Canadian minister positive of improved trade with Manila

MANILA — Citing growing Philippine-Canada trade, Canadian International Trade Minister Francoise-Philippe Champagne has expressed optimism that the trade relations of the two countries will further improve, the Department of Foreign Affairs (DFA) said Wednesday.

Champagne earlier met with Chargé d’Affaires Francisco Noel Fernandez III at Parliament Hill.

During the meeting, the DFA said the Canadian minister noted Philippine Airlines’ (PAL) purchase of passenger aircraft from Montreal-based Bombardier. In July 2017, PAL added the 86-seater Bombardier Q400 to its growing fleet.

Champagne added that Bombardier also employs a significant number of Filipinos in its workforce.

Trade and investment relations between the two states has spanned many sectors, including information and communications technology, infrastructure, aerospace and defense, and cleantech focused on converting waste to renewable energy.

According to the Canadian Embassy, latest data showed that the country’s merchandise exports to the Philippines in 2016 amounted to CAD$626 million while Canadian merchandise imports from the Philippines totalled to CAD$1355.1 million. (Joyce Ann L. Rocamora/PNA)

Popular

Drug-free region: ASEAN vows zero tolerance vs. illicit drugs

By Ruth Abbey Gita-Carlos | Philippine News Agency The Association of Southeast Asian Nations (ASEAN) pledged to adopt a zero-tolerance approach to the illicit narcotics...

ASEAN rewrites charter for first time in nearly 20 years; adopts climate, AI accords

By Darryl John Esguerra | Philippine News Agency Leaders of the Association of Southeast Asian Nations (ASEAN) on Friday adopted the Cebu Protocol to Amend...

PBBM: ASEAN leaders agree on maritime cooperation, establishing maritime center in PH

By Brian Campued Leaders from the Association of Southeast Asian Nations (ASEAN) reaffirmed its shared commitment to maintain and promote peace, security, stability, and prosperity...

PBBM: ASEAN moves to future-proof member-states through ‘LEAD-SAIL-RISE’ framework

By Brian Campued The member-states of the Association of Southeast Asian Nations (ASEAN) have agreed to bolster cooperation not only amid the economic impact of...