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Canada having more free-trade dialogue with China -minister

Published 2016-03-30, 04:32 p/m
© Reuters.  Canada having more free-trade dialogue with China -minister

By Fergal Smith
TORONTO, March 30 (Reuters) - Dialogue with China about a
free-trade agreement has increased since Canada's new Liberal
government took office late last year, Canada's international
trade minister said on Wednesday.
Chrystia Freeland made the comment in an interview after an
event in Toronto where Xue Bing, China's consul general in
Toronto, said Canada and China should start negotiations on a
bilateral free-trade agreement as soon as possible.
Freeland declined to say whether informal negotiations had
started on a deal, but said there had been "increased dialogue"
around the issue since November.
Expanding trade with China is one the goals cited by Prime
Minister Justin Trudeau in his mandate letter to Freeland.
Trade deals typically take years to negotiate. The Liberals
said in January they would take the "technical step" of signing
a 12-nation Trans-Pacific Partnership (TPP) trade deal, but have
not yet said whether they will formally ratify it. The deal does
not include China.
In her speech at the event on Wednesday, Freeland also noted
that when in opposition the Liberals made it clear that it was
"a lost opportunity" for Canada not to have joined the Asian
Infrastructure Investment Bank (AIIB) as a founding member.
"We are a government that likes to keep its promises, so
stay tuned," she said in the speech.
Canada's former Conservative government had said last year
it was actively considering joining the AIIB, despite U.S. and
Japanese reservations, but Canada was not among the 50 nations
that signed the articles of agreement.

(Editing by Sandra Maler)

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