Does Canada Have A Trade Agreement With China

Champagne added that their first priority was to bring back Michael Kovrig and Michael Spavor, who were charged with spying in China in June. To date, China has signed 14 free trade agreements and is currently negotiating 8 more. Of these signed agreements, six have been concluded with industrialized countries; Australia, Iceland, New Zealand, Singapore, South Korea and Switzerland. A new consensus seems to have been reached on Parliament Hill. The pious sermon, which generally marks the Conservative government`s approach to Sino-Canadian relations, has been cleverly supplanted by a far more cautious tactic: diplomacy! The focus is now on China`s enormous potential as an emerging consumer market and a place of investment for Canadian banking and insurance interests. This change in the Conservative Party`s strategy is not surprising. While a position of principle and (largely rhetorical) on China`s human rights record can be taken into account in addressing some of the most gullible elements of Canadian society, it is unlikely to have a discernible impact on internal security or on communist Party containment procedures. Nor is it particularly related to Canadian trade policy. As we have seen below, Ottawa has often sacrificed the principle of profit to strengthen the country`s relative competitiveness.

In addition, China`s political elite recognizes that many «liberal democrat» regimes have a history of racial discrimination, dual language on foreign policy, and other issues and human rights violations. And they do not appreciate being unfairly dominated by countries like Canada, which continue to face serious and persistent social and political problems such as homelessness, child poverty, police brutality and the less satisfactory living conditions of many isolated Aboriginal communities. This article first appeared on Policy Options and is published here under Creative Commons license. China is also Canada`s second largest export market and raised $4.7 billion in 2014 in Canadian agricultural and agri-food products. Unlike many of Canada`s trading partners, exports to China continued to increase and declined during the global economic crisis. One of Canada`s most important foreign policy objectives is the promotion of human rights and democracy in regimes that have a high level of political repression. We argue that, in the case of China, the creation of more open trade relations with the Middle Kingdom will ultimately lead to an increase in political empowerment and social progress. Indeed, Ottawa`s attempt to reach an agreement with Beijing on the promotion and protection of foreign investment (FIPA) does not go far enough. China`s progress continues to defy expectations, but it remains a little narrow in intent and scale – getting rich is wonderful! Nevertheless, the Communist Party`s income redistribution and economic development campaigns have improved the standard of living of millions of Chinese.

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