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The concept of GSP is very different from the concept of "most favored nation" (MFN). MFN status provides equal treatment in the case of tariff being imposed by a nation but in case of GSP differential tariff could be imposed by a nation on various countries depending upon factors such as whether it is a developed country or a developing country.
The EBA is part of the EU Generalized System of Preferences (GSP). [1] The up-to-date list of all countries benefiting from such preferential treatment is given in Annex IV of the consolidated text of Regulation (EU) 978/2012. [2] The aim of the scheme is to encourage the development of the world's poorest countries.
The Agreement was initiated by UNCTAD to promote trade among developing countries, thereby fostering economic growth and South-South cooperation and has its roots in the Group of 77, a coalition of 134 developing countries created in 1964 to increase their negotiating leverage and promote their economic interests.
Caribbean Community (CARICOM) – Canada to be negotiated, after Canada finishes their Central American Free Trade Agreement. Caribbean Community (CARICOM) – EU (on-going negotiation on the EPA) ("Economic Partnership Agreement") Caribbean Community (CARICOM) – MERCOSUR (Open for discussions in May 2005)
The Canadian government announced in February 2009 that it was adding Afghanistan to its list of preferred countries to receive foreign aid. [114] Afghanistan has an embassy in Ottawa. Canada had an embassy in Kabul. See also: War in Afghanistan, Embassy of Canada in Kabul, List of ambassadors of Canada to Afghanistan Armenia: 1992
Visa requirements for Canadian citizens are administrative entry restrictions by the authorities of other states placed on citizens of Canada.. As of 2025, Canadian citizens had visa-free or visa on arrival access to 185 countries and territories, ranking the Canadian passport 7th in the world according to the Henley Passport Index. [1]
Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995, having been an original GATT member since 1 January 1948.. The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included.