Minister Ng to promote trade and investment in Greece and Italy and attend G7 Ministerial Meeting on Trade
News release
July 9, 2024 - Ottawa, Ontario - Global Affairs Canada
The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today announced that she will visit Athens, Greece, and Rome, Italy, from July 11 to 15, 2024, to deepen bilateral relations and promote trade and investment in those countries. She will also participate in the G7 Ministerial Meeting on Trade, to be held in Villa San Giovanni and Reggio Calabria, Italy, from July 16 to 17.
Minister Ng’s bilateral visits to Greece and Italy represent an opportunity for Canada to reinforce its commercial relationships with both countries and engage with key investors, innovators and companies. While in Athens and Rome, Minister Ng will highlight the benefits of the Canada-European Union Comprehensive Economic and Trade Agreement since its provisional application in 2017.
At the G7 meeting, Minister Ng will advance Canada’s interests on trade priorities including supply chain resilience, trade and the environment, and the path forward to support global economic prosperity.
Minister Ng is also scheduled to meet with international counterparts to discuss trade priorities that provide opportunities for Canadian businesses and workers.
Quotes
“Greece and Italy are important strategic trade partners for Canada and offer many opportunities for Canadian businesses to grow and succeed. I am also looking forward to meeting my G7 partners to advance shared trade priorities to benefit our businesses and workers around the world.”
- Mary Ng, Minister of Export Promotion, International Trade and Economic Development
Quick facts
-
Canada’s bilateral trade with Greece is led by strong 2-way trade in services worth $2.2 billion in 2022.
-
Italy is Canada’s second-largest EU partner for merchandise trade after Germany and the fourth-largest goods and services trading partner in the EU, with bilateral goods and services trade surpassing $15 billion in 2023.
-
Canada opened a new consulate in Milan in October 2023 to strengthen its footprint in Italy’s primary industrial and technology region.
-
The G7 is an informal grouping of 7 countries with the the world’s most advanced economies, including Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the European Union.
-
Canada last held the G7 presidency in 2018 and will take over the presidency again in 2025 when it hosts the G7 summit in Kananaskis, Alberta.
Associated links
- Canada-Greece trade relations
- Canada-Italy trade relations
- Canada-European Union Comprehensive Economic and Trade Agreement explained
- Prime Minister strengthens global security and stability at the G7 Summit
- Prime Minister advances shared progress and prosperity at the G7 Summit
- Minister Ng advances WTO priorities with G7 partners at Trade Minister’s Meeting
- Joint communiqué issued by the G7 trade ministers on 7 February 2024
- Canada and the G7
Contacts
Huzaif Qaisar
Press Secretary
Office of the Minister of Export Promotion, International Trade and Economic Development
343-575-8816
Huzaif.Qaisar@international.gc.ca
Media Relations Office
Global Affairs Canada
media@international.gc.ca
Follow us on X (Twitter): @CanadaTrade
Like us on Facebook: Canada’s international trade - Global Affairs Canada
Page details
- Date modified: