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Canada- Colombia Free Trade Agreement

Main objective of the trade agreement

  • Enhance engagement throughout the America’s and pursue more bilateral trade agreements
  • To deepen its trade and investment relations with Colombia
  • To ensure both countries respect labour and enviromental rights

level of integration

Two way merchandise exchange

Canadian merchandize exports

to Columbia totalled

$644 million in 2010

and Canadian merchandize

imports from Columbia

totalled $717 millon.

Background

  • Trade started back in August 2002
  • On June 2007 they launched the free trade negotiations
  • Finally signed on November 21 2008
  • Entered into Force August 15 2011

Relationship

Strong partnership based on principles on sound science that is paying dividends for Canada’s farmers

Good commercial and investment relation and this can be proved by the presence of Canadian companies in Columbia in the mining, printing and oil exploration sectors

  • To provide market opportunities for Canadian Agri-food products including pork, beef, vegetables, cereals, machinery, paper and paperboard and vehicles and help canidian investment in mining and oil drilling in colombia
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