The free trade agreement includes provisions on market access for goods, services, investment and government procurement. Almost 98 percent of each country’s tariff lines will ultimately be duty-free once the agreement is fully implemented. For apparel and home textiles the rule of origin, in general, is:
- for knits, yarn forward,
- for wovens of wool or man-made filament fibers, fabric forward, and
- for wovens of cotton or man-made staple fibers, yarn forward.
Engagement in the Americas has been a Canadian foreign policy priority since 2007. The Canada-Honduras Free Trade Agreement, Canada’s seventh free trade agreement in the Americas, is another important step toward creating the conditions for a dynamic, transparent and rules-based commercial and investment environment with economic partners in the Americas.