China and Canada have reached concrete arrangements to address trade disputes covering electric vehicles, steel and aluminum, canola, and agricultural and aquatic products, China’s Ministry of Commerce said on Friday.
The announcement followed talks in Beijing earlier the same day between Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, who is paying an official visit to China at the invitation of Premier Li Qiang.
Under the arrangements, Canada will reduce its 100 percent tariff on Chinese electric vehicles to 6.1 percent for up to 49,000 vehicles annually, according to the ministry.
The two sides also issued a joint statement welcoming progress made through recent bilateral dialogues and committing to strengthen exchanges at all levels. Leaders pledged to advance cooperation in macroeconomic engagement, trade, energy, finance, public security, people-to-people ties, cultural exchanges and multilateral affairs.
China and Canada agreed to reinvigorate the high-level Economic and Financial Strategic Dialogue to address a broad range of issues aimed at strengthening bilateral economic relations.
They also signed an economic and trade cooperation roadmap, and agreed to expand cooperation in clean energy while strengthening collaboration in conventional energy sectors, including oil and gas development.
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The European Union and South American bloc Mercosur have signed a long-awaited free trade agreement in Paraguay, opening the way for what would become the EU’s largest-ever trade deal.
Syrian government forces have moved into the northern towns of Deir Hafer and Maskana as Kurdish-led Syrian Democratic Forces (SDF) withdraw, amid renewed clashes and accusations that withdrawal terms were violated.
Israel said on Saturday that the Trump administration’s announcement on the composition of a new Gaza executive board was made without coordination and contradicts Israeli government policy.
Syrian President Ahmed al-Sharaa has signed a decree aimed at safeguarding the rights of Kurds, including recognition of their language and citizenship restoration, as clashes persist between US-backed Kurdish forces and government troops.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been formed.
Venezuelan opposition leader Maria Corina Machado said she presented her Nobel Peace Prize medal to U.S. President Donald Trump during their meeting on Thursday, 15 January.
At least 18 people were injured on Thursday after a stun grenade exploded at an Interior Ministry vocational training centre in Russia’s Republic of Komi, according to state media.
The Turkish Defence Ministry has voiced its support for recent military operations by Syrian government forces against the Kurdish-led Syrian Democratic Forces (SDF), which enjoy the support of the United States.
The European Union and South American bloc Mercosur have signed a long-awaited free trade agreement in Paraguay, opening the way for what would become the EU’s largest-ever trade deal.
Israel said on Saturday that the Trump administration’s announcement on the composition of a new Gaza executive board was made without coordination and contradicts Israeli government policy.
Trump administration officials held months-long discussions with Venezuela’s hardline interior minister Diosdado Cabello before the U.S. operation that led to the seizure of President Nicolás Maduro, according to multiple people familiar with the matter.
U.S. President Donald Trump on Saturday (17 January) threatened to impose a new wave of escalating tariffs on several European allies unless the United States is allowed to purchase Greenland, intensifying a dispute over the future of the Danish Arctic territory.
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