Canada - Honduras Free Trade Agreement (FTA)

Course summary Canada - Honduras Free Trade Agreement (FTA)

Canada and Honduras announced the conclusion of their free trade negotiations on 12 August 2011. The Canada-Honduras Free Trade Agreement, including strong parallel agreements on labour standards and practices, and environmental protection, will come into force once both countries complete their domestic ratification processes.

The signing of an FTA will allow entry of 96% of Honduran products to Canada duty free. Of the remaining 4%, 2% must comply with a tariff reduction schedule over the next three years.

Regarding agricultural products, Honduras can export 81% of its products duty free to Canada compared to the 42% it will receive from them. In the case of industry, the percentages are 99% from Honduras and 73% from the northern country.

Bilateral merchandise trade between Canada and Honduras reached $192 million in 2010, an increase of 9.3% over 2009 but still 19.5% below the 2008 level due in part to the impact of the international financial crisis. Merchandise exports to Honduras were $40.8 million in 2010 while merchandise imports from Honduras amounted to $151.2 million.

Canada - Honduras Free Trade Agreement (FTA):

Canada Free Trade Agreements (FTA's) - Free Trade Agreements (FTA) of Honduras

Master International Business for Canadian Students

 Educational level: Continuing education / Executive education programs.