Published On: Friday, 09 March 2018
Canadian Chamber Welcomes Signing of Pacific Trade Agreement
CANADA - The Canadian Chamber of Commerce welcomes the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership(CPTPP). This agreement represents a major opportunity for Canadian businesses to gain greater access to the fast growing Asia-Pacific region.
“It is vital that Canadian businesses continue to diversify their export markets. This agreement will bring down trade barriers for companies across a number of sectors and open up access to some of the most important markets in the world,” said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce.
“The Chamber will do everything we can to ensure that Canadian businesses take full advantage of the opportunities that are being created.”
Canadian businesses will have access to nearly 500 million consumers through this agreement. Canada’s engagement in this region is important as it builds our presence in markets where we should be doing much more business.
The Canadian Chamber calls on the government to work closely with sectors and regions that may be adversely affected by the agreement. The Chamber welcomes the release of the CPTPP side letters and continues to encourage the government to use all possible policy measures to ensure the Canadian business environment is a competitive destination for investment in all sectors of the economy.