Canada-Ecuador Free Trade Agreement Negotiations End Successfully

February 5, 2025

On February 4, 2025 the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development announced that the free trade agreement negotiations between Canada and Ecuador have ended successfully.

Both countries will need to ratify the new Free Trade Agreement before it's finalized.

"In 2022, Ecuador was the sixth-largest economy in South America with a population of 18 million and a GDP of $118.84 billion (2023). From 2018 to 2023, Canadian foreign direct investment in Ecuador tripled to $4.4 billon, making Canada one of the largest foreign investors in Ecuador."

Link to news release: https://www.canada.ca/en/global-affairs/news/2025/02/minister-ng-welcomes-the-successful-conclusion-of-free-trade-agreement-negotiations-between-canada-and-ecuador.html

Topic(s)

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Trade Agreements

Security and Trade Facilitation Programs

International Trade and Border Management

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