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Canada, China aim to strike free-trade deal

Canada and China on Thursday has settled a trade dispute and say they will start exploratory talks on a free trade pact.

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Canadian Prime Minister Justin Trudeau greets Chinese Premier Li Keqiang, left, as holds an expanded meeting in the Cabinet room on Parliament Hill in Ottawa on Thursday, Sept. 22, 2016.

Trudeau has acknowledged that the two countries are engaged in a high-level security dialogue, including the establishment of a controversial extradition treaty.

His release came just days after Trudeau visited Beijing and sparked questions about what Canada had given up to secure Garratt’s release.

Work also continues between the two countries on a broader free trade agreement, but that’s expected to be a multi-year negotiation process.

Following Trudeau’s recent first official visit to China in August where more than 60 commercial deals were signed, the Prime Minister announced four business deals including a joint venture between SNC-Lavalin Inc., China National Nuclear Corp and Shanghai Electric Group Co Ltd.to develop, market and build new nuclear reactors. The poll revealed that 46 percent of Canadians would support the agreement, which is 10 percent more than in 2014.

“If we abolish the death penalty, more innocent people will probably lose their lives”.

China-Canada relations have a deep foundation, huge potential and a great development opportunity, said Li upon his arrival, adding that the exchange of visits by him and his Canadian counterpart Justin Trudeau within one month shows that both sides value their relations.

The Canadian government also said that it would open seven more Canadian visa application centers in China, and by the year’s end, Canada will apply to join the Beijing-based Asian Infrastructure Investment Bank.

“We believe that China and Canada have extensive common interests and good relations”, Li said through an interpreter.

Canadian exporters, which include Richardson International, Glencore PLC GLEN.L unit Viterra Inc [VILC.UL], and Cargill Ltd [CARGIL.UL], have raised concerns that the tougher standard would result in fewer sales to China as it raises their costs.

Li’s visit to Canada this week, which so quickly follows Trudeau’s first official visit to China, suggests the connection between both countries’ leadership is quickly becoming stronger.

The opposition Conservative Party, long doubtful of China’s human rights record, accused Trudeau of renounce Canadian principles.

“We are going to continue to have frank, honest discussions about the things that matter to our people and to the global community at large”, Trudeau said, adding that helping the middle class remains the dominant priority. “We need to always bear in mind the larger picture of our relations and we need to recognize that our common interests far outweigh our differences'”. At one point, when the simultaneous translation failed, Li encouraged Trudeau to continue talking, saying “I trust you”.

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Both will reimburse the government for miscellaneous moving expenses, a total of $23,373 for Telford and $20,299 for Butts.

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