What are the benefits of government procurement agreements?
Foreign government procurement markets are worth hundreds of billions of dollars annually and offer significant potential opportunities for Canadian exporters. Government procurement agreements establish commitments that allow Canadian suppliers to participate in foreign government procurement opportunities on the same footing as domestic suppliers in those markets. Governments and taxpayers also benefit from the efforts to open government procurement markets. By allowing for the greatest possible competition, governments ensure they get the best possible good or service at the best value for the taxpayers’ money.
