A U.S. or Mexican citizen permanently residing in Canada is not allowed to bring an employee under merchant status to Canada. Similarly, shares of a company or other business organization owned by a U.S. or Mexican citizen permanently residing in Canada cannot be considered in determining majority ownership in order to qualify the company as a trader for employee involvement. This report examines the impact of agri-food GCC trade and participation on labour yields and thus on employment, not only in agricultural sectors, but also in other economic sectors. Colombia`s economy is the third largest in Central and South America. The International Trade Commission (ITC) estimates that the agreement`s tariff cuts alone will increase exports of U.S. goods by more than $1.1 billion and support thousands more American jobs. The agreement will provide significant new access to Colombia`s $166 billion services market and provide more opportunities for U.S. service providers. More than 80 percent of the United States exports industrial products to Colombia, including almost all agricultural and construction products, aircraft and spare parts, auto parts, fertilizers and agrochemicals, and computer equipment.
The remaining industrial tariffs will expire over a ten-year period, significantly increasing U.S. exports, since average tariffs on U.S. industrial exports are between 7.4 and 14.6 percent. More than half of U.S. agricultural exports to Colombia will be immediately exempt from tariffs, including wheat, barley, soybeans, high-quality beef, bacon, almost all fruits and vegetables, cotton, and processed products. . . .