Canada reaffirms its support to Ukraine during G7 partners meet with Russia
Ottawa: Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development spoke with Ukraine’s First Deputy Prime Minister and Minister of Economic Development and Trade, Yulia Svyrydenko, and reaffirmed Canada’s unwavering support for the Ukrainian people.
She also highlighted the progress made on the modernization of the Canada-Ukraine Free Trade Agreement as a means of supporting Ukraine’s long-term recovery and international trade policy interests.
The minister reiterated Canada’s support for the trade and investment priorities of Germany’s current G7 presidency. These include cooperative efforts on WTO reform, the modernization of international trade rules, the sustainability and resiliency of supply chains, and market distortions related to industrial subsidies and the practices of State-Owned Enterprises (SOEs).
On September 14-15, the minister Ng, participated in the G7 Trade and Investment Ministers’ Meeting, hosted in Neuhardenberg, Germany, by Robert Habeck, Germany’s Minister for Economic Affairs and Climate Action.
At the meeting, Minister Ng encouraged the continued coordination of G7 members to ensure the effectiveness of ongoing economic sanctions against Russia, support Ukraine’s economic recovery, and address the global challenges of food and energy security and supply chain disruptions.
Meanwhile, G7 members also discussed how they can work together to raise labour and environmental standards, ensure intellectual property rights, and address economic coercion.
In her meeting with Yasutoshi Nishimura, Minister of Economy, Trade and Industry and Kenji Yamada, State Minister for Foreign Affairs from Japan, the Minister highlighted Canada’s efforts to further increase its presence in the Indo-Pacific, building on the success of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
