May 24, 2025 – In a significant development, Canada and Ecuador have concluded substantive negotiations for a Free Trade Agreement (FTA), marking a major step forward in strengthening their bilateral relations.
The two countries have been engaged in intensive talks to negotiate a modern and comprehensive FTA that will address key areas of trade and investment. The agreement is expected to promote economic growth, job creation, and increased access to new markets for Canadian businesses.
Key Chapters of the Canada-Ecuador FTA
The substantive negotiations have resulted in a range of chapters addressing critical issues such as:
- Trade in Goods and Services, including National Treatment and Market Access
- Sanitary and Phytosanitary Measures
- Investment
- Telecommunications and Digital Trade
- Environment and Labour
The agreement also includes provisions to promote transparency, anti-corruption, and responsible business conduct.
A New Era for Canada-Ecuador Relations
The signing of the Canada-Ecuador FTA marks a significant milestone in the two countries’ bilateral relations. The agreement is built on shared values of an open, inclusive, and rules-based international trading system.
This new partnership will underpin the continued growth of their commercial relationship, benefiting workers, consumers, businesses, and entrepreneurs across both countries.
Next Steps
To bring the agreement into force, Canada and Ecuador commit to commencing their respective domestic procedures necessary for signature and ratification of the FTA. The objective is to bring the agreement into force as soon as possible.
Conclusion
The Canada-Ecuador Free Trade Agreement represents a significant step forward in strengthening bilateral relations between two nations with shared values of economic openness and cooperation. With this new partnership, Canada and Ecuador will be well-positioned to promote economic growth and job creation in the years ahead.