Arab Today, arab today canadas ratification of investment accord a positive signal
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Canada's ratification of investment accord a positive signal

Arab Today, arab today

Arab Today, arab today Canada's ratification of investment accord a positive signal

FIPA-China-Canada
Toronto - XINHUA

Canada's ratification of a foreign investment promotion and protection agreement with China signaled Ottawa's efforts to strengthen bilateral relations, a Canadian think tank expert told Xinhua on Thursday.
The ratification of the agreement ahead of this year's APEC meeting in Beijing is a signal that the Canadian government is looking toward strengthening its relations with China, said Domenico Lombardi, an expert on global economy from the Center for International Governance Innovation, a well-known Canadian think tank.
If this is the case, it is likely that Canadian Prime Minister Stephen Harper will prolong his stay in China in November, he said.
Harper is expected to attend an informal meeting of leaders of the Asia-Pacific Economic Cooperation forum.
Canadian International Trade Minister Ed Fast announced on Sept. 12 that the investment agreement has been ratified and will come into force on Oct. 1.
The agreement, signed in 2012, sets a framework of legal obligations and rights aiming at promoting investment in each other's country. But its ratification was delayed as a result of domestic disputes in Canada.
Lombardi said the ratification of the agreement is an important step toward strengthening bilateral relations, after some recent strain.
"It is also a signal that further negotiations could be forthcoming as early as November when Prime Minister Stephen Harper may decide to prolong his visit to Beijing ... to meet with Chinese leaders."
Besides, the ratification itself has significant impact on trade and investment between the two countries.
Although Canada's official announcement also stressed that the investment agreement is not a free trade agreement, its ratification was considered as Canada's important and meaningful stance to enhance closer economic cooperation with the world's second-largest economy.
Lombardi predicted that, from a long-term view, a free trade agreement with China would be consistent with the government's ambitions of expanding Canada's international business and diversifying trade so that Canada would become less reliant on the United States.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canadas ratification of investment accord a positive signal Arab Today, arab today canadas ratification of investment accord a positive signal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canadas ratification of investment accord a positive signal Arab Today, arab today canadas ratification of investment accord a positive signal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday