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Free Trade Agreements Of Canada
The free trade agreements of Canada represents Canada's cooperation in multinational trade pacts and plays a large role in the Canadian economy. Canada is regularly described as a trading nation, considering its total trade is worth more than two-thirds of its GDP (the second highest level in the G7, after Germany). Of that total trade, roughly 75% is done with countries that are part of free-trade agreements with Canada—primarily the United States through the Canada–United States–Mexico Agreement (CUSMA), and its predecessor the North American Free Trade Agreement (NAFTA). By the end of 2014, Canadas bilateral trade hit Can$1 trillion for the first time. Overview Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995. The ''North American Free Trade Agreement'' (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free-trade region in the world by GDP. By 2014, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asia-Pacific
Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Islands. Definition The term may include countries in North America and South America that are on the coast of the Eastern Pacific Ocean; the Asia-Pacific Economic Cooperation, for example, includes Canada, Chile, Mexico, Peru, and the United States. Alternatively, the term sometimes comprises all of Asia and Australasia as well as Pacific island nations (Asia-Pacific and Australian continent)—for example, when dividing the world into large regions for commercial purposes (e.g., into APAC, EMEA, LATAM, and NA). Central Asia and Western Asia are almost never included. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–Peru Free Trade Agreement
The Canada–Peru Free Trade Agreement (''CPFTA'') is a free trade agreement between Peru and Canada. It was signed on 29 May 2008 and entered into force on 1 August 2009. The CPFTA facilitates establishment of free trade, creation of opportunities for economic development, elimination of trade barriers and promotion of fair competition. Negotiation and ratification In August, 2002, Canada and the Andean Community agreed to discuss on proposed FTA. The Minister of International Trade had detail discussions on the subject with various groups in Canada including provincial and territorial governments to obtain advice and views. On June 7, 2007, David Emerson, Minister of International Trade, announced the launch of free trade negotiations between Canada and Colombia and Peru. Impact Canada The CPFTA creates a competitive advantage for Canadian producers and exporters in one of the friendly economies in South America. Peru's economy is fast-growing with GDP growth of 6.9% in 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–European Free Trade Association Free Trade Agreement
The Canada–European Free Trade Association Free Trade Agreement is a trade agreement between Canada and the member states of the European Free Trade Association (Iceland, Norway, Switzerland and Liechtenstein). Signed in Davos, Switzerland on January 26, 2008, it came into effect on July 1, 2009. The agreement is aimed at eliminating all tariffs on goods between Canada and EFTA members. In 1999, Canada entered into free trade negotiations with the EFTA. Negotiations concluded successfully in June 2007, and the FTA between Canada and the EFTA States was signed on January 26, 2008. Bilateral Agreements on Agriculture between Canada and each EFTA State were appended to the CEFTA. Both came into effect on July 1, 2009. The agreement eliminates almost all tariffs, with certain agricultural and fishery products being excluded from immediate tariff elimination. Bilateral trade totaled $10.7 billion in 2006 (With Canadian imports from the EFTA valued at $7.6 billion and Exports to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–Costa Rica Free Trade Agreement
The Canada–Costa Rica Free Trade Agreement (CCRFTA) is a free trade agreement between Costa Rica and Canada. It was signed on April 23, 2001 in Ottawa, Ontario, and came into effect on November 1, 2002. It is the first bilateral free trade agreement to include innovative stand-alone procedures on trade. 87% of all tariffs on agricultural products were eliminated, either immediately, or over a 7-14 year period. Tariffs on many other industries like automotive goods and goods were also eliminated. Several sectors of agriculture were excluded from the treaty; eggs, dairy, poultry and beef being excluded, and Costa Rica decided to leave potatoes out of the FTA. Both nations agreed to use the World Trade Organization rules for sanitary and phytosanitary issues (known as the SPS agreement). The main goals of the FTA include: *The establishment of free trade *The creation of opportunities for economic development *The elimination of trade barriers *The promotion of fair competition In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–Chile Free Trade Agreement
