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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.

 

Trade Talks to Start Soon with Colombia, Source Says

Monday, July 16, 2007 > 09:37:36
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(Source: CSCB via I.E. Canada Daily e-news Bulletin: July 12, 2007)


The following is excerpted from the 12 July 2007 edition of the “Toronto Star”.


A free trade deal likely to be launched between Canada and Colombia next week will go beyond the usual focus on dollars and cents to spell out the ethical responsibilities of Canadian companies seeking to exploit the South American country's untapped resources.


A senior adviser to Prime Minister Stephen Harper said yesterday the way has been cleared for trade talks to begin between the two nations.


A trade official … said Ottawa will insist on the inclusion of the principles of corporate social responsibility when it signs future trade agreements with other countries.


The United States and the European Union already take such measures when negotiating trade deals….


The official said Canada would insist on the inclusion of non-binding references to corporate social responsibility in new trade deals. Those references will likely be found, for now, in the preamble to the agreements, signalling the spirit of the new framework without tying the hands of Canadian firms….


…Activists object to the fact that Harper and Uribe would even talk about trade while human rights violators are greeted with impunity and Colombia's right-wing government teeters under scandalous allegations that it is cozy with paramilitaries….


…A senior adviser to the Prime Minister said Harper would be sending a "balanced message" of encouragement for the Uribe government.


…Harper will also travel to Chile, Barbados and Haiti on the five-day tour of South America and the Caribbean.


The Conservative government has made it a foreign policy priority to improve relations in the region.

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