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Canada Signs Deal With Ecuador and Concludes Trade Talks With the UAE

The announcements set in motion legal reviews and parliamentary ratification that will determine whether tariff cuts and major investment pledges move forward.

Overview

  • Canada and Ecuador signed a free-trade agreement in Ottawa on July 24, 2026, in a ceremony that was not open to the public and included Ecuador’s minister of production, foreign trade and investment.
  • The Ecuador pact, whose negotiations ended in early 2025, would require Ecuador to effectively remove tariffs on Canadian imports and follows nearly $2.2 billion in bilateral trade in 2025.
  • Canada and the United Arab Emirates said they concluded negotiations on a separate free-trade agreement after a 47-day process and will move next to legal review, signing and parliamentary ratification.
  • The UAE deal comes after a year when bilateral merchandise trade was about $3.4 billion and the UAE pledged roughly $70 billion in potential investment in Canada, which officials say could lead to investment announcements soon.
  • Canadian environmental and human-rights groups have publicly opposed the Ecuador agreement, arguing it risks ecological damage and could worsen rights abuses, a challenge that could shape parliamentary debate and the ratification timeline.