Ottawa takes another step toward free trade agreement with China – National | Globalnews.ca


Ottawa takes another step toward free trade agreement with China – National | Globalnews.ca

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The federal government has taken another step toward a free-trade agreement with China, officially launching three months of consultations that will help it determine “how to best proceed” with the possible deal.

The latest issue of the Canada Gazette announced a consultation process that will run until June 2, 2017.

The document notes that China is Canada’s second-largest trading partner after the United States, and that any trade agreement signed with the economic colossus (China had a GDP of CAD $14.8 trillion in 2016) could produce enormous economic benefits for Canadian businesses.

 

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