nafta
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FOR IMMEDIATE RELEASE |
CONTACT: Council on Hemispheric Affairs (COHA) Phone: (202) 223-4975
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Canada-Colombia Free Trade Agreement Could Be a Lose-Lose Deal
* The Canadian Parliament is on the verge of passing a free trade measure with Colombia * The trade deal faces staunch opposition from human and labor rights bodies
Foreign direct investment (FDI) in Colombia could potentially exacerbate flagrant current human rights abuses in the country
WASHINGTON - May 1 - Just a few hours prior to meeting his counterparts from all over the Western Hemisphere at the recently concluded Summit of the Americas, Canadian Prime Minister Stephen Harper reaffirmed Canada’s newfound commitment to the region, most clearly reflected in the newly signed free-trade deals with Peru and Colombia. On March 26, the Canadian government submitted legislation to the House of Commons that would implement the Canada-Colombia Free Trade, Labor Cooperation and Environment Agreements. Ottawa is confident that Parliament will ratify the treaties as early as June.
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