Minister Champagne to visit Germany to promote Canada-EU trade and job creation
News Release
January 28, 2018 - Ottawa, Ontario - Global Affairs Canada
Trade and investment are first and foremost about people, and the Government of Canada is committed to pursuing trade that benefits everyone, that puts people first, and that reflects Canadian values.
Canada’s diversity is a source of economic strength. The Government of Canada believes that diversity, openness and empowerment lead to more people being engaged in trade and more jobs created at home. Partners such as Germany offer tremendous potential for investment, and the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) paves the way for Canadians to compete and win in this key European market.
On January 29 and 30, 2018, the Honourable François-Philippe Champagne, Minister of International Trade, will travel to Munich, Germany, to meet with representatives of German companies and with senior political interlocutors to promote CETA and to encourage job creation through foreign direct investment (FDI).
While in Munich, Minister Champagne will deliver keynote remarks at the 33rd annual Atlantik-Brücke (“Atlantic bridge”) German-Canadian Conference. He will also have the opportunity to engage with members of the Business Council of Canada at the council’s annual meeting in Munich, underscoring the value of the German-Canadian economic relationship and demonstrating Canada’s commitment to Germany as a key European partner.
Quotes
“Canada and Germany are like-minded partners, playing leadership roles and working closely together to promote common values and create economic opportunities that translate into good middle-class jobs.”
- François-Philippe Champagne, Minister of International Trade
Quick Facts
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Canada and Germany enjoy a diverse relationship that encompasses trade, investment, and science and technology.
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Germany is the ninth-largest foreign investor in Canada; its stock of FDI in Canada totalled $15.6 billion at the end of 2016.
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The Canadian Trade Commissioner Service (TCS) network in Germany is among the TCS’s most successful, globally, in terms of attracting FDI to Canada.
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Canada’s merchandise export interests in Germany, which benefit from enhanced market access opportunities under CETA, include aerospace, advanced manufacturing, automotive, clean and energy technology, technology partnerships, life sciences and information and communications technologies.
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Contacts
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