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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canada Pursues Free-Trade Deal with Thailand

Friday, March 23, 2012 > 15:32:48
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(CBC News)


PM's Asian tour kicks off with agreements on trade negotiations and migrant smuggling


Canada and Thailand have launched a study to determine how the two countries may benefit from a free-trade agreement, Prime Minister Stephen Harper and his Thai counterpart said today.  Harper and Prime Minister Yingluck Shinawatra made the announcement during the Canadian prime minister's official visit to Bangkok, his first stop on a six-day, three-country swing through Asia.


The two countries "will pursue exploratory discussions toward a free-trade agreement," Harper's office said in a statement, released as the two leaders made a celebratory toast during a luncheon at Government House in the Thai capital.


"We are now embarking on a new and exciting era in our relations," Harper said. "The commitments we are making on this trip lead us to being much closer partners, economic partners, security partners, and of course social and cultural partners for decades to come."  Harper said he was "very confident" about concluding a free-trade deal with Thailand. "We have rapidly expanding trade and investment with Thailand," he said as Yingluck stood at his side.


Yingluck welcomed "Canada's re-engagement in Asia" and noted it has been 15 years since a Canadian prime minister made a bilateral visit to Thailand. Jean Chrétien led the last official visit to Thailand when he brought a Team Canada trade mission there.

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