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View Full Version : Canada negotiations resume



NewsWhore
09-04-2008, 05:00 PM
On 29 September the DR and Canada will resume negotiations for a free trade agreement. Talks have been on the table for some time and many thought once the DR finished the European Partnership Agreement with the European Union, the Canadian talks would run smoothly. For reasons unknown, after the first round of talks were completed in February, negotiations were put on hold.
Speaking at an ADOEXPO event, Canadian Ambassador to the DR Patricia Fortier explained that each year more than 600,000 Canadians visit the DR, but only 2% of the DR's exports are sent to Canada. Fortier added that with the signing of an agreement and the negotiations of a open airspace, "blue skies," there can be an increased trade balance. According to Eduardo Dominguez, president of the Dominican Canadian Chamber of Commerce, the DR only exports US$25 million worth in goods and services to Canada, compared to US$600 million with the US, or 27% of total exports.

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