Common Contracts
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Free Trade Agreement @ Ten: Beyond the NumbersMay 6th, 2008
The Canada-Chile Free Trade Agreement (CCFTA), which en- tered into force on July 5, 1997, was in some respects a first for both countries. For Canada, it was the first free trade agreement concluded with a country in South America. For Chile, it was the first comprehensive free trade agreement concluded with any country. During a visit to Santiago in July 2007, Prime Minister Harper stated that the CCFTA had been an “over- whelming success, opening doors to friendship, prosperity, growth and cooperation between Canada and Chile that have exceeded all of our expectations.”1 Part One of this paper places the CCFTA in the context of Canadian and Chilean trade policy evolution. Part Two reviews the main features of the CCFTA and compares them with other free trade agreements of the two parties. Part Three assesses the trade and investment impact of the CCFTA and records the experiences and percep- tions of the private sector. Part Four examines the CCFTA in the context of the rapidly evol
