New Trends in Free Trade Agreements – Canada, the EU and the BRICS
Canada and the European Union are working out the final details of their newly minted Free Trade Agreement . The first of these modern agreements will be completed with Canada in the midst of new agreements being discussed with Brazil as well as added access for Colombians and with Mercosur as a whole. The Canadian agreement is unique as it addresses agreements on mutual access to government procurement contracts between Canada and the EU. With many BRICS nations needing to change their economies from manufacturing exports and exporting natural resources into more research intensive skills, a Canada-EU style agreement may make it easier for the movement of Research and Development as well as Intellectual Property into places like China and Brazil. It is no secret that recent government policies in BRICS nations are focused on expanding their own growing R+D programs, promoting local skills and technology outside of their own region. With the aging population in China, the young ...