What is the Canadian Initial Offer in Cross-Border Services and Investment?
Canada’s initial offer with in cross border services and investment is a preliminary list of reservations that Canada will require subject to final agreement on the provisions of any chapter of the Agreement and a satisfactory balance of rights and obligations. As is the case with other trade agreements, the FTAA services and investment chapters allow countries to file reservations for those measures they wish to maintain irrespective of some of the FTAA’s fundamental obligations. A negative list approach has been used for Canada’s joint offer for services and investment. This means that all service and investment sectors are a priori covered and are open, except those sectors and measures designated in the reservations. Canada has consistently adopted this approach in all its regional and bilateral investment and services negotiations, including NAFTA and the Canada-Chile Free Trade Agreement. The Government’s position on issues such as health, social services and public education has
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