Canadian agriculture is increasingly dependent on foreign markets to drive demand growth. Agriculture continues to be a highly protected sector in international trade. Free Trade Agreements (FTAs) aim to reduce these barriers through bilateral and multilateral negotiations giving Canadian agri-food exporters preferential trade access. These FTAs, however, do have a differential impact in promoting agri-food. Some FTAs foster innovation, business development and trade in new products. Other FTAs are more beneficial to existing exporters, helping them lower their trade costs, extract more profit and ship more volume. These differences in preferential trade access have important ramifications for diversification and future trade development of Canadian agri-food exports.
Enter your email address to
register a free account.