• Year of agreement
  
• Important pieces of agreement
• Benefits Canada has received from agreement

3. Explore other trade agreements, and gather information for your notes organizer.

• Tariff Elmination
• Intellectual Property rights
• Secure market access
• Dispute Settlement procedure

Signed on July 31st 1996 however, it was enforced in January 1997.

Elimination of tariffs on industrial products, some agricultural products, and fisheries.

Canada's first trade agreement outside of the western hemisphere.

- labour cooperation

-environment cover market access for goods

-cross-border trade in services

-telecommunications

-investment

-financial services

-government procurement

=competitive in global trade

=advance trade diversification (ex. aerospace and pharmaceutical and agriculture) 

=increase strength of international relationships

=increases exports to Panama

=elminates tariffs on more than 90% of Canadian goods

-Canada-Jordan Free Trade Agreement came into force on October 1, 2012

-Canada's exports has more than doubled in the last 10 years and Canadian imports from Jordan has more than tripled

• Elimination of Tarrif
• Access to New Market
• Customers and Partnerships
• Creating Stonger Supply & Production Chains
• Value: $516 Million (Increase of 36% from 2008)
• Peru is the 3rd largest destination for Canadian direct firect investment South and Central America.
• Peru concontinues to attract attention of various Canadian businesses.

Benefits Canada has received from agreement:

The main Agreement consists of a total of 43 Articles and eleven annexes (A to K) covering the following issues:

Trade in Goods 

Services and investment 

Competition

Other common rules

Institutional Provisions

Dispute Settlement

 87% of all tariffs on agricultural products were eliminated, either immediately

 Several sectors of agriculture were excluded from the treaty; egg, dairy, poultry and beef being excluded

The establishment of free trade The creation of opportunities for economic development The elimination of trade barriers The promotion of fair competition

- Allows Canada to have access in one of the middle east's most moderate and stable economy

- Creates opportunities for Canadian businesses to expand in the Arabian Peninsula

Important: 

- As of 2010, the accumulated
value of Canadian investment in Colombia was $824 million.

- This investment is
primarily in the oil and gas and mining sectors,

-  Canadian exports to Colombia have increased by almost 29 percent

- Canada and Costa Rica enjoy strong and diverse relations

- There trades focus mainly on trades in goods and does not include substantive provisions.

- The trade benefits both countries, Canada benefits

in the middle east

-Good economic and trade relations

between Canada and Jordan

- The first comprehensive free trade agreement signed by Chile.

-The agreement covers trade in goods and services as well as investments and it includes side agreements on environment and labour relations.

- Bilateral Relations

- It substantially increases the investment opportunities in Canada and Chile.

- Eliminates the majority of tariffs on Canadian industrial goods as well as Canadian agricultural products