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Canadian Minister Highlights Trade Policy

by Mike Godfrey, Tax-News.com, Washington

05 March 2013


The Canadian Government is committed to "the most ambitious plan to open new markets" in the country's history, the Parliamentary Secretary to the International Trade Minister has said.

Speaking at the Atlantic Council of Canada’s first conference on trade and investment opportunities in Southeastern Europe, Gerald Keddy said: "Our Government is focused on what matters to Canadians — jobs, growth and long-term prosperity." Keddy highlighted what he described as Canada’s ambitious trade expansion plan, along with the country's investment and expertise at work in Southeastern Europe’s industrial, infrastructure, mining and agricultural sectors.

Total trade between Canada and Southeastern Europe — which comprises Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Georgia, Macedonia, Montenegro, Romania, Serbia, Slovenia and Turkey — has increased more than 70% since 2007. It reached nearly CAD3.6bn (USD3.5bn) at the end of 2012. Canada is also negotiating a comprehensive economic and trade agreement (CETA) with the European Union, and its agreement with the European Free Trade Association (Iceland, Liechtenstein, Norway and Switzerland) has been in force since 2009.

“When Canadian businesses succeed abroad, they create jobs and prosperity for Canadians in every region of our country. World-class Canadian project management, engineering and infrastructure companies are sharing their expertise with our trading partners throughout Southeastern Europe," Keddy added.

TAGS: business | Bosnia and Herzegovina | Iceland | Slovenia | mining | trade treaty | Albania | Bulgaria | Liechtenstein | Norway | Romania | Serbia | Montenegro | agreements | Canada | Georgia | Switzerland | trade | Croatia | Macedonia | Turkey

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