Canada and Uruguay agree to negotiate a modernized FIPA


March 7, 2025 – Ottawa, Ontario – Global Affairs Canada

Canada is committed to diversifying its trade relationships and improving its commercial partnerships around the world. The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today announced the launch of negotiations to modernize the 1999 Foreign Investment Promotion and Protection Agreement (FIPA) between Canada and Uruguay.

A modernized FIPA between Canada and Uruguay will support Canada’s efforts to diversify and strengthen trade and investment between both countries, while reinforcing economic cooperation in the hemisphere.

The Government of Canada updated its FIPA model in 2021 to ensure that the benefits of trade and investment in a stable, rules-based environment are more widely shared across Canadian society and that of our bilateral partner, including for women, Indigenous peoples, and small and medium-sized enterprises.



Source link

  • Related Posts

    The Liberals have their majority. What’s next?

    “It’s time to get serious and we’re going to be serious,” Carney said. Prime Minister Mark Carney addressed reporters on Tuesday, hours after his Liberal party swept byelections in Ontario…

    Toronto’s streetlights to be converted to LED…

    The city of Toronto plans to convert all streetlights to energy-efficient LED lighting by 2035, officials say. Toronto Mayor Olivia Chow told reporters in Scarborough’s Milliken Park that the plan…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    The director of sandbox vampire RPG The Blood of Dawnwalker doesn’t mind seeing it compared to The Witcher 3, which he also directed: ‘I feel really confident about our game’

    The director of sandbox vampire RPG The Blood of Dawnwalker doesn’t mind seeing it compared to The Witcher 3, which he also directed: ‘I feel really confident about our game’

    The Liberals have their majority. What’s next?

    The Liberals have their majority. What’s next?

    Invivoscribe Announces the PrepQuant™ System, an Integrated Sample Preparation Platform that Standardizes and Streamlines Pre-Analytical Workflows

    YouTube livestreams will now hold back ads during peak engagement to protect the vibe

    YouTube livestreams will now hold back ads during peak engagement to protect the vibe

    B.C. denies funding for drug covered in every other province

    B.C. denies funding for drug covered in every other province

    Computer science majors are disappearing. Is AI to blame?

    Computer science majors are disappearing. Is AI to blame?