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Declaration on the Joint Economic Action Plan Canada-France 2016-2017

We acknowledge the 2016–2017 Canada-France Joint Economic Action Plan endorsed during the 19th session of the Canada-France Economic Meeting, held in Paris, France, on May 11, 2016.

The 2016−2017 Canada-France Joint Economic Action Plan extends and builds on the direction of previous bilateral cooperation and information exchange plans, and it seeks to revitalize the economic and commercial ties between Canada and France by implementing concrete initiatives.

Three areas of cooperation were identified in this regard and will be carried out as follows:

  1. Supporting Canadian and French companies in the areas of business development, market access and promotion of cross-investment

    Canada and France pledge to promote closer cooperation among the various economic development agencies, the regular exchange of information and the implementation of joint initiatives. Plans include joint consultations when developing annual strategies for economic and commercial services, periodic exchanges of information on France’s presence and trade activity in Canada, and Canada’s presence and trade activity in France, and regular contact to plan trade missions and shows.
  2. Promoting the ratification and implementation of the Comprehensive Economic and Trade Agreement between Canada, of the one part, and the European Union and its Member States, of the other part (CETA)

    Canada and France pledge to promote the ratification and implementation of CETA and to help companies fully benefit from the agreement, once it has been implemented, through targeted activities and regular information-sharing with the private sector. According to the Agreement, the Canadian and French business communities must be informed so they can take advantage of this agreement once it is implemented, and thus help to strengthen bilateral trade ties. Economic and commercial services will be an excellent channel of information to support the Canadian and French business communities in these efforts.
  3. Strengthening cooperation in the areas of competitiveness, innovation, and science and technology

    Canada and France pledge to help ensure that innovation, science and technology leverage growth and further contribute to the economic development of the two countries. The tool for this development is the Bilateral Working Group on Innovation and Science and Technology, or “GT Innovation.” Through this group, Canada and France will make efforts to help market new technologies, exchange best practices and put start-ups in touch with mature companies. Special attention will also be focused on projects involving advanced manufacturing, electric vehicles and sustainable agriculture (as well as any other sector that the two countries view as presenting genuine opportunities for bilateral technological partnerships).

Follow-up

With a view to achieving the objectives set out in this declaration, France and Canada will maintain an ongoing dialogue and information exchange to identify and implement collaborative and partnership initiatives.

We understand that a mid-term review of the implementation of the 2016–2017 Joint Economic Action Plan will be conducted by the Canadian and French co-chairs of the Joint Economic Action Plan.

We also understand that the 20th Canada-France Economic Meeting will be held in Canada at the end of 2017, at which time the first item on the agenda will be to assess the results achieved through the implementation of the 2016–2017 Joint Economic Action Plan.

 

Signed in duplicate at                               , on the            day of                 , 2016, in the English and French languages, each version being equally valid.

 

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For the Department of Foreign Affairs, Trade and Development of Canada

 

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For the Ministry of Foreign Affairs and International Development of the French Republic

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Date Modified:
2016-10-12