Flender/Flender Gear Units/Bevel-helical gear unit B3
r Statistics, August 1. 1 See ch. 7, table 7-6. echnology through the Center for Automotive Parts Technology. Manufacturers of

automotive gears are eligible for loans with partial deferral of principal and interest payments for up to 3 years. 1

The APTA provides for duty-free trade between the United States and Canada in original- equipment auto parts. Preferential duty treatment

for most products is also granted to the United Kingdom under the United Kingdom and Ireland Tariff. There have been

changes in Canada' trade policies with the advent of the United States-Canada Free Trade Agreement (FTA), which became effective January 1, 1. Under the FTA, nearly all duties will be eliminated by 1. Automotive products imports, including vehicle gearing, under the APTA will remain duty free, and tariffs on aftermarket automotive products will be phased out by 1. Recent investment policy changes have made it easier for foreign producers of gears and gearing to invest in Canada. Investment Canada, Federal Government agency, now exempts from review foreign investments in new businesses, as well as direct and indirect acquisitions of companies with assets below certain threshold. In addition, under the FTA, .. investments in Canada will be granted national treatment, which eliminates discrimi- nation based on nationality of ownership and the imposition of performance requirements on .. investors. Other competitive factors Gear and gear products manufacturers in Canada are not major force in the world market due to their relatively small overall size and their integration with the .. industry. With the exception of one firm currently striving to increase its share of the North American gear market, most of the firms are niche producers specializing in limited products for certain markets. As measure of Canadian competitiveness in markets other than the United States, market share of Canadian exports is insignificant. 1 USITC, .. G