Canada and China sign deal to deepen financial sector ties
VANCOUVER — Canada and China have struck an agreement to deepen collaboration across their financial systems as the two countries seek closer economic ties.
VANCOUVER — Canada and China have signed a deal to strengthen their financial sector ties as both nations aim to foster closer economic relations. Finance Minister François-Philippe Champagne and International Trade Minister Maninder Sidhu met with He Lifeng, China's vice-premier, in Vancouver over the past two days. Following their discussions, Canada's Finance Canada announced a joint statement in which both countries agreed to "enhance financial sector cooperation."
This includes granting more market access for financial services and promoting collaboration between Canadian and Chinese regulatory authorities. The statement also emphasized that both sides reaffirmed their commitment to multilateralism and a transparent and predictable environment for trade and investment. This agreement to deepen financial ties coincides with Prime Minister Mark Carney's upcoming visit to China later next week for the Asia-Pacific Economic Cooperation forum.
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- Canada and China sign deal to deepen financial sector ties winnipegfreepress.com
