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Members’ Statement on International Trade with India
On November 16, 2010, MP Alice Wong made a statement in the House of Commons regarding International Trade with India:
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The following is a transcript:
Mrs. Alice Wong (Richmond, CPC):
Mr. Speaker, Canadians can count on their government to oppose protectionism and defend free trade on the world stage.
Today the Minister of International Trade was in Delhi to launch the first round of negotiations towards a Canada-India free trade agreement. Protectionism continues to threaten long-term economic recovery for Canada and, indeed, for the whole world. This free trade agreement will help businesses and workers expand market opportunities and promote prosperity and job creation in both countries.
A recent joint study showed that such an agreement could deliver a boost to Canada’s economy of $6 billion to $15 billion, increase bilateral trade with India by 50% and directly benefit Canadian sectors ranging from agriculture, resource-related and chemical products to transport equipment, machinery and services.
Both Canada and India recognize we need the kind of benefits and opportunities that a Canada-India free trade agreement would provide.
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