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Canada Set to Open Free Trade Talks With South American Bloc

Posted February 16, 2018

Under Economic Issues, International Trade Issues

(Evan Dyer – CBC News)

On March 8, Canada’s minister of international trade, Francois-Philippe Champagne, will sign the Comprehensive and Progressive Trans-Pacific Partnership — the CPTPP, formerly known as the TPP.

CBC News has learned that the following day, if all goes as planned, Canada’s delegation will board a plane and fly over the Andes to Asuncion, Paraguay, to launch free trade talks with the Mercosur bloc of nations.

Mercosur is a trade bloc formed in 1991 by Argentina, Brazil, Paraguay and Uruguay. It is the largest trade bloc in this hemisphere after NAFTA. (Venezuela is also a member but is currently suspended because of the collapse of democratic institutions in the country. Bolivia is in the process of joining.) Click here to read more.