Canada Signs Free-Trade Agreement With Colombia

(Video: PMO • Story: CTV News)

Canadian Prime Minister Stephen Harper and Colombian President Alvaro Uribe signed a free trade agreement between the two countries while at the Asia-Pacific Economic Cooperation meeting in Lima Friday.
The move was first announced in June, after less than a year of negotiations. The accord will make access to markets easier for the $1.14 billion in annual bilateral trade between the two countries.

“In a time of global economic instability free trade is more important than ever,” Harper said in a statement.

“By expanding our trading relationship with Colombia, we are not only opening up new opportunities for Canadian businesses in a foreign market, we are also helping one of South America’s most historic democracies improve the human rights and security situation in their country.” Read more here.