Canada looking to wrap a trio of trade deals this year: minister
Ottawa says the agreements would expand markets and help Canadian exporters compete as India, Mercosur and ASEAN pursue new trade ties.
- International Trade Minister Maninder Sidhu announced Canada aims to sign major free-trade agreements with Mercosur, the Association of Southeast Asian Nations, and India by the end of 2026.
- Prime Minister Mark Carney's administration has signed 20 strategic trade and defence agreements worldwide over the past year, driving the pursuit of additional deals.
- Indian Commerce Minister Piyush Goyal will bring one of the largest delegations to Canada at the end of May; India needs 70 per cent more energy by 2040, creating mutual benefits for Canadian energy exports.
- Negotiators were in Brazil this past week to advance Mercosur talks as Sidhu emphasized Canada must secure preferential access to remain competitive with the European Union and the United Kingdom.
- Sidhu stated Canada is "negotiating as fast as possible" while prioritizing "real wins" rather than signing deals "for the sake of signing." The minister cautioned timelines depend on exploring genuine opportunities.
38 Articles
38 Articles
Minister Maninder Sidhu hopes that agreements with India, the Association of Southeast Asian Nations and Mercosur will be finalized this year.
Canada looking to wrap a trio of trade deals this year: minister
OTTAWA - Canada's international trade minister says the government is looking to sign three major trade deals before the end of the year — with Mercosur, the Association of Southeast
The Canadian Minister of Trade stated that the federal government was planning to sign three major trade agreements before the end of the year — with Mercosur, the Association of Southeast Asian Nations and India.
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