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4 December, 2017 00:00 00 AM / LAST MODIFIED: 3 December, 2017 10:22:10 PM
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Trudeau encouraged to pursue long-term deal with China

XINHUA, OTTAWA: As Canadian Prime Minister Justin Trudeau is set to begin his official visit to China, a business association in Canada believes Trudeau’s visit will include trade negotiations with China as Canada’s trade pact with the US and Mexico is in increasing uncertainty.

“I think it’s important that he’s going to Beijing because of what we’ve heard in Washington,” said former Canadian cabinet minister Perrin Beatty, who now serves as president and chief executive officer of the 92-year-old Canadian Chamber of Commerce.

On Thursday - three days before Trudeau’s trip to China on Sunday - the US website POLITICO published comments from Canada’s ambassador in Washington DC David MacNaughton in which he described the Trump administration’s approach to renegotiating the North American Free Trade Agreement (NAFTA) as “take, take, take” and warned that as a result then talks might not “end well.”

“If we are wise, we should be looking to diversify our trade,” said Beatty, a frequent visitor to China, who was in the country last year during Trudeau’s first trip when the Canadian prime minister attended the G20 meeting in Hangzhou.

In September, the Canadian Chamber of Commerce released a “business checklist” for trade negotiations with China, and urged the Canadian government “to intensify its economic relationship” with China, which it noted is the world’s second-largest economy and has a larger middle class than the US.

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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