What is the agreement about? In the last six years, Canada has concluded free trade agreements with nine countries: Colombia, Peru, Jordan, Panama, Honduras, and the European Free Trade Association that includes Iceland, Liechtenstein, Norway and Switzerland.
For the first time the European Union and the United States will accept each other's organic certifications. On February 15, 2012, after two years of negotiations, the organic food trade agreement was signed at the BioFach World Organic Trade Fair in Nuremberg, Germany. The deal that will come into effect in June will open up US$50 billion market combined value, and will avoid costly administrative duplication, strengthening the competitiveness of this sector.
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