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.
Negotiations toward a Canada-Panama Free Trade AgreementMonday, August 17, 2009 > 15:11:44
Canada and Panama announced the conclusion of negotiations toward a Free Trade Agreement (FTA), as well as a Labour Cooperation Agreement (LCA) and an Environment Agreement.
An FTA will help enhance the bilateral commercial relationship and could generate increased export and investment opportunities for Canada by creating a preferential and more predictable trade and investment environment. Once implemented, an agreement would result in clear rules and lower barriers to trade, helping to expand opportunities for Canadian investors, service providers and exporters of industrial and agricultural products.
Canada and Panama will now carry out a detailed legal review of the texts in English, French and Spanish, after which the FTA, Labour and Environment Agreements can be signed and made public. Following the signing of the agreements, the Parties can proceed with ratification and implementation of the agreements in accordance with their respective legislative processes.