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China and Canada talk trade of doubling volumes in 10 years
CANADA and China have agreed to launch exploratory talks on a possible free-trade agreement, the leaders of both countries have said.
According to the Wall Street Journal, Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang made the announcement in Ottawa, during Mr Li's trip to Canada.
Canada's Liberal government, which came to power last fall, has pledged to improve dialogue with Communist China, something Mr Trudeau says Canada's previous Conservative government failed to cultivate.
The goal, Mr Trudeau said, is to double bilateral trade between Canada and China by 2025. Two-way trade between the two was roughly C$60.37 billion (US$46.08 billion) in 2015, according to Statistics Canada, trailing only Canada's bilateral trade with the US and with the European Union.
According to the Wall Street Journal, Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang made the announcement in Ottawa, during Mr Li's trip to Canada.
Canada's Liberal government, which came to power last fall, has pledged to improve dialogue with Communist China, something Mr Trudeau says Canada's previous Conservative government failed to cultivate.
The goal, Mr Trudeau said, is to double bilateral trade between Canada and China by 2025. Two-way trade between the two was roughly C$60.37 billion (US$46.08 billion) in 2015, according to Statistics Canada, trailing only Canada's bilateral trade with the US and with the European Union.
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