Canadian Minister Lobbies For Free-Trade Agreement
Peter Kent, Canada s secretary of state for exterior affairs for the Americas, visited Nicaragua last week as part of a push to renew talks for a free-trade agreement between Canada and Central America.
Kent met with Nicaragua s Foreign Minister Samuel Santos and other high level officials as part of a push to deepen bilateral ties with Nicaragua.
This trip will reinforce our commitment to playing a larger role in the Americas Central America is a key region where the issues of security, prosperity and democratic governance are crucial, Kent said in a statement about his Jan. 12-16 visit.
Canada, which has had trade interests in Central America since the late 1800s, traded $111 million with Nicaragua in 2007, though trade statistics don t include millions in trade of products such as bananas, coffee and melons that are shipped through the United States or Europe.
There are about $170 million in Canadian investments in Nicaragua, namely in mining, oil and gas exploration, apparel manufacturing, finance and energy generation, according to the Canadian Embassy in Nicaragua. Canada s 37-year-old aid program in Nicaragua has injected some $300 million in areas of education, energy, farming and electoral observation. Some 34,000 Canadians visited Nicaragua in 2007.
Canada and the CA-4 countries (Nicaragua, Guatemala, Honduras, El Salvador), started free-trade talks in 2000, thought they haven t made much progress since the latest round of negotiations in 2004.
Kent s tour also took him to El Salvador and Guatemala. Canada hopes to sign the free-trade agreement with Central America in 2009.
You may be interested
Costa Rica summons IMF law projects to Legislative AssemblyAlejandro Zúñiga - January 26, 2021
The Executive Branch summed 36 bills to the floor of the Legislative Assembly for debate, including three that relate to…
Costa Rica to vaccinate entire adult population against Covid-19Alejandro Zúñiga - January 25, 2021
Costa Rica plans to vaccinate its entire adult population against the coronavirus and has signed a budget to accomplish that…
KLM says it will continue long-haul flights, but rebook passengersAlejandro Zúñiga - January 25, 2021
After initially saying that it would suspend all long-haul flights, KLM announced it has established coronavirus protocols that will allow…