Leaders of Canada, Japan Discuss CPTPP Benefits
Prime Minister of Canada Justin Trudeau met with Prime Minister of Japan Shinzo Abe on April 28 and discussed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a news release from Trudeau's office. "There has been a…
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significant increase in demand for Canadian products since the CPTPP came into force," it said. "For example, some Canadian beef products exported to Japan have increased nearly threefold." Also, the two leaders signed a Memorandum of Cooperation that "will make it easier for Canadian and Japanese companies to work in partnership, and will drive investment in both our countries." Jim Carr, minister of international trade diversification, said: "Our close economic ties with Japan have never been stronger thanks in large part to our new trade deal with Asia and Pacific countries -- and our government is strengthening those ties even further. That’s why we’re adding trade commissioners right across Canada, and putting new trade commissioners in three major Japanese cities to help our businesses and economy grow."