetic Cluster Interntational Network. This gives us an opportunity to partner with all the other international clusters. This year Japan was honoured  at the Cosmetic 360 Show by the Cosmetic Valley for being the first international cluster to join the Cosmetic Valley France and the CCIN. Japan has already ratified into the CPTPP. Agreements like the CPTPP or CETA are perfect moment for Canadian companies to familiarize themselves with new international market like Japan and go global. The Canadian Cluster is here to provide various ways to partner with other countries to find out the best international market place for your company or product. 
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    Canadian Cosmetic Cluster Team 

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  • Welcome to the Cluster
    • Our Services >
      • Formulation Labs
      • Certification Guidance
      • Beauty Business School
      • Cosmetic Incubator Training
      • Cosmetic Industry Opportunities
    • Canadian Cosmetic Cluster
    • Global Services
    • Privacy Policy
  • Cluster Activities
    • Beauty By The Sea Project
    • Trade Mission To France / INNOLYMPIAD >
      • Cosmetic Week 2023
      • Symposium
    • Korean Trade Mission To Canada >
      • June Innovation Night Out 2024
      • Korean Beauty Day
    • Virtual International Day
  • Cluster Updates
  • Welcome to the ChemBox 2023
    • Oat Oil
    • Watermelon Extract Powder
    • Blueberry Extract Powder
    • Grape Seed Oil
    • Seabalance 2000
  • ChemBox 2nd Edition
    • Nanovetores
    • Charles Tennant
    • Upcycled Beauty NECTA
    • Native Extracts
    • Glacial Bay Clay
    • CoSeed Bio Pharm Co
    • Simply Ingredients - Green Tea Wax
    • NAP Tea Tree Oil
  • Pilot ChemBox
    • Provital
    • Biolie - Ruby Red
    • INdermal - DDS Retinol
    • Mirexus - Phytospherix
    • Upcycled Beauty
    • MMP
    • Natural Immunogenics
    • Simply Ingredients - Hyaluronic Acid
    • Manicouagan Sea Minerals
    • Packaging
  • ChemBox Solutions
    • ChemBox Ingredients
    • ChemBox Packaging
    • ChemBox Prototypes
  • Cluster Members
    • Raw Material Suppliers
    • Packaging Suppliers
    • Claims and Testing