Canada Australia Free Trade Agreement

In 2014, the combined GDP for NAFTA was estimated at more than $20 trillion, with a market of 474 million people. [5] [6] Building on this success, Canada continues to negotiate and conclude free trade agreements with more than 40 countries, most recently with South Korea, which is Canada`s first free trade agreement with a partner in the Asia-Pacific region. Beginning in 2018, Canada also concluded two other important multilateral trade agreements: the Comprehensive Economic and Trade Agreement (CETA) with the European Union and the Eleven-Nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with ten other Pacific countries. [7] On September 21, 2017, CETA was provisionally applied, which immediately eliminated 98% of the Union`s tariffs on Canadian products. [8] Canada is currently the only G7 country to have free trade agreements with all other G7 countries. Free trade with Japan, the last G7 country, began with the entry into force of the CPTPP on 30 December 2018. Customs duties and duties are constantly reviewed and are subject to change without notice. Austrade strongly recommends that you witness this once again before selling in Canada. Canada negotiates bilateral free trade agreements with the following countries and trading blocs:[7] Multinationals investing in Canada benefit in a variety of ways from Canada`s free trade agreements, including: Canada conducts exploratory discussions on bilateral or multilateral free trade agreements with the following countries and trading blocs, although formal negotiations have not yet begun:[7] Use the drop-down menu to get agreements after Groups of countries to look for.

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