In Canada, deals on beef, canola

China Daily (USA) - - ACROSS AMERICAS - By ZHAO HUANXIN and NA LI in Ot­tawa Con­tact the writ­ers at zhao­huanxin@chi­nadaily.com.cn

Premier Li Ke­qiang and Cana­dian Prime Min­is­ter Justin Trudeau set a goal on Thurs­day of dou­bling trade be­tween their coun­tries by 2020.

The lead­ers met for what Li called an in­au­gu­ral an­nual di­a­logue in Ot­tawa, just three weeks af­ter Trudeau vis­ited China.

The is­sue of a bi­lat­eral Free Trade Agree­ment was re­vived, with the goal of dou­bling trade be­tween the two coun­tries by 2020, Li and Trudeau an­nounced at a joint me­dia con­fer­ence.

They also wit­nessed the sign­ing of sev­eral bi­lat­eral agree­ments in the Cana­dian cap­i­tal.

The main agree­ments in­cluded a joint state­ment to de­velop co­op­er­a­tion in third­party mar­kets; a co­op­er­a­tive ar­range­ment for bone-in beef from cows un­der 30 months of age, and a mem­o­ran­dum of un­der­stand­ing on a joint man­age­ment plan for Cana­dian canola seed ex­ports to China. An­other agree­ment was on lep­tosphaeria mac­u­lans risk mit­i­ga­tion (MOU). Lep­tosphaeria mac­u­lans is a fun­gal pathogen that causes crop dis­ease.

The four-year deal al­low­ing Cana­dian canola to con­tinue to be ex­ported to China is worth $2 bil­lion.

Ac­cord­ing to the prime min­is­ter’s of­fice, other bi­lat­eral agree­ments an­nounced in­clude:

The Canada Pen­sion Plan In­vest­ment Board and the Na­tional De­vel­op­ment and Re­form Com­mis­sion of China sign­ing an MOU to col­lab­o­rate on joint re­search, train­ing and sem­i­nars to ad­dress the chal­lenges of China’s aging pop­u­la­tion, in­clud­ing pen­sion re­form and the pro­mo­tion of in­vest­ment in the do­mes­tic se­nior care in­dus­try from global in­vestors;

A com­mit­ment from Si­noen­ergy Corp Ltd to sup­port oper­a­tions of the Long Run Ex­plo­ration Ltd fa­cil­ity in Al­berta, an in­ter­me­di­ate oil and nat­u­ral gas com­pany fo­cused on de­vel­op­ment and ex­plo­ration in Western Canada, by the in­jec­tion of an ad­di­tional $500 mil­lion over the next two years;

SNC Lavalin and CANDU En­ergy signed an agree­ment in prin­ci­ple for a new joint ven­ture with the China Na­tional Nu­clear Corp and Shang­hai Elec­tric Group Co Ltd to de­velop, mar­ket and build the Ad­vanced Fuel CANDU Re­ac­tor AFCR.

That would in­clude de­sign cen­tres in both coun­tries and al­low con­tracts for to build nu­clear re­ac­tors.

Io­vate Health Sciences In­ter­na­tional Inc of Oakville and Xi­wang Food Stuffs Co Ltd signed a share-pur­chase agree­ment worth $962 mil­lion.

Also signed was an agree­ment on the shar­ing and re­turn of for­feited as­sets, which is China’s first spe­cial agree­ment on as­set re­cov­ery, mark­ing a mile­stone in China’s in­ter­na­tional ju­di­cial co­op­er­a­tion.

Ear­lier on Thurs­day, Li was wel­comed by Trudeau with mil­i­tary hon­ors at the Drill Hall at Cartier Square, a mil­i­tary train­ing fa­cil­ity in Ot­tawa, the cap­i­tal of Canada.

He then went to Par­lia­ment Hill, where he was wel­comed by Ge­orge Furey, speaker of the Se­nate, and Ge­off Re­gan, speaker of the House of Com­mons.

Af­ter a tete-a-tete with Trudeau, the two pre­miers held an ex­panded meet­ing. Li and his wife, Cheng Hong, ar­rived in Ot­tawa on Wed­nes­day evening, af­ter an hour-and-a-half flight from New York, where Li had at­tended the 71st United Na­tions Gen­eral Assem­bly meet­ings.

Two hours af­ter their ar­rival, the cou­ple at­tended a din­ner party hosted by Trudeau and his wife at Har­ring­ton Lake, the prime min­is­ter’s coun­try res­i­dence.

The visit marked the first in 13 years by a Chi­nese premier to “the beau­ti­ful land of maples”.

ZHANG DUO / XIN­HUA

Premier Li Ke­qiang and his wife, Cheng Hong, talk with Cana­dian Prime Min­is­ter Trudeau and his wife, So­phie, at Trudeau’s res­i­dence in Ot­tawa on Wed­nes­day.

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