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Trudeau and May vow cooperation for smooth post-Brexit trade

Staff Writer |
Canada's free trade deal with the European Union will form the basis for the post-Brexit economic relationship between Canada and Britain, UK Prime Minister Theresa May and Canadian Prime Minister Justin Trudeau said.

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The two leaders also vowed to join forces in a fight to get aerospace giant Boeing to drop its trade complaint against Montreal-based Bombardier, which has a manufacturing operation in Northern Ireland.

May, who is on a one-day visit to Canada, told a news conference in Ottawa that she had discussed the Bombardier case with US President Donald Trump and intended to press him on it further this week when the two meet on the sidelines of the UN General Assembly in New York.

Speaking to reporters following a meeting on Parliament Hill, Trudeau and May said they agreed that the Comprehensive Economic & Trade Agreement between the EU and Canada, which comes into provisional effect on Thursday, will form the basis of the bilateral trading relationship after Britain leaves the EU.

"We believe it makes sense to take the trade agreements the UK is part of as part of the EU with Canada and say that's the basis, at the point we leave, for a bilateral relationship between the UK and Canada," May said.

May said her government has already discussed this with the EU.

CETA, which eliminates more than 90% of all barriers in trade between Canada and EU, provides "an excellent basis for ensuring a smooth transition" in the post-Brexit period, Trudeau said.

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