4 The purpose of this Act is to implement the Agreement and the bilateral agreements, the objectives of which, as elaborated more specifically through their provisions, are to
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(a) establish a free trade area in accordance with the Agreement and the bilateral agreements;
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(b) promote, through the expansion of reciprocal trade, the harmonious development of the economic relations between Canada and the EFTA states in order to foster in Canada and in the EFTA states the advancement of economic activity;
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(c) provide fair conditions of competition affecting trade between Canada and the EFTA states;
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(d) establish a framework for further co-operation between Canada and the EFTA states in the light of developments in international economic relations, in particular with the aim of liberalizing trade in services and increasing investment opportunities; and
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(e) contribute, by the removal of barriers to trade, to the harmonious development and expansion of world trade.
