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Conflicting Reports on Canada-China Launching FTA Negotiations

By Chuck Chiang, Vancouver Sun Apr 12, 2016

Canada may have begun negotiations for a free-trade agreement with China, according to conflicting statements from Ottawa officials.

 

A spokesman from the federal Ministry of International Trade said Canada is not engaged in FTA negotiations with China, responding to comments made earlier on Saturday by Liberal Steveston-Richmond East MP Joe Peschisolido.

“Expanding trade with China is a key piece in the International Trade Minister’s mandate letter,” said ministry press secretary Alex Lawrence. “We are certainly looking at all avenues to further deepen our trade and investment relationship .‎‎.. ‎we’re not engaged in negotiations.”

Peschisolido, at the opening of the Vancouver China Culture Centre in Richmond, told the crowd in attendance that the government of new Prime Minister Justin Trudeau has launched negotiations with Beijing, drawing one of the event’s loudest applauses.

“About four months ago, we officially started negotiations with the People’s Republic of China on our free-trade agreement,” Peschisolido said. “It will be a comprehensive deal, dealing with all sectors.”

Chinese officials said in January it is open to an FTA with Canada, but said Ottawa needed to make concessions on investment restrictions, as well as commit to a energy pipeline to the Pacific coast. The previous administration in Ottawa under Stephen Harper reached an FTA with South Korea – Canada’s first FTA with an Asian market – but had said Canada’s trade deficit with China needed to be addressed before a bilateral FTA negotiation can begin.

On Saturday, Peschisolido said the South Korea trade pact may be a roadmap for Canada to follow in seeking an agreement with Beijing, as well as re-starting talks with Japan – where FTA talks have been stalled for years.

Read Full Article on Vancouver Sun »