Canadian Prime Minister Mark Carney has urged the European Union to ratify the 2017 trade agreement, which is still pending in ten of its member states. According to Carney, a closer union between Canada and Europe would improve resilience against global instability.
Mark Carney has requested that the member states of the European Union that have not yet ratified the trade agreement reached nine years ago with Canada do so, emphasising that stronger relations would benefit both parties. The information, reported by Financial Times, highlights that Carney believes close cooperation would make nations "more resilient, more independent, and more prosperous."
Carney will travel to Strasbourg to address the European Parliament on Thursday, just before an investor summit in Toronto, where he will seek to attract investments from Wall Street firms and Chinese companies.
The Canadian Prime Minister also mentioned that trade relations with the United States have recently deteriorated due to the imposition of reciprocal tariffs. Carney noted that "you are at war when you are attacked," referring to tensions with Washington following the failure of trade negotiations.
In his interview, Carney expressed his intention to present over 150 projects in sectors such as mining and artificial intelligence, aiming to attract one trillion dollars in foreign investment over the next five years. "Canada is a country that keeps its commitments," he stated.
The 2017 trade agreement has not been ratified by ten of the 27 EU member states, and Carney has urged these countries to formalise their support. "I would like to take this opportunity to encourage them to do so," he declared.
The parties agreed to work on agreements covering trade, security, and regulation, as well as critical raw materials and clean technologies.
The next meeting, scheduled for next month in Montreal, aims to boost negotiations.
You may also like
