Trade Agreements Between Canada And Germany

Trade Agreements Between Canada And Germany

Aeronautics and space are one of the most innovative and efficient sectors in Germany. Germany has a very active aerospace industry with CAE, Bombardier, Pratt and Whitney Canada and MDS Aero Support among the Canadian companies with a presence in the country. Aerospace affects all the pillars of international trade – trade, investment and innovation – and Canadian aerospace companies could continue to benefit from investment in Germany. Canada-Germany Trade and Investment Agreement: He was followed by Dr. Guido Westerwelle, Vice-Chancellor and Minister of Foreign Affairs of Germany, who took the opportunity to thank Canada for its support of German unity in recent decades. In his policy speech, he stressed the importance of free trade and celebrated the ever-growing partnership between Canada and Germany, based on shared values and ideas. “By combining the best of research and science in many countries, we remain competitive in a globalized world. In this regard, Germany, the EU and Canada have much to offer,” said Guido Westerwelle. Germany is one of the densest countries in Europe. About 11.4 million hectares, or one third of the country`s territory, are covered by forests.

German forests have increased by more than one million hectares over the past five decades. Germany is at the forefront of other European countries. Canadian manufacturers are very interested in German wood technology and are present at numerous trade shows and conferences in Germany: with 82.4 million people, Germany is the largest country in the European Union (EU). It is one of the top 20 countries per capita in terms of global gross domestic product, making it one of the richest countries in the world. For Canadian exporters, the activity in Germany offers not only access to this rich domestic market, but also to the world`s largest trading bloc. The Canadian German Chamber of Commerce Inc. is the official representative of German trade and industry in Canada. It is the main interlocutor of Canadian and German companies wishing to do business in the other company`s countries. Additional information: www.germanchamber.ca There are also cooperations between the Canadian and German states, such as Alberta with Saxony, Hamburg with Manitoba, Ontario with Baden-Wuerttemberg and Quebec with Bavaria, Saxony and Brandenburg. Ontario has an office at the Consulate in Munich, Quebec offices in Berlin and Munich.


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