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المشهد العربي
Source: المشهد العربي
2 Hrsالمشهد العربي
Source: المشهد العربي
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Canadian Prime Minister Mark Carney announced that negotiations on a wide-ranging free trade agreement with the Philippines had concluded, and said he expected it to be signed within about six months. The deal is part of Ottawa’s efforts to diversify its partnerships and reduce its trade dependence on the United States amid trade tensions with Washington. The agreement would eliminate tariffs on more than 90% of tariff lines and strengthen cooperation in agriculture, aviation, aerospace and artificial intelligence. Carney predicted that trade between the two countries would triple over the next decade, from about $2.4 billion in 2025. He said negotiations on a broader trade agreement with ASEAN’s 11 member states had effectively concluded.
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