Call us 24/7 - 1-888-909-0978

Does Canada Have A Free Trade Agreement With Brazil

Greenpeace Canada is calling on the federal government to halt negotiations with the Mercosur Trade Bloc – Brazil, Paraguay, Uruguay and, most recently, Argentina – until Brazil ends its Amazon agenda. International Trade Diversification Minister Jim Carr`s office says Canada will continue trade negotiations with Mercosur, the South American trade bloc that includes Brazil, despite calls to halt talks until further steps are taken to protect the Amazon rainforest. The Portuguese translation of this page is provided by a third party for informational purposes only. Although we strive to provide you with correct information, it is provided “as intended” without any express or implied warranties. The Government of Canada assumes no responsibility and is not responsible for any damages related to the information provided. See the official English or French version of this page. A federal environmental assessment of a proposed trade deal between Canada and Mercosur countries ignores major environmental and human rights violations in Brazil, environmentalists say. Canada is the 10th largest economy in the world (GDP – 2015); with a diversified export portfolio, with a focus on industrial goods. Since then, Brazil has implemented strategies to revive economic growth, the results of which are expected to be maintained in 2017/2018. One of the striking measures is the National Export Plan (NTP) put in place in 2015, with the aim of bridging the gap between Brazil`s economic size and export volume, in other words, promoting Brazil`s export culture. But can we reach a truly “progressive” trade deal with a Brazilian president nicknamed Donald Trump of South America? In January 1998, Jean Chrétien was the first Canadian Prime Minister to visit Brazil. In 2001, the visit was replicated when Brazilian President Fernando Henrique Cardoso visited Canada. [3] After the first visits, there would be several more high-level visits and meetings between the leaders of the two nations.

Since 1998, Canada and Mercosur (of which Brazil is a part) have been discussing and negotiating a free trade agreement. [4] There is no doubt that free trade agreements have increased Canada`s competitiveness and allowed Canada access to a $20 trillion global market. In addition, when Canada ratifies the TPP (Trans-Pacific Partnership) and CETA (Canada EU FTA), it will become the fourth country to have better access to other markets and more than the BRICS countries combined. Canada and Brazil enjoy a multifaceted relationship, fostered through bilateral mechanisms anchored by a dialogue on strategic partnerships led by the Minister of Foreign Affairs. High-level government-to-government mechanisms that support trade relations include a Joint Economic Trade Council, an Advisory Committee on Agriculture, and a Joint Committee on Science, Technology and Innovation. Mechanisms for additional bilateral discussions with Brazil include politico-military discussions and a working group on mobility. Parliamentary “friendship groups” exist in the Brazilian Congress and the Canadian Parliament. In Brazil, where regulatory changes are made almost daily (with an average of three legislative changes per business day), companies must ensure compliance in their procedures, not only to keep up with changes, but also to be agile in adapting their internal processes. It is a great challenge, but it is possible to overcome it.

“This is another troubling example of how Justin Trudeau says and tweets beautiful things in public when he does business behind closed doors with the person responsible for deforestation and the devastation of the planet`s lungs,” the NDP chief said. . . .