Canada-Israel FTA Progressing
Canada's legislature recently approved legislation to implement an updated Canada-Israel Free Trade Agreement, Global Affairs Canada said in a May 27 news release. Jim Carr, minister of International Trade Diversification, was pleased with the royal assent of the legislation. “The…
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modernized Canada-Israel Free Trade Agreement represents another milestone in the great friendship between our two countries and promises even deeper relations in the years to come," he said. "Our new agreement improves access to the Israeli market for Canadian companies, creating the right conditions for small and medium-sized businesses to compete and succeed, and to create jobs for the middle class here in Canada.” Livingston International said in a blog post that "with both Canada and Israel having now completed their domestic ratification processes, the two countries will proceed to establish a date for the entry into force of the modernized agreement."