Canada And Spain Trade Agreements

5. Dezember 2020

Finally, it should be stressed that the importance of this agreement lies not only in the economic impact on the economies of the signatory countries, but also in the fact that it could provide the plan for future agreements with other developed countries. As part of the agenda, the Prime Ministers underlined their commitment to free trade and stressed that the Comprehensive Economic and Trade Agreement between Canada and the European Union (CETA) creates good jobs for the middle class and new opportunities for businesses in both countries. The Government of Canada and the Spanish Government, the following as the contracting parties wishing to facilitate and develop the existing trade relationship between the two countries, have decided to conclude an agreement to complement and amend the trade policy agreements that will apply to Canada from August 1, 1928, as a result of the exchange of debt notes between the two governments by their respective designated agents. , agreed on the following articles: with regard to the trade agreement between Spain and Canada, signed today, I have the honour of applying unconditional non-discriminatory treatment of trade and exchange restrictions affecting imports, and despite the provisions of Article VII, the Spanish Government, which recognizes Canada`s position as a traditional supplier of salted cod and related species. undertakes to authorize, for any period of one year from 1 July 1954, import certificates for at least 2,000 tonnes of salted cod and related species, products of countries or countries in dollars whose currencies are or will be converted into dollars, and to provide the convertible exchange for that fish. Take your business to the next level. Explore opportunities to increase your footprint in Spain with our Trade Commissioner Service (TCS) and learn more about trade relations between the two countries, market facts and other discoveries. Learn more about Canada`s trade and investment agreements: types of contracts and the gradual development of trade and investment agreements. In total, 91% of the more than 5,400 Spanish companies exporting to Canada are SMEs and, according to the European Commission, they will benefit in particular from this agreement. Removing trade barriers or simplifying customs procedures will make it easier for these companies to compete with larger firms. Each of the parties undertakes to make free available to the other party the benefits that its national legislation offers for protection within its territorial borders to natural products or products of the other party, in particular with regard to trademarks, trademarks of origin, and to cooperate with the other party in order to prevent any practice that might affect trade between the two countries.

Canada and Spain have a stable trade relationship, which has changed chapters with the entry into force of the Comprehensive Economic and Trade Agreement (CETA).