The Subject “Colombia-Canada Free Trade Agreement” is included within the curriculum of the following academic programs at EENI Global Business School:
The main objective of the Colombia-Canada Free Trade Agreement is to set up a Free Trade Area.
The Free Trade Agreement between Canada
and Colombia, the Labour Cooperation Agreement and the Agreement on Environment enters into force on 2011.
The Free Trade Agreement between Canada and Colombia will result in lower trade barriers and expanded opportunities for exporters and investors in a broad range of sectors
Lowering Technical Barriers to Bilateral Trade (TBT) through eliminating
Tariffs and addressing non-tariff barriers will allow
enterprises in Canada and Colombia to increase their export potential and expand into non-traditional markets
A reduction in Colombian tariffs would improve opportunities for International Trade in products (industrial and agricultural producers)
International Trade between Colombia and Canada.
Top exports products are cereals (wheat, barley), machinery, vegetables (pulses - lentils, peas, chickpeas), paper and paperboard, and vehicles
Top imports are mineral fuels and oils, coffee, fruits, and sugar
Total Canadian Foreign Direct Investment (FDI) in Colombia was 824 million dollars. This foreign investment is mainly in petrol and gas and mining sectors