Bilateral relations between Canada and Jamaica are close and extensive. With the largest population in the Caribbean, Jamaica is a long-standing and important partner for Canada. Canada is actively engaged with Jamaica on a wide range of issues, including; Security and defence cooperation, trade and investment relations and development. Canada and Jamaica cooperate within the Commonwealth, the United Nations and the Organization of American States. There is a large Jamaican community in Canada, estimated at 300,000 people, and hundreds of thousands of Canadians visit Jamaica each year. These interactions foster the continuation of positive relations between our two countries. Canadians and Jamaicans work in areas of central importance, including security, human rights and development. There are many links between our two countries, including tourism, volunteering opportunities, business activities and educational exchanges. The CARICOM-U.S.
Framework Agreement (TIFA) was signed on 28 May 2013 and aims to strengthen economic relations between the United States and the Caricom countries by strengthening cooperation and promotion of trade and investment. As part of this agreement, the U.S. Trade and Investment Council (CARICOM) is created to facilitate discussions between CARICOM and the United States on trade and investment issues. See the text of the agreement under the link: ustr.gov/sites/default/files/US%20CARICOM%20TIFA%20US.pdf On July 1, 2007, Canada and CARICOM began negotiations on the Canada-CARICOM Free Trade Agreement, a regional trade pact to expand trade between Canada and the Caribbean Economic Community. Seven rounds of negotiations took place during the last official round in April 2014. Largest trade deficit in 2017: Other manufactured goods at $107.4 million There is also the 1979 agreement on trade and economic cooperation between the Government of Canada and the governments of Caribbean Common Market member states. See the link: www3.nd.edu/~jbergstr/DataEIAs2006/FTA5yrData_files/PDF%20Files/North%20 Americas/Canada%20%20CARICOM%20 (1973) .pdf Remarkable Trade and Investment Agreements between Canada and Jamaica Take the next step. Explore opportunities to increase your footprint in Jamaica with the help of our Trade Commissioner Service (TCS) and learn more about trade relations between the two countries, market facts and other discoveries. Trade deficit in 2016: mainly due to trade in travel services In the economic indicators section, data on GDP in PPP, GDP per capita in PPP, population and international exports and imports of goods come from the World Bank`s global development indicators database. Trade rankings for goods and services are based on Statistics Canada data.