Friday, October 30, 2020

Canada: Mary Ng hails comprehensive and progressive agreement of the Trans-Pacific Partnership

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Mehboob Ali Shaikh
Mehboob Ali Shaikh
Mehboob Ali Shaikh is the Bureau Chief of World News Observer. Based in Canada, working with Toronto 360 TV. Mehboob has accomplished Years of experience in print and broadcast media. He is an active participant in Social media strategies, including Facebook, Twitter and Skype.

Canadian Minister of Small Enterprise and International Trade, Mary Ng, on Monday hailed the Comprehensive and Progressive Agreement of the Trans-Pacific Partnership, noting that SMEs are the backbone of the economy.

“In small and medium-sized companies in Canada, it is the backbone of the economy because it provides valuable jobs for the middle class, and helping these companies to grow and export to new markets and attract investment is essential in the export diversification strategy offered by the government of Canada”.

“Ambitious and comprehensive free trade agreement provides Canadian companies with preferential access to the Asia-Pacific region” – Mary Ng

“One year ago, Canada became a party to the Comprehensive and Progressive Agreement of the Trans-Pacific Partnership, the ambitious and comprehensive free trade agreement provides Canadian companies with preferential access to the Asia-Pacific region”, she added.

The minister pointed out that during the first year, the country witnessed early signs of what will come, “with the growth of nearly 3 percent in bilateral merchandise trade with all of our new partners in free trade, and many sectors saw expansion in exports to other convention markets, such as Japan and Vietnam”.

The Mary Ng stressed that the agreement represents a commitment to increase and diversify trade with the major global markets.

Read also: Prince Harry and Megan Markle spend royal holiday in Canada, Trudeau welcomes the couple

Mehboob Ali Shaikh
Mehboob Ali Shaikh
Mehboob Ali Shaikh is the Bureau Chief of World News Observer. Based in Canada, working with Toronto 360 TV. Mehboob has accomplished Years of experience in print and broadcast media. He is an active participant in Social media strategies, including Facebook, Twitter and Skype.
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