The Government of Canada announced that it is seeking the views of the Canadian public and interested Canadian stakeholders on the scope of potential negotiations regarding a possible Free Trade Agreement (FTA) with the Pacific Alliance.
The Pacific Alliance is a regional integration initiative created in 2011 by Chile, Colombia, Mexico and Peru. In May 2016, the Pacific Alliance removed 92% of tariffs on goods traded between members. The rest of the tariffs will be removed by 2020.
Canada already has comprehensive stand-alone free trade agreements with each of the four members of the Alliance.
Negotiations on an FTA with the Pacific Alliance as a bloc offers the opportunity to build links between overlapping bilateral agreements that would otherwise operate independently.< Return