Canada-Israel Free Trade Agreement (CIFTA)
Former Prime Minister Stephen Harper announced on his official visit to Israel in January 2014, that Canada and Israel would work to expand and modernize the Canada-Israel Free Trade Agreement (CIFTA) to truly make it the cornerstone of Canada’s commercial relationship with Israel. The modernization of this agreement will benefit Canadian companies through further eliminations and reductions of tariffs on agricultural and fisheries products. The modernized CIFTA also breaks down old barriers, creating new export opportunities for Canadian agriculture and agri-food, and fish and seafood companies in the Israeli market. Since the original Agreement came into force, Canada’s two-way merchandise trade with Israel tripled to $1.6 billion in 2014.
Canada and Israel: Creating jobs and opportunities together
Learn more about what is in the Agreement and what’s in it for you.