Free Trade Agreement (FTA) Chile - Canada

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

Course summary Free Trade Agreement (FTA) Chile - Canada

The Canada-Chile Free Trade Agreement (CCFTA) came into force on 5 July 1997. The CCFTA is a comprehensive agreement that covers trade in goods and services, as well as the bilateral investment relationship.

The objectives of the Canada-Chile Free Trade Agreement, as elaborated more specifically through its principles and rules, including national treatment, most-favoured-nation treatment and transparency, are to:
(a) eliminate barriers to trade in, and facilitate the cross-border movement of, goods and services between the territories of the Parties;
(b) promote conditions of fair competition in the free trade area;
(c) increase substantially investment opportunities in the territories of the Parties;
(d) create effective procedures for the implementation and application of this Agreement, for its joint administration and for the resolution of disputes; and
(e) establish a framework for further bilateral, regional and multilateral cooperation to expand and enhance the benefits of this Agreement.

Trade and Investment (2010)
- Canadian exports to country: $587,442,199
- Canadian imports from country: $1,872,171,529
- Canadian Direct Investment in Chile: $13341 million

Since the Canada-Chile Free Trade Agreement entry into force a decade ago, bilateral trade in goods has increased by 226%, growing from $718 million when the CCFTA entered into force in 1997 to $2.34 billion in 2006. Bilateral trade in services reached $164 million in 2005 (the latest year for which statistics are available), and Canadian investments in Chile reached $5.17 billion in 2006. Tariffs on 75 percent of bilateral trade were immediately eliminated.

Example of the course: Free Trade Agreement (FTA) Chile - Canada:

 Educational level: Continuing education / Executive education programs.

Example of the course: Free Trade Agreement (FTA) Chile - Canada (Spanish):

Master International Business for Canadian Students