Canada shrugs China’s application for participation in a Pacific Rim trade agreement

At a joint press conference after the Trans-Pacific Partnership (CPTPP) meeting held in Tokyo on January 19, 2019, Economic Minister Toshimitsu Motegi (center) will sit with other ministers and representatives of the Pacific trade zone. Canada calmly accepts China’s interest in joining the Pacific Rim trade bloc of 11 countries, which it considers to be an important gateway to diversifying trade with other Asian countries. (Canadian Press / AP-Eugene Hoshiko)

Ottawa — Canada has chilled China’s interest in joining the Pacific Rim trade bloc of 11 countries, which are considered important gateways to diversifying Canada’s trade with other Asian countries. ..

A spokesman for International Trade Minister Mary Ng said Canada recognizes China’s desire to participate in a comprehensive and progressive agreement on the Trans-Pacific Partnership, but has not yet discussed it with the People’s Republic. rice field.

Chris Zhou states that China is only allowed to join the CPTPP if it meets the “high standards” required by its member states.

Canada’s words about the potential promotion to China’s agreement reflect the attitude of Japan’s new prime minister, Fumio Kishida, after taking power on Monday.

Trade analysts say Canada should voicely oppose China’s entry into trade agreements that include Australia, Brunei, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

They say the safe return of Michael Kovrig and Michael Spavor to Canada gives the federal government more room to voicely oppose China’s participation in the deal.

Canadian press