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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canada and Honduras Celebrate Entry into Force of Historic Free Trade Agreement

Wednesday, October 01, 2014 > 11:10:51
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(Foreign Affairs, Trade and Development Canada)

The Honourable Ed Fast, Minister of International Trade, and Mireya Aguero, Minister of Foreign Affairs of Honduras, celebrate the entry into force of the Canada-Honduras Free Trade Agreement and parallel agreements on labour and environmental cooperation.

The historic free trade agreement includes provisions on market access for goods, services, investment and government procurement. Almost 98 percent of each country’s tariff lines will ultimately be duty-free once the agreement is fully implemented.



The agreement will benefit Canadian workers and businesses across the country and in key sectors of the Canadian economy, including agriculture, professional services, value-added food processing and manufacturing, as well as commodity- and resource-based industries. 



Engagement in the Americas has been a Canadian foreign policy priority since 2007. The Canada-Honduras Free Trade Agreement, Canada’s seventh free trade agreement in the Americas, is another important step toward creating the conditions for a dynamic, transparent and rules-based commercial and investment environment with economic partners in the Americas.

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