CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Canada Preparing For NAFTA Talks

Canada Preparing For NAFTA Talks

by Mike Godfrey, Tax-news.com, Washington

03 August 2017


The Canadian Government has announced the creation of a new NAFTA Council, which will support it in preparing for, and during, the renegotiation of the North America Free Trade Agreement.

The Government has appointed 13 members of the NAFTA Council. The members are expected to provide opinions and feedback on the negotiations. The aim is to ensure that Canada's Foreign Affairs Minister and negotiating team can avail of a broad range of perspectives from across Canada.

The members are expected to be in post for a year. NAFTA talks are set to begin on August 16.

Canada has also announced the appointment of three new consuls general in US cities, and a new deputy ambassador to be posted to Washington DC. The Government said that the consuls general will promote Canadian interests and bolster Canada's presence and profile in key centers across the US.

Foreign Affairs Minister Chrystia Freeland said: "A constructive working relationship between Canada and the United States is essential to good, middle-class jobs and economic opportunities on both sides of the border. Our focus is squarely on our shared prosperity and economic well-being."

"With the expansion of our consular presence in the United States, and the creation of the NAFTA Council, we are furthering Canada's determination to promote Canadian interests and values in our bilateral relations with our main economic partner."

The US and Mexico are respectively Canada's first and third largest merchandise trading partners, with trilateral trade reaching nearly USD1 trillion in 2016. Around 400,000 people and over CAD2.4bn (USD1.9bn) worth of goods and services cross the Canada-US border daily.

TAGS: free trade agreement (FTA) | export duty | tariffs | Mexico | agreements | Canada | United States | import duty | trade | services | North America

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 






Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »