Canada’s federal government will endorse trade deal with Panama this fall

Canada’s federal government will present a law this fall to formally endorse a trade deal with Panama, International Trade Minister Peter Van Loan said.

 

Van Loan and Panamanian Commerce and Industry Minister Roberto Henríquez signed the agreement in May, but Canada still has to pass a law to bring it into force.

 

The government says the agreement will cut tariffs against raw Canadian goods like agricultural products, wood, pulp and paper products, seafood, and iron and steel, as well as finished exports like machinery, cars, aerospace and and pharmaceuticals.

 

Original source: Toronto Sun