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Canada is currently engaged in various bilateral and multilateral free trade agreements (FTAs) with countries around the world. Canada`s current free trade agreements: Canada is conducting exploratory discussions on bilateral or multilateral free trade agreements with the following countries and trading blocs, although formal negotiations have not yet begun:[7] Multinationals investing in Canada benefit in different ways from Canadian free trade agreements, including: Buy Canadian ingredients or materials that you can use in your products or services? Get ready for other options. Canadian businesses are already trading with each other, and trade between provinces and territories is worth at least $385 billion a year. The CFTA will benefit businesses across the Canadian economy, expand selection and help drive growth. Canada`s total trade with NAFTA countries was estimated at $788 billion, or 66.8% of Canada`s total world trade in 2018. Among the most exporting industries were the automotive industry and natural resources. Global Affairs Canada is a major source of information on trade negotiations and agreements. The Canadian Tribunal for International Trade (CITT) is the leading quasi-judicial institution in Canada`s trade assistance system. The CITT has the authority to investigate complaints about purchases covered by trade agreements. For more information, the North American Free Trade Agreement between Canada, the United States and Mexico came into force on January 1, 1994 and created the world`s largest post-GDP free trade region. Until 2014, NAFTA`s GDP was estimated at more than $20 trillion, with a market of 474 million people.

[5] [6] Based on this success, Canada continues to negotiate free trade agreements with more than 40 countries and has free trade agreements, most recently with South Korea, Canada`s first free trade agreement with an Asia-Pacific partner. Since 2018, Canada has also concluded two other important multilateral trade agreements: the Comprehensive Economic and Trade Agreement (CETA) with the European Union and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement with 10 other Pacific countries. [7] On September 21, 2017, CETA was provisionally implemented, immediately removing 98% of the EU`s customs positions on Canadian products. [8] Canada is currently the only G7 country to have free trade agreements with all other G7 countries. Free trade with the last G7 country, Japan, began with the entry into force of the CPTPP on 30 December 2018. Learn more about Canada`s trade and investment agreements: types of contracts and the gradual development of trade and investment agreements. Memorandums of understanding, air agreements and more. Learn more about Canada`s trade policy and key trade priorities, including how access to foreign markets is essential to our prosperity. COVID-19 covers international travel, including business travel under free trade agreements such as NAFTA, CETA and CPTPP. For more information, visit the relevant immigration services of Canada`s trading partners. Canada is regularly referred to as a trading nation, with total trade accounting for more than two-thirds of its GDP (the second highest level in the G7 after Germany). [1] [2] Of all of this trade, approximately 75% are wiretapped with countries that are part of free trade agreements with Canada, particularly with the United States through the North American Free Trade Agreement (NAFTA).

[3] At the end of 2014, bilateral trade in Canada reached $1 trillion for the first time. [4] National and international trade agreements with purchase obligations: Canada negotiates bilateral free trade agreements with the following countries and trading blocs:[7] Which country gives you access to 1.5 billion consumers in 51 countries? Le Canada. In terms of access to the global market, things are not improving.