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CME welcomes government’s commitment to open markets

Published by Derek Lothian on November 15, 2011

CME President & CEO Jayson Myers was in attendance this morning as International Trade Minister Ed Fast and Minister of State for Small Business Maxime Bernier announced the government would be reintroducing legislation needed to implement free trade agreements with Panama and Jordan. Following the announcement, Myers issued this statement:
"The implementation of these agreements will improve the access to two growth markets for Canadian goods, services and investment at a time when Canadian manufacturers and exporters are focusing on finding new customers and business opportunities around the world. We urge Parliament to pass this legislation quickly – this is especially critical in a context where our main trading partner, the United States, has implemented its trade agreement with Jordan last year and ratified its agreement with Panama last month."

Myers further expressed support for the government’s decision to announce its intention to join the Trans-Pacific Partnership (TPP) negotiations, noting it is important that Canada be at the negotiating table for what is shaping up to become a major trade deal opening up markets in the Asia Pacific region.

“We welcome the government’s commitment to open markets through bilateral and regional trade agreements, and hope Canada will soon be able to formally join the TPP negotiations. Assuming Canada does join these negotiations, CME will work closely with the government to ensure the trade agreement provides a net economic benefit to Canadian manufacturers and exporters.”

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