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Canada to Modernize Israel Free Trade Agreement

Jan. 21 (Bloomberg) -- Canadian Prime Minister Stephen Harper announced his country will begin talks with Israel to expand the free trade agreement between the two countries.

Harper made the announcement following a meeting with Israeli Prime Minister Benjamin Netanyahu today in Jerusalem. They plan to enhance a trade agreement that came into force in 1997 with provisions to address regulatory matters and deal with other non-tariff trade barriers, according to a statement releaed by Harper’s office in Ottawa.

Negotiations between the two countries will begin Feb. 3, according to the statement.

In a separate statement, Harper said the two countries signed an agreement to promote growth and cooperate on energy security, international aid and development and human rights.

To contact the reporter on this story: Theophilos Argitis in Ottawa at targitis@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net

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