Caribbean-Canada Trade Agreement (Caribcan)

Under Prime Minister Trudeau`s government, Canada`s trade policy is based on its commitment to multilateralism and supports the reform of the World Trade Organization (WTO); implement its trade diversification strategy, which aims to increase exports by 50% by 2025; and to ensure that the benefits of trade include all components of society, through public consultations and provisions that protect and strengthen work and the environment, promote gender equality and the empowerment of women, take into account the interests of small and medium-sized enterprises (SMEs) and indigenous peoples. Canada`s major trading partners are the United States and Mexico, which is why it focused on revising the North American Free Trade Agreement (NAFTA), which has now become the United States,Mexico-Canada Agreement (USMCA).