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Canadian Minister Of International Trade: Canada And China Investment Agreement October 1St

2014/10/16 16:35:00 26

CanadaChinaInvestment Agreement

Canada's International Trade Minister Ed Faust recently announced that the agreement on the promotion and protection of foreign investment in China has been approved and will take effect in October 1, 2014. The agreement was signed in September 2012.

Canada said that the agreement on the promotion and protection of foreign investment in China will help ensure that Canada Company in China are treated fairly and benefit from a more predictable business environment. The agreement provides clear rules governing the investment relationship, including dispute resolution and prevention of discrimination and arbitrary practices, and the establishment of a safe and predictable environment.

Faust said: " Investment agreement Canadian investors need to provide protection and confidence in overseas expansion, development and success. We remain committed to developing new technologies in all parts of the world, including the rapidly developing Asia Pacific region. market The agreement on the promotion and protection of foreign investment in Canada will create employment and economic opportunities for Canadians across the country.

Canada plus China Investment The promotion and protection agreement incorporates corporate social responsibility. Canada and China have launched more extensive cooperation in corporate social responsibility and sustainable development. In from November 12th to 14th, the Canadian mining, metallurgy and Petroleum Association will jointly host the China International Nickel Cobalt forum with the China Nonferrous Metals Industry Association in Shenzhen.

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The AAFA has welcomed the recently proposed "2014 us best practices for the promotion of outdoor wear and leisure products" (US outdoor act). The United States outdoor act is jointly proposed by members of the Senate, Maria Cantwell, and Kelly Ayotte, together with representatives of the house of Representatives, David Reichet and Earl Blumenauer (Earl Blumenauer), aiming to eliminate specific duties imposed on casual wear outdoor clothing products. Maria, Cantwell

"Outdoor clothing is currently facing the highest tax rate imposed by the US government," said AAFA chairman and CEO Juanita D. Duggan. "For these products which are almost no longer manufactured by the United States, they will only bring more cost to the American working-class families and increase family burden."

"The outdoor clothing that is now designed and produced in combination with innovation and new technology is not the same kind of outdoor clothing that the United States first introduced tariffs for decades ago. The outdoor industry has achieved self spanformation through integrating the latest technology and environmental protection materials to meet the needs of consumers for higher performance products and professional equipment. It is time to adjust tariff policy to meet the characteristics of the products currently manufactured by the outdoor industry.

"We have made joint congratulations on the preparation of bills under the leadership of members of Maria Cantwell, members of Kelly Ayotte, and representatives of David Reichet and Earl Kanter (Earl Blumenauer), Maria. The American garment and footwear industry union will work with outdoor industry associations and other related industry partners to promote the fast passage of this important bill. Hu added.

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