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Canada-Jordan Free Trade Agreement strengthens export opportunities: CME

Published by Stephanie Brooks on September 21, 2012

The federal government's latest announcement in its commitment to expand global trade represents another important step in opening new markets for Canadian exporters, according to Canadian Manufacturers & Exporters (CME), the country's largest trade and industry association.

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, announced today that Canada's free trade agreement with Jordan will take effect on October 1, 2012.

"Expanding access to new markets is a priority for Canadian manufacturers," says CME Vice President of Global Business Policy, Jean-Michel Laurin. "The coming into force of the Canada-Jordan Free Trade Agreement will strengthen Canada's competitive advantage in the global marketplace."

The agreement will see reduced or eliminated tariffs for Canadian businesses on Canada's current exports to Jordan - most notably on products like machinery, agricultural products, vehicles, tires, and forest products.

"The entire country stands to benefit from expanding business opportunities in the Middle Eastern and North African markets," says Laurin. "By providing Canadian exporters with preferred and duty-free market access, such agreements assist in job creation, business growth and overall economic prosperity in all regions of Canada."

Minister Fast will be leading a trade mission to both Jordan and Saudi Arabia, October 5-9, 2012.

 

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