Canada-Central America Four Free Trade Agreement
Rigoberto Monge, the economic advisor of the Salvadoran Industrial Association (ASI), reported that El Salvador and Canada are finalizing a free trade agreement.
Dominican Republic could become a key regional center for the re-export of merchandise and services, through the mechanisms in the United States-Mexico-Canada trade triangle after it signs free trade pacts with the two latter countries, said the Foreign Ministry’s head of Trade Negotiations today.
In an effort to ensure that the protection of labour and human rights are built into a free trade agreement being negotiated with four Central American countries, the Standing Committee on International Trade passed a resolution last week calling for the disclosure of all agreement draft texts and Canadian negotiating proposals.
One of the agreements the Canadian government is trying to finalize is the Central America Four Free Trade Agreement (CA4TA) with Guatemala, Honduras, El Salvador and Nicaragua.
A Canadian team travels to Guatemala to try to restart stalled trade agreement while Guatemala’s foreign minister shows up in Ottawa.
Dominican ambassador in Canada said he hopes that his country can join a multilateral trade deal with Canada similar to the one it already has with the U.S., but he worries that the Dominican Republic may have missed its opportunity.
The Tory government says a free trade agreement with Central America, on ice since 2004, will eventually be debated in the House. One academic doesn’t mind the delay, worrying the deal could be bad news for some nations, while industry officials worry Canadian firms may lose interest before the deal is reached.
Once it’s done, Canada-Central American Free Trade Agreement will be debated in the House of Commons, Conservative MPs said last week, but there are no guarantees draft agreements will be available to civil society organizations or other third parties.
Ambassador Eduardo Tejera hopes his country can join a multilateral trade deal with Canada similar to the one it already has with the U.S., but he worries that the Dominican Republic may have missed its opportunity.
Civil society release letter signed by 200 organizations calling for transparency and accountability in free trade negotiations
The Canadian government is facing demands to disclose a draft free trade agreement with four Central American nations currently in the final stages of deliberation behind closed doors.
In Central America, the CAFTA debate led to massive protests. Meanwhile, here in Canada, our government is quietly negotiating much the same sort of agreement which calls for the free flow of investment and presumably the removal of tariffs and agricultural safeguards.