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China and Canada consider free trade zone

Staff Writer |
A feasibility study into a free trade zone between China and Canada is to be undertaken, according to Chinese Premier Li Keqiang after the meeting with Canadian Prime Minister Justin Trudeau.

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Trudeau is currently on his first official visit to Beijing.

“China and Canada have multi-vector cooperation in trade and the economy. The parties have agreed to prepare a feasibility study for the establishment of a free trade zone between China and Canada as soon as possible,” the premier said at a news conference with Trudeau.

China is Canada's second-largest trading partner after the US.

The two countries should send a signal to the global community to defend the liberalization of international trade and promote simpler implementation of investments, according to the Chinese premier.

"Succeeding in the global economy of tomorrow will require strategic partnerships and openness to the world. That's why, in addition to helping families and making historic infrastructure investments at home, we are forging new ties with international partners.

"Canada is always looking for ways to create hope and opportunity for our middle class as well as for people around the world, and membership in the AIIB is an opportunity to do just that," said Bill Morneau, Minister of Finance.

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