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Andrew Scheer announces upcoming travel to United Kingdom to promote free trade

时间:2018-02-10 14:42:05  作者:  来源:  查看:92  评论:0
导读: Andrew Scheer announces upcoming travel to United Kingdom to promote free trade February 9, 2018 FOR IMMEDIATE RELEASE Ottawa, ON – The Leader of Canada’s Conservatives, the Honourable Andrew Scheer, today announced that a Conserv..
Andrew Scheer announces upcoming travel to United Kingdom to promote free trade
 
February 9, 2018
FOR IMMEDIATE RELEASE
 
Ottawa, ON – The Leader of Canada’s Conservatives, the Honourable Andrew Scheer, today announced that a Conservative government will seek to expand Canada’s trade relationships around the world, beginning with the United Kingdom.
 
“I’ll be taking the initiative to promote Canadian free trade when I travel to the United Kingdom later this spring.,” said Scheer. “Our positive Conservative vision includes exploring new opportunities for job creation here in Canada, and a Conservative government in 2019 will make establishing a free trade relationship with the United Kingdom a priority.”
 
In a time when protectionism threatens the prosperity brought to millions of Canadians by our free trade relationships, a Conservative government led by Andrew Scheer will fight for the jobs and opportunity created by expanding trade with like-minded partners.
 
“Some would say that now is a time for caution, a time for incremental gains and an effort to salvage what little we can,” said Scheer. “But, I say there is a case to be made for being bold.”
 
The Conservatives are Canada’s party of free trade, having secured free trade access to more than 50 countries while in office. Major trade agreements such as NAFTA and the Canada-European Union Free Trade Agreement are legacies of past Conservative governments.
 
“Despite the uncertain trade environment, we will seize this new global moment to pursue the prosperity that trade brings us, alongside other countries that share the dream of free people making free decisions,” said Scheer.
  
BACKGROUNDER: FREE TRADE WITH THE UNITED KINGDOM
 
Introduction

On February 9, 2018, Andrew Scheer announced that a Conservative government will pursue a free trade agreement with the United Kingdom.

 
Canada-UK Trade Relationship

Canada and the United Kingdom have a deep and close trade relationship. The United Kingdom expects to leave the European Union in March 2019, and without a bilateral agreement, the trade relationship created by the Canada-European Union Free Trade Agreement will be lost.

The United Kingdom is Canada’s third-largest export market and its second-largest destination for foreign direct investment (FDI) after the United States. Canadians buy about $9 billion worth of British goods and services annually. Nearly 600 U.K. firms operate in Canada, in industries from oil extraction to aerospace to pharmaceuticals. Many of them are based in major cities such as Toronto, Vancouver, Calgary and Montreal in a variety of business sectors ranging from financial services to food and beverages. The United Kingdom remains a global hub of exceptional businesses and investment opportunities, and since the referendum in 2016, the U.K. has attracted in excess of $25 billion of foreign direct investment, which is a clear sign that other nations believe the country remains a stable trading partner.

 
How Would It Work?

The United Kingdom will not be able to complete any bilateral trade agreements until it exits the European Union in March 2019. However, preliminary discussions should begin immediately to ensure this critical trade relationship remains intact.

Several countries, including Australia, have indicated an interest in quickly pursuing bilateral free trade agreements with the United Kingdom. Canada must be among them.

Andrew Scheer will promote the launch of Canada-United Kingdom free trade discussions when he visits the U.K. in March 2018.                         


 

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