Date: 2 weeks ago   Category: Economy

Canada won't begin to cede the USA in the trade agreement - RIA Novosti, 9/5/2018


Prime minister of Canada Justin Trudeau and U.S. President Donald Trump. Archival photo
MOSCOW, 5 Sep — RIA Novosti. The prime minister of Canada Justin Trudeau insists that Canada won't sign the revised agreement on the North American free trade zone (NAFTA) if in him there is no mechanism of settlement of disputes and the provision on protection of cultural sectors of Canada, including mass media, reports CBC TV channel. "For Canadians it is impossible that the American television network bought the Canadian media companies, whether it be newspapers, television stations or television networks. It would be refusal of our sovereignty and our identity, and we just won't accept it" — Trudeau has told journalists in Vancouver on Tuesday. "We from the very beginning said that we need the mechanism of settlement of disputes, such as (it is described — an edition) in chapter 19, and we will firmly adhere to it" — he has added. © Trump has threatened AFP 2018/Saul Loeb with an exit from ВТОНа this moment of NAFTA includes the provision that products of cultural activity aren't considered as other commercial goods. Earlier it was reported that one of requirements of the USA in negotiations on the new agreement is simplification of process of permission of trade disputes (the so-called section 19 NAFTA). Trump declared earlier that with Mexico agreements on the conclusion of the new trade agreement instead of the existing tripartite agreement of the USA, Mexico and Canada have been reached upon the North American free trade zone (NAFTA). Later the Minister of Foreign Affairs of Canada Chrystia Freeland has reported that she has held constructive negotiations with the US Trade Representative Robert Laytkhayzer concerning the conclusion of the new contract on trade. Last Friday Trump has notified the congress on intention to sign the new contract instead of NAFTA within 90 days.

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