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Annalena Baercock Compares Trump to Putin and Annexing Greenland is Like Handing Russia Ukraine
Published 2 months ago
Description
The global landscape is rapidly changing, leaving economies, businesses, and workers in a state of uncertainty. In response, Canada is focused on what we can control: securing new trade and investment partnerships so we are not reliant on a single country, but more resilient to global shocks. We are positioning Canada as a strong, reliable partner to secure new capital, develop new export markets, and create new opportunities for Canadian workers and businesses. To advance that mission, the Prime Minister, Mark Carney, travelled to Doha, Qatar – the first-ever visit by a sitting Canadian Prime Minister to the state. The Prime Minister met with the Amir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, to discuss increasing trade, commerce, investment, and security cooperation. Upon concluding the visit, the leaders announced a commitment from Qatar to make significant strategic investments in Canadian nation-building projects. These investments will get major projects built faster, supercharge our clean energy, health, AI, and defence industries, and create thousands of high-paying careers and sustained prosperity for Canadian workers. Building on this momentum, the Prime Minister and the Amir issued a joint statement committing to accelerated two-way investment and collaboration across AI, quantum computing, aerospace, defence technologies, advanced manufacturing, agriculture, and agri-food. After years of stalled negotiations, the leaders agreed to conclude negotiations on a new Canada-Qatar Foreign Investment Promotion and Protection Agreement (FIPA) by this summer. This will enable Canadian businesses to more easily expand their operations in, and attract investment from, Qatar – a country with an economy worth nearly $290 billion. Building on this progress, Canada and Qatar agreed to immediately deepen work together on:
- Bilateral trade and investment through the establishment of a Joint Canada-Qatar Commission on Economic, Commercial, and Technical Cooperation.
- Information technology, expanding investment opportunities in areas such as AI and information and computer technology.
- Defence and security, launching negotiations on a framework to facilitate the exchange of expertise on military, security, and defence matters.
- A new double-taxation agreement to make it easier for Canadians to work and invest in Qatar and vice versa, with negotiations starting soon.
- Expand air services between the two countries under the Canada-Qatar Air Transport Agreement.
- Establish an office for Canada’s Defence Attaché in Doha to increase the frequency and depth of bilateral engagements that increase exports from Canada’s defence sector.
- Exchange security-related best practices and lessons learned in preparation for the FIFA World Cup 26, as Canada, Mexico, and the United States prepare to co-host this global sporting event.