(Story: CP24 – The Canadian Press | Video: Global National)
Canada and Japan have agreed to enter free trade talks.
Prime Minister Stephen Harper and his Japanese counterpart made the announcement following a bilateral meeting in Tokyo on Sunday. “These are important steps forward; historic steps forward,” Harper said before the bilateral meeting.
Harper said a deal would strengthen the Canadian economy by generating billions of additional dollars in commerce with Japan. He estimated Canadian exports to the island nation could increase by two-thirds.
After being shut out Trans-Pacific Partnership talks, both countries embarked on a joint study on economic co-operation, which Canadian government officials say found complimentary areas. Read more here.
Date: March 27, 2012