What Trade Agreements Does Canada Have With China

Mr. Champagne`s comment put on hold the idea of a free trade agreement with the world`s second-largest economy, for which Prime Minister Justin Trudeau was under pressure from domestic policy critics who accused him of being too willing to make concessions in exchange for greater trade with China. bit.ly/32GgBAs Canada negotiates bilateral free trade agreements with the following countries and trading blocs:[7] In September 2014, the former Harper government ratified another agreement with China, the Fipa agreement with China on the promotion and protection of foreign investment. The announcement came almost exactly two years after the agreement was signed and was first announced to the Canadian public. READ MORE: Study says Canada needs trade with China, but the USMCA has shown this story more difficult as breaks with China are rarely permanent. Just five years after the 1989 massacre in Tiananmen Square, “things were on the right track,” said Prof Houlden, a former diplomat twice sent to Beijing. “Governments are entering into these free trade agreements so that they can decide when the time is right. I agree with the minister,” said Goldy Hyder, President of the Business Council of Canada. 2009: Mr. Harper makes his first trip to China to improve relations – just to deal with an unusual public rebuke from Prime Minister Wen Jiabao: “This is your first visit to China and the first meeting between the Chinese Prime Minister and a Canadian Prime Minister in nearly five years. Five years is too long for China-Canada relations, so there are media comments that your visit should have taken place earlier. Now, none of this should be taken so that Canada has no trade with China.

Burton, the Macdonald-Laurier Institute report and current and former Conservative leaders agree that Canada`s relationship with China should be maintained without a free trade agreement. Former Canadian Prime Minister Stephen Harper said last December in an interview with Fox News that an example of this threat could be seen in an existing partnership between Canada and Chinese telecommunications company Huawei. Turning away from the idea of free trade with China is “realistic,” said Gordon Houlden, director of the Chinese Institute at the University of Alberta. Such an idea has been “politically incurable for some time – and totally incurable without solving the two cases of Michael and Mrs Meng.” 2017: Chinese President Xi Jinping intensifies a campaign to “re-educate” Uighurs, an ethnic group in the Xinjiang region, most of whom are Muslims. Alarming reports of indoctrination and forced labour camps that are the subject of international opinion against Beijing and its signed commercial projects and infrastructure, such as the Belt and Road initiative. Canada is helping to organize diplomatic efforts to blame China in an official letter, much to Beijing`s chagrin. The report also notes that the Canada-China trade deficit has been growing steadily since 2010. Canada`s annual trade deficit with China exceeded CAD 44 billion in 2017, more than Canada`s overall trade deficit of $42 billion. Canada is conducting exploratory discussions on bilateral or multilateral free trade agreements with the following countries and trading blocs, although formal negotiations have not yet begun:[7] Prime Minister Justin Trudeau walks in 2016 at beijing`s Diaoyutai State Guesthouse with Chinese President Xi Jinping.