Industry Newsinternational tradeagriculture canolachina canadadiplomacy
Canada and China Forge Strategic Partnership Ending Trade Tension
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Canada and China announced a comprehensive strategic partnership during high-level talks in Beijing on Friday, including China's removal of tariffs on Canadian canola that previously hampered roughly $2.7 billion in annual exports. The agreement also commits both governments to cooperation on climate initiatives, investment, research, and regular high-level security dialogues, with analysts estimating a potential $1.2 billion annual boost to canola exports while bilateral trade stays above $100 billion.
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