Free Trade Agreement China And Canada

To be fair, it could be said that the conclusion of an investment promotion and protection agreement is much less complicated than establishing more open trade relations with the CPP. This is certainly a defensible position. Ottawa`s negotiating teams should address the issue of «labour standards» if they follow a path of trade liberalization with China. Correcting gaps in «work management» practices is a huge problem that would be difficult to overcome. For example, China has about 30 Special Economic Zones (SEZ), which employ about 13 million workers. In general, working conditions are unpleasant. In addition, many rural and remote areas of farmers migrate to these areas each year in search of work. This stray army of unemployed farmers unwittingly strengthens the bargaining position of employers and has a depressing effect on wages, health and safety standards. Although Canada does not operate SEZ (better known as export processing zones[CPE]), it does have experience negotiating trade agreements with countries that do.

The perfect example is Mexico (which uses the term maquiladoras instead of CPE) and has a similar history of worker exploitation and poor working conditions. While tariffs on most goods exported from Switzerland were to be reduced for a period of 15 years, tariffs on goods exported from China to Switzerland were immediately abandoned as soon as the agreement came into force. Given that tensions between Canada and the United States have escalated further since President Donald Trump took office, there has been much talk of trade negotiations with other countries to reduce Canada`s trade dependence on the United States. Mr. Champagne`s comment put on hold the idea of a free trade agreement with the world`s second-largest economy, for which Prime Minister Justin Trudeau was under pressure from domestic policy critics who accused him of being too willing to make concessions in exchange for greater trade with China. bit.ly/32GgBAs 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.