Canada–Chile Free Trade Agreement (CCFTA) is a trade agreement between Canada and Chile. It was signed on December 5, 1996, in Santiago, Chile and came into effect on July 5, 1997. Tariffs on 75 percent of bilateral trade were immediately eliminated. It was Canada's first free trade agreement with a Latin American nation (other than Mexico), and was Chile's first full free trade agreement. Over the first decade, trade between Canada and Chile increased more than 300%, with the trade of goods rising from $718 million in 1996 to $2.7 billion in 2010. Bilateral service trade increased to $164 million by 2005. Canadian investments in Chile reached $13.3 billion in 2010, and Canada has been the largest source of new investment in Chile. In 2012, Canadian prime minister Stephen Harper and Chilean president Sebastián Piñera announced the expansion to the CCFTA, with a financial services chapter in which Canadian financial institutions will enjoy preferential access to the Chilean marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–Israel Free Trade Agreement
The Canada–Israel Free Trade Agreement (CIFTA) is a free trade agreement between Canada and Israel. History It was signed on July 31, 1996, and came into effect on January 1, 1997. It was Canada's first free trade agreement outside of the Western Hemisphere. 80% Tariffs on most manufactured and agricultural goods were eliminated. However, CIFTA does not affect certain agriculture sectors like poultry, dairy and eggs. CIFTA was amended in 2002, 2003 and 2015. On May 27, 2019, Bill C-85 went before parliament to amend CIFTA and received royal assent. This most recent amendment was in force from September 1, 2019. The first amendment allows certain products like textiles to undergo some levels of processing in the United States without losing their status while in transit. The second amendment further reduced agricultural tariffs. CIFTA's main goals include: *The elimination of trade barriers and tariffs *Promotion of fair competition *The increase of investments between the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada–United States Free Trade Agreement
The Canada–United States Free Trade Agreement (CUSFTA), official name as the Free Trade Agreement between Canada and the United States of America (french: links=no, Accord de libre-échange entre le Canada et les États-Unis d'Amérique), was a bilateral trade agreement reached by negotiators for Canada and the United States on October 4, 1987, and signed by the leaders of both countries on January 2, 1988. The agreement phased out a wide range of trade restrictions in stages, over a ten-year period, and resulted in a substantial increase in cross-border trade as an improvement to the last replaced trade deal. With the addition of Mexico in 1994, CUSFTA was superseded by the North American Free Trade Agreement (NAFTA) (french: links=no, Accord de libre-échange nord-américain (ALENA), es, links=no, Tratado de Libre Comercio de América del Norte (TLCAN)). As stated in the agreement, the main purposes of the Canadian-United States Free Trade Agreement were: *Eliminate barrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Group Of Seven
The Group of Seven (G7) is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is officially organized around shared values of pluralism and representative government, with members making up world's largest IMF advanced economies and liberal democracies. As of 2020, G7 members account for over half of global net wealth (at over $200 trillion), 32 to 46 percent of global gross domestic product,Depending on whether nominal values or purchasing power parity is used. and 10 percent of the world's population (770 million people). Members are great powers in global affairs and maintain mutually close political, economic, diplomatic, and military relations. Originating from an ''ad hoc'' gathering of finance ministers in 1973, the G7 has since become a formal, high-profile venue for discussing and coordinating solutions to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Rim
The Pacific Rim comprises the lands around the rim of the Pacific Ocean. The ''Pacific Basin'' includes the Pacific Rim and the islands in the Pacific Ocean. The Pacific Rim roughly overlaps with the geologic Pacific Ring of Fire. List of countries on the Pacific Rim This is a list of countries that are generally considered to be a part of the Pacific Rim, since they lie along the Pacific Ocean. Arranging from north to south, west to east in directional order. Oceania * Oceania (sovereign states) ** ** ** ** ** ** ** ** ** ** ** ** ** ** * Oceania ( dependent territories) ** British Overseas Territory *** ** External territory of Australia *** ** French overseas collectivities *** *** *** ** Insular Chile *** ** Realm of New Zealand *** *** *** ** United States insular areas *** *** *** ** United States *** Americas * North America ** ** ** ** ** ** ** ** ** * South America ** ** ** ** Asia * Russian Federation * Eas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comprehensive And Progressive Agreement For Trans-Pacific Partnership , an exam taken in some countries by graduates.
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Comprehensive may refer to: *Comprehensive layout, the page layout of a proposed design as initially presented by the designer to a client. * Comprehensive school, a state school that does not select its intake on the basis of academic achievement or aptitude. *Comprehensive examination In higher education, a comprehensive examination (or comprehensive exam or exams), often abbreviated as "comps", is a specific type of examination that must be completed by graduate students in some disciplines and courses of study, and also by un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
