(Minister of International Trade)
Agreement will expand trade opportunities with Jordan
The Honourable Peter Van Loan, Minister of International Trade, today followed through on a commitment made in the Speech from the Throne earlier this month by introducing legislation to implement the Canada-Jordan Free Trade Agreement and related agreements on labour cooperation and the environment.
“The Canada-Jordan Free Trade Agreement, once implemented, will open doors to this growing economy and give Canadian businesses a real advantage in the broader Middle East and North African markets,” said Minister Van Loan.
Upon implementation, the free trade agreement will eliminate tariffs on over 99%, by value, of recent Canadian exports to Jordan, thereby directly benefiting Canadian exporters and workers. Two-way merchandise trade between Canada and Jordan totalled $82.5 million in 2009. Read more here.
Showing posts with label Jordan. Show all posts
Showing posts with label Jordan. Show all posts
Thursday, March 25, 2010
Tuesday, November 17, 2009
Canada Introduces Implementing Legislation for Free Trade Agreement with Jordan
(DFAIT)
The Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, on behalf of the Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, today introduced legislation to implement the Canada-Jordan free trade agreement (FTA) and related agreements on labour cooperation and the environment.
“Farmers know that our government is working hard to open up markets around the world so that they can sell more products to more customers,” said Minister Ritz. “We are building a strong relationship between Canada and Jordan, and today’s announcement will boost the bottom line for Canadian farm families.”
“The Canada-Jordan FTA, once implemented, will open doors to this growing economy and give Canada a foothold in the broader Middle East and North African market,” said Minister Day. Read more here.
The Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, on behalf of the Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, today introduced legislation to implement the Canada-Jordan free trade agreement (FTA) and related agreements on labour cooperation and the environment.
“Farmers know that our government is working hard to open up markets around the world so that they can sell more products to more customers,” said Minister Ritz. “We are building a strong relationship between Canada and Jordan, and today’s announcement will boost the bottom line for Canadian farm families.”
“The Canada-Jordan FTA, once implemented, will open doors to this growing economy and give Canada a foothold in the broader Middle East and North African market,” said Minister Day. Read more here.
Monday, June 29, 2009
Jordan, Canada Sign Free Trade Agreement
(AP/CTV News)
Canada has inked a free trade pact with Jordan that will lift duties on Canadian exports to the Arab nation.
Trade Minister Stockwell Day and his Jordanian counterpart signed the agreement Sunday in Jordan's capital, Amman.
Canada's forestry, manufacturing and agriculture sectors are expected to benefit from duty-free access.
In return, Canada will give the Mideast country preferential trade conditions, including full exemption from customs duties for Jordanian goods.
The deal is expected to be ratified by both parliaments later this year.
Bilateral trade stood at about $92.2 million in 2008, according to a news release from Canadian government. Read more here.
Canada has inked a free trade pact with Jordan that will lift duties on Canadian exports to the Arab nation.
Trade Minister Stockwell Day and his Jordanian counterpart signed the agreement Sunday in Jordan's capital, Amman.
Canada's forestry, manufacturing and agriculture sectors are expected to benefit from duty-free access.
In return, Canada will give the Mideast country preferential trade conditions, including full exemption from customs duties for Jordanian goods.
The deal is expected to be ratified by both parliaments later this year.
Bilateral trade stood at about $92.2 million in 2008, according to a news release from Canadian government. Read more here.
Tuesday, August 26, 2008
Canada Concludes Free Trade Negotiations with Jordan
(DFAIT)
On August 25, 2008, the Government of Canada concluded negotiations on a free trade agreement (FTA) with Jordan, as well as on parallel agreements on labour cooperation and the environment. This year, the Government of Canada has also concluded FTA negotiations with Colombia and Peru.
“We welcome this opportunity to expand Canada-Jordan trade relations,” said the Honourable Michael M Fortier, Minister of International Trade. “This bilateral free trade agreement will open up significant opportunities for Canadian companies in this growing economy, as well as elsewhere in the Middle East and North Africa. It demonstrates our government’s continuing commitment to expand opportunities for Canadian exporters.”
An FTA with Jordan will improve market access for both agricultural products and industrial goods, and help to ensure a level playing field for Canadian exporters vis-à-vis competitors that already have preferential access to Jordan’s markets. Trade between the two countries totalled $76 million last year.
