Canada China engage in talks over canola trade and EV disputes reports Ottawa
On October 17, 2023, officials from Canada and China engaged in talks regarding trade disputes, particularly focusing on canola and electric vehicles. The meeting took place in Beijing, where Canadian Foreign Minister Anita Anand met with her Chinese counterpart, Wang Yi.
Important Trade Discussions
The discussions aimed to enhance bilateral relations that have significantly deteriorated in recent years. Both nations have been embroiled in trade tensions, particularly involving canola and electric vehicles.
Recent Tariffs and Duties
- In August 2022, China imposed preliminary anti-dumping duties on Canadian canola imports.
- In response, Canada implemented a 100% tariff on imports of Chinese electric vehicles the previous year.
The Canadian foreign ministry emphasized that the ministers discussed sensitive issues related to agriculture and agri-food products, including seafood and meat, along with electric vehicles. It was noted that both sides recognized the importance of consistent communication to foster trust and cooperation.
Future Prospects
Wang Yi expressed China’s willingness to collaborate with Canada. He highlighted the importance of renewing dialogue at all levels to address each nation’s legitimate concerns.
Canadian Prime Minister Mark Carney mentioned expectations of future meetings with senior Chinese leaders. However, he refrained from commenting on the possibility of tariff adjustments in exchange for concessions on canola tariffs.
The ongoing discussions represent a critical juncture for both countries as they seek to navigate their complex trade relationship and resolve the disputes surrounding canola trade and electric vehicles.
