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Regional and Bilateral Initiatives

Canada-Andean Countries - Free Trade Discussions

Canada and the Andean Community countries (Bolivia, Colombia, Ecuador and Peru) met on December 14 and 15, 2006, in Bogota, Colombia, for exploratory discussions towards potential free trade negotiations. The discussions were positive and allowed for a frank exchange of views on a wide number of issues which could be raised in the context of future FTA negotiations. Parties agreed to exchange further information related to a number of topics.

Exploratory discussions allow countries to gauge the potential benefits and impacts of an FTA and to discuss the scope and organization of possible negotiations. These discussions are an important step in the process Canadian trade negotiators must follow prior to obtaining a formal mandate to engage in FTA negotiations.

A free trade agreement with the Andean Community countries would improve our trade and political ties with these economies, and further advance Canada's foreign policy objectives in the region. The Andean markets represent significant and growing markets for Canadian exporters and investors. As stated in the Government's Economic plan, Advantage Canada, it is in Canada's national interest to be open to free trade opportunities and help Canadian business compete in global markets. In this regard, the Andean Community countries remain prospective FTA partners of considerable interest. An FTA would also contribute to the shared goal of deepening development through economic integration within the Americas.

Background

In August, 2002, the then Minister for International Trade announced that Canada and the Andean countries (Bolivia, Colombia, Ecuador, Peru and Venezuela) had agreed to begin exploratory discussions towards a proposed free trade agreement (FTA). Venezuela has since withdrawn from the Andean Community. As part of the exploratory discussions, the Minister for International Trade launched extensive domestic consultations with business, citizen-based organizations and individual Canadians, as well as with the provincial and territorial governments, to obtain advice and views on priorities, objectives and concerns to help define the possible scope of this initiative. (For more information, see the News Release and the Canada Gazette Notice of November 2, 2002).

Contact Point

If you have questions or comments about this initiative we would like to hear from you. Please contact Foreign Affairs & International Trade Canada at:

Regional Trade Policy Division (TBB)
Foreign Affairs & International Trade Canada
Lester B. Pearson Building
125 promenade Sussex Drive
Ottawa, Ontario, K1A 0G2
Fax: 613-944-3489
E-mail : consultations@international.gc.ca

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Last Updated:
2007-02-06

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