Английская Википедия:Canada–Israel Free Trade Agreement
The Canada–Israel Free Trade Agreement (CIFTA) is a free trade agreement between Canada and Israel.
History
It was signed on July 31, 1996, and came into effect on January 1, 1997. It was Canada's first free trade agreement outside of the Western Hemisphere. 80% Tariffs on most manufactured and agricultural goods were eliminated. However, CIFTA does not affect certain agriculture sectors like poultry, dairy and eggs. [1]
CIFTA was amended in 2002, 2003 and 2015.[2] On May 27, 2019, Bill C-85[3] went before parliament to amend CIFTA and received royal assent.[4] This most recent amendment was in force from September 1, 2019. The first amendment allows certain products like textiles to undergo some levels of processing in the United States without losing their status while in transit. The second amendment further reduced agricultural tariffs.Шаблон:Citation needed
Шаблон:Economy of Canada CIFTA's main goals include:
- The elimination of trade barriers and tariffs
- Promotion of fair competition
- The increase of investments between the two nations
While Israel is not one of Canada's major trading partners, the Canadian government sought to put Canadian businesses on the same footing as US businesses, who were benefiting from the US-Israel Free Trade Agreement. Bilateral trade increased to $1.24 billion by 2005 Шаблон:Citation needed.
History of trade balances
| Trade Type | 2010 | 2011 | 2012 | 2013 | 2014 |
|---|---|---|---|---|---|
| Total Canadian Exports | 385,007 | 399,878 | 265,631 | 379,773 | 449,875 |
| Total Canadian Imports | 1,006,448 | 982,437 | 1,144,827 | 1,059,010 | 1,107,296 |
| Trade Balance | -621,441 | -582,559 | -879,197 | -679,237 | -657,420 |
Amounts in thousands of Canadian dollars ($CDN).[5]
Exploratory discussions for the modernization
There are a number of ongoing discussions for the modernization of the agreement.
References
External links
- Text of the treaty
- Canada–Israel Free Trade Agreement (CIFTA) page on the Rules of Origin Facilitator, with member countries' status and access to legal documents.
Шаблон:Free trade agreements of Canada
- Английская Википедия
- Free trade agreements of Canada
- Foreign trade of Israel
- 1996 in Israel
- Treaties concluded in 1996
- Treaties entered into force in 1997
- Canada–Israel relations
- 1996 in Canada
- 1996 in Canadian law
- Страницы, где используется шаблон "Навигационная таблица/Телепорт"
- Страницы с телепортом
- Википедия
- Статья из Википедии
- Статья из Английской Википедии
