#InternationalTrade; #EconomicRecovery; #Covid19PandemicResponse;
Ottawa, Jul 22 (Canadian-Media): Mary Ng, Canada's Minister of Small Business, Export Promotion and International Trade, spoke Monday, July 20, with Yasutoshi Nishimura, Japan’s Minister of State for Economic and Fiscal Policy to discuss long-term economic recovery for the citizens of both countries, media reports said.
Mary Ng. Image