Once that happens, Ng said the Brits can boost Canada’s efforts to form closer ties with countries across Asia. still wants to be able to sell more cheese in Canada’s supply-managed dairy sector, which is regularly challenged in trade tribunals.īritain’s membership in the Pacific trade dealwill still need to be formally ratified by all members of the bloc. That leaves the bilateral talks up to market-access issues. Ng agreed, saying the Pacific deal aligns both countries’ values around trade. Being part of the larger bloc “will make it easier to move at a faster pace.” “We reckon we’re about halfway through, which is where we expected to be at this stage,” she said. She said negotiations for the bilateral deal should conclude in mid-2024. “Canada have been tough negotiators, I think that’s fair to say, but they’ve been fair and we’re at a place where we’re both happy.” “They were the first to put their hand up and support us, and that was really great,” she said. left the European Union, but that post-Brexit deal expires next year.Ī British official familiar with both trade negotiations with Canada, who provided the briefing on the condition she not be named because she is not a spokesperson, said Ottawa has supported London’s accession while pushing to benefit from the U.K. Ottawa and London have been operating under an interim trade deal since the U.K. The Pacific deal has also sorted out some technical issues, which have reportedly included food-sanitation standards. would be the first member to not touch the Pacific Ocean, aside from the remote Pitcairn Islands, a British overseas territory that sits between New Zealand and South America.īritish and Canadian officials said the move should speed up negotiations for a bilateral deal between the two countries, since they’ve already established common ground on issues such as labour rights and supporting small businesses through the Pacific deal. “It’s a good agreement, but having the United Kingdom in there helps us do something else … on the net-zero industries of the future.” “If you look at countries like Vietnam, it just jumps out at you,” she said. Since the deal launched four years ago, Ng said it has boosted Canadian exports to the bloc by nearly one-fifth, and by as much as 40 per cent in Southeast Asia. We essentially have collaborated throughout our history,” Ng said. We have interoperability in many of our sectors. Ng saidCanada was the first member of the bloc to push for Britain to be included, though Japan has been facilitating the U.K.’s accession process, and London and Ottawa have sparred over allowing more beef exports to Britain. Ng responds to question during question period on Parliament Hill in Ottawa on Dec. International Trade Minister Mary Ng says the move will help Canada partner with Britain on clean-energy projects. a green light to become the twelfth country in the trading bloc. The countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership will give the U.K. “We have always been supportive of the U.K., right from Day 1.” “It’s a good day,” International Trade Minister Mary Ng said in an interview. a green light to become the 12th country in the trading bloc, and the only one outside the Pacific Rim. The countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership have giventhe U.K. OTTAWA – Britain is set to join a massive trade bloc that will likely speed up negotiations on a bilateral deal between Ottawa and London. Free Press 101: How we practice journalism.
0 Comments
Leave a Reply. |