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Canadian trade minister to tour Asia to promote wood export

Canada’s Minister of International Trade Francois-Philippe Champagne will tour Asia from May 20-26 to boost trade and investment ties, especially in wood export, with Asian partners, including Vietnam, Singapore, the Republic of Korea and Japan.
Canadian trade minister to tour Asia to promote wood export ảnh 1Canada’s Minister of International Trade Francois-Philippe Champagne (Source: afr.com)
Ottawa (VNA) – Canada’sMinister of International Trade Francois-Philippe Champagne will tour Asia fromMay 20-26 to boost trade and investment ties, especially in wood export, withAsian partners, including Vietnam, Singapore, the Republic of Korea and Japan.

The minister revealed theinformation at a meeting with leaders of businesses in Ottawa, during which hestressed the need to strengthen partnership with the ASEAN and East Asia.

He held that Asian economies withrapid growth are promising land for Canadian firms as well as offering careeropportunities for the middle class.

As scheduled, Champagne will attendthe APEC Ministers Responsible for Trade Meeting in Vietnam on May 20-21 to bolsterits trade relations and engagement in the Asia-Pacific region. During his stayin Vietnam, he will meet some local senior officials and enterprises to discussthe expansion of trade ties with Vietnam, especially in exporting of forestryproducts.

The Canadian official will visitSingapore from May 22-23 and meet representatives of some key ministries and theconstruction sector to beef up bilateral trade and investment collaboration,especially in wood export and construction technology.

At the same time, he will alsohold a meeting with members of the Canada-ASEAN Business Council and the CanadaChamber of Commerce.

Champagne’s next destination onMay 25 will be Seoul in the Republic of Korea where he is scheduled to meetlocal officials to discuss the increase of export of Canada’s wood and woodproducts. He will attend a round-table on education and business cooperation atSookmyung Women’s University.

Japan will be his lastdestination from May 25-26. He will meet the Japanese Minister of Economy,Trade and Industry and Minister of Foreign Affairs. His visit to Japan aims to advanceCanada’s wood and forest sectors and seek new partnership opportunities forCanadian firms in the Japanese market. Japan is now the Asian second largest importerof Canada’s forestry products.

The Canadian official’s Asiantour takes place after the US decided to apply an average tax rate of 20percent on Canada’s softwood and pressured its neighbor to re-negotiatearticles in the North American Free Trade Agreement.- VNA
VNA

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