Increased engagement through trade and economic ties is one of best ways to create jobs and support positive change and sustainable economic growth in the Americas, says Minister Fast
June 19, 2014 – Ottawa, Ontario - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today announced that the Canada-Honduras Economic Growth and Prosperity Act—an act to implement the Canada-Honduras Free Trade Agreement and parallel agreements on labour and environmental cooperation—has received Royal Assent. Canada will now work with Honduras for a coming into force of the agreement as quickly as possible.
The Canada-Honduras Free Trade Agreement includes provisions on market access for goods, services (including financial services), investment and government procurement. Once the agreement is fully implemented, over 98 percent of tariff lines will be duty-free.
Engagement in the Americas has been a Canadian foreign policy priority since 2007. The Canada-Honduras Free Trade Agreement is another important step toward creating the conditions for a dynamic, transparent and rules-based commercial and investment environment with economic partners in the Americas.
Office of the Honourable Ed Fast
Minister of International Trade
Media Relations Office
Foreign Affairs, Trade and Development Canada
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