Upon implementation, this FTA will eliminate tariffs on the vast majority of current Canadian exports to Jordan, directly benefiting Canadian exporters. For example, in 2007, electrical machinery was subject to roughly $293,000 in duties (up to 30 percent on some products) on exports of $3 million to Jordan.
The parallel labour and environment agreements will help to ensure progress on labour rights and environmental protection.
“This labour cooperation agreement between Canada and Jordan will ensure that economic progress goes hand in hand with the rights of workers,” said the Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of the Economic Development Agency of Canada for the Regions of Quebec. “The successful conclusion of these negotiations marks the beginning of a long-term cooperative relationship between our two countries.”
“The Canada-Jordan Agreement on the Environment marks another milestone in our two countries’ joint commitment to protecting our most vital of assets, our shared environment,” said the Honourable John Baird, Minister of the Environment. “We see this partnership as an opportunity to create and strengthen environmental laws and policies as a legacy for future generations.”
This FTA also demonstrates Canada’s support for a key partner in the pursuit of regional peace, security and stability. These negotiations follow on the successful conclusion of negotiations for a new bilateral air services agreement and a foreign investment promotion and protection agreement with Jordan.
Prime Minister Stephen Harper committed Canada to exploring the possibility of an FTA with Jordan when he met King Abdullah II in July 2007.
Before signing the agreements and making them public, Canada and Jordan will undertake a detailed legal review of the FTA texts in English, French and Arabic. Following formal signature, the treaties will be tabled in the House of Commons for a period of 21 sitting days for Members of Parliament to review and debate. Following the 21-day period, the Canadian government will introduce draft legislation to implement the agreements.
On August 25, 2008, the Government of Canada concluded negotiations on a free trade agreement (FTA) with Jordan, as well as on parallel agreements on labour cooperation and the environment. This year, the Government of Canada has also concluded FTA negotiations with Colombia and Peru.
“We welcome this opportunity to expand Canada-Jordan trade relations,” said the Honourable Michael M Fortier, Minister of International Trade. “This bilateral free trade agreement will open up significant opportunities for Canadian companies in this growing economy, as well as elsewhere in the Middle East and North Africa. It demonstrates our government’s continuing commitment to expand opportunities for Canadian exporters.”
An FTA with Jordan will improve market access for both agricultural products and industrial goods, and help to ensure a level playing field for Canadian exporters vis-à-vis competitors that already have preferential access to Jordan’s markets. Trade between the two countries totalled $76 million last year.
Upon implementation, this FTA will eliminate tariffs on the vast majority of current Canadian exports to Jordan, directly benefiting Canadian exporters. For example, in 2007, electrical machinery was subject to roughly $293,000 in duties (up to 30 percent on some products) on exports of $3 million to Jordan.
The parallel labour and environment agreements will help to ensure progress on labour rights and environmental protection.
“This labour cooperation agreement between Canada and Jordan will ensure that economic progress goes hand in hand with the rights of workers,” said the Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of the Economic Development Agency of Canada for the Regions of Quebec. “The successful conclusion of these negotiations marks the beginning of a long-term cooperative relationship between our two countries.”
“The Canada-Jordan Agreement on the Environment marks another milestone in our two countries’ joint commitment to protecting our most vital of assets, our shared environment,” said the Honourable John Baird, Minister of the Environment. “We see this partnership as an opportunity to create and strengthen environmental laws and policies as a legacy for future generations.”
This FTA also demonstrates Canada’s support for a key partner in the pursuit of regional peace, security and stability. These negotiations follow on the successful conclusion of negotiations for a new bilateral air services agreement and a foreign investment promotion and protection agreement with Jordan.
Prime Minister Stephen Harper committed Canada to exploring the possibility of an FTA with Jordan when he met King Abdullah II in July 2007.
Before signing the agreements and making them public, Canada and Jordan will undertake a detailed legal review of the FTA texts in English, French and Arabic. Following formal signature, the treaties will be tabled in the House of Commons for a period of 21 sitting days for Members of Parliament to review and debate. Following the 21-day period, the Canadian government will introduce draft legislation to implement the agreements.
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