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Trudeau: Canada to continue trade talks with China
CGTN
2018-10-16
Canada is continuing talks with China on deepening cooperation, with Canadian Prime Minister Justin Trudeau confirming on Monday the US-Mexico-Canada Agreement (USMCA) will have little effect on ties with Beijing.
Trudeau made the remarks at the 2018 Fortune Global Forum, which kicked off on Monday in Toronto.
"Let's talk about where we can work together, in areas that makes sense for both of us that will benefit Canadians. Certainly, discussions are continuing with China on moving forward on various trade opportunities," Trudeau said in an interview with The Globe and Mail before attending the forum Monday afternoon.
He said the US put forward a proposal during the negotiations that would have restricted Canada's ability to negotiate trade agreements with China, but that section was watered down in the final agreement.
"They put forward a proposal in the USMCA originally that was very, very rigid on trade with China," he said.
"We got them to a place where we agree to mutually discuss trade negotiations we might make with China, which is positive for us."
Canada has secured continued access to the all-important US market in the US-Mexico-Canada Agreement.
In a phone call last week, Chinese Foreign Minister Wang Yi told his Canadian counterpart, Foreign Affairs Minister Chrystia Freeland that Beijing hopes Ottawa will "advance the establishment of a China-Canada free-trade zone" and "take practical actions to protect the global free-trade system with China."
Trudeau said that one of the lessons of the long and contentious negotiations to salvage the North American free trade agreement is that Canada is too reliant on the US, the destination for nearly three-quarters of Canadian exports.
"I think we've all recognized that diversifying our trade is extremely important and we're happy to continue to engage with the Chinese, there's no question about that," Trudeau said.
https://news.cgtn.com/news/3d3d414f3467444f7a457a6333566d54/share_p.html
***
@Chinese-Dragon , @LeGenD , @long_ @shadows888 , @bbccdd1470 , @rambro
CGTN
2018-10-16
Canada is continuing talks with China on deepening cooperation, with Canadian Prime Minister Justin Trudeau confirming on Monday the US-Mexico-Canada Agreement (USMCA) will have little effect on ties with Beijing.
Trudeau made the remarks at the 2018 Fortune Global Forum, which kicked off on Monday in Toronto.
"Let's talk about where we can work together, in areas that makes sense for both of us that will benefit Canadians. Certainly, discussions are continuing with China on moving forward on various trade opportunities," Trudeau said in an interview with The Globe and Mail before attending the forum Monday afternoon.
He said the US put forward a proposal during the negotiations that would have restricted Canada's ability to negotiate trade agreements with China, but that section was watered down in the final agreement.
"They put forward a proposal in the USMCA originally that was very, very rigid on trade with China," he said.
"We got them to a place where we agree to mutually discuss trade negotiations we might make with China, which is positive for us."
Canada has secured continued access to the all-important US market in the US-Mexico-Canada Agreement.
In a phone call last week, Chinese Foreign Minister Wang Yi told his Canadian counterpart, Foreign Affairs Minister Chrystia Freeland that Beijing hopes Ottawa will "advance the establishment of a China-Canada free-trade zone" and "take practical actions to protect the global free-trade system with China."
Trudeau said that one of the lessons of the long and contentious negotiations to salvage the North American free trade agreement is that Canada is too reliant on the US, the destination for nearly three-quarters of Canadian exports.
"I think we've all recognized that diversifying our trade is extremely important and we're happy to continue to engage with the Chinese, there's no question about that," Trudeau said.
https://news.cgtn.com/news/3d3d414f3467444f7a457a6333566d54/share_p.html
***
@Chinese-Dragon , @LeGenD , @long_ @shadows888 , @bbccdd1470 , @rambro
