US EditionTrade Minister Maninder Sidhu eyes new markets, smaller trade delegations
CANADA, AUG 3 – Trade Minister Maninder Sidhu aims to diversify markets beyond the U.S. and leverage 15 free trade agreements covering 51 countries and 1.5 billion consumers, officials said.
- Amid a push to diversify markets, Sidhu noted Canada has 15 free trade agreements covering 51 countries and over 1.5 billion consumers.
- Sidhu emphasized the need to diversify markets as the UK prepares to join a Pacific-focused trade bloc soon.
- Bringing smaller, sector-focused delegations, Sidhu said he aims for maximum impact and plans to visit Brazil soon to revive Mercosur trade talks.
- Amid departmental spending cuts, Global Affairs Canada is assessing impacts on the trade branch, while Ottawa is reviving the Joint Economic and Trade Commission with China to sort out trade irritants.
- Over coming weeks, trade talks with the U.S. will continue, Dominic LeBlanc said, and Canada may pursue sector-specific agreements instead of comprehensive deals.
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The new Federal Minister for International Trade, Maninder Sidhu, said he wanted to enter into agreements in South America, South-East Asia, Africa and even elsewhere.
Trade Minister Maninder Sidhu eyes new markets, smaller trade delegations
Ottawa’s new trade minister says he’s looking to sign deals in South America, Southeast Asia, Africa and beyond — and to convince businesses to actually use the trade agreements Canada has already signed.
Breaking News, Sports, Manitoba, Canada
OTTAWA—The new federal Minister of International Trade, Maninder Sidhu, says he wants to enter into agreements in South America, South-East Asia, Africa and even elsewhere. He also wants to convince the business community to use the trade agreements already signed by Canada."My main role as Canada's first seller is to be constantly looking for new markets and to open doors to business people," said Sidhu in an interview with The Canadian Press. …
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