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Home > About TFO Canada > News

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.


PM Announces Coming Into Force of Free Trade Agreement with Colombia

Monday, August 15, 2011 > 10:44:38

(Government of Canada)

Prime Minister Stephen Harper announced that the Canada-Colombia Free Trade Agreement (FTA) will come into force on August 15, 2011. The announcement was made jointly with the President of the Republic of Colombia, Juan Manuel Santos, during Prime Minister Harper’s official visit to Colombia. The Prime Minister also announced increased Canadian assistance to strengthen human rights in Colombia.

“Our Government has been hard at work opening new markets abroad for Canadian businesses, which creates jobs for Canadians,” said Prime Minister Harper. “Colombia has a burgeoning economy with incredible potential for commercial linkages with Canadian entrepreneurs. Improving trade and expanding market opportunities also helps to build a better future for the next generation. Our Government continues to support efforts to safeguard and promote human rights that make a real difference for children, youth, families and communities.”

Fostering trade liberalization and expanding commercial ties in the Americas supports job creation and economic growth in Canada and for our trading partners. The Canada-Colombia FTA will help Canadian businesses improve access to an emerging market of 45.5 million people and an economy with a high growth potential. The FTA will benefit Canada’s producers and exporters, reduce or eliminate tariffs on nearly all current Canadian exports, and provide a more predictable, transparent and rules-based trading environment for Canadian investors.

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