Traduction de «Investissements en biens corporels et stocks » (Français → Anglais) :

16. A supply of tangible personal property made by way of sale to a person operating a duty free shop licensed as such under the Customs Act where the person acquires the property as inventory for supply by way of sale at the shop to an individual for export by the individual and the person provides the supplier with the licence number of the shop.

221.1 (1) In this section, “inventory” of a person means tangible personal property of the person acquired in Canada or imported by the person for supply by way of sale in the ordinary course of a business carried on by the person in Canada.

whereas, although the economic relationships between the EU and the US are among the most open in the world, and although transatlantic markets are deeply integrated through large flows of trade and investment (with a bilateral trade volume of EUR 702,6 billion, and a bilateral investment stock valued at EUR 2,394 trillion, in 2011), there is a general consensus that the potential of the transatlantic relationship is far from being ...[+++] fully exploited, whereas the EU and US share common values, similar legal systems and high standards of labour and environmental protection, and should exploit these synergies to secure the growth and jobs both partners need, and whereas a study carried out in 2009 for the Commission identified the most important non-tariff measures that affect trade between the EU and the US, and estimated their economic impact, suggesting that the removal of half of such existing measures and regulatory divergences would translate into an increase in GDP of EUR 163 billion until 2018 on both sides of the North Atlantic;

Investments in infrastructure and equipment, but also in innovation and research, will raise an economy's capital stock.

The Commission has accepted this aid although it does not fully correspond to the Commission's own guidelines for investment aid in the milk sector (which would exclude aid for eg. investment in the production of butter and skim milk powder). In doing so, it has taken account of the specific situation in East Germany, and in particular of the facts that - the difficult situation of the dairy sector is a direct consequence of the economic system prevailing in this region until some months ago; the individual firms cannot be blamed for it, - the East German market has been ...[+++] opened up to "western" competition in the absence of any kind of transitional period, which otherwise would have been the normal procedure, - the issue at stake is one of a total replacement of existing production capacity and not one of gradual or partial modernization of an existing capital stock, - the Commission's guidelines were not made for such a situation, but reacted to a totally different problem in a different environment, - the aid does not put producers elsewhere in the Community in a less satisfactory situation than that prevailing until late in 1990.

Its main imports from the Union are capital goods (machine tools, machinery, aerospace equipment etc.) and chemicals (c) Investment The European Union is the leading foreign investor in Mercosur, which accounts for 70% of European direct investment in Latin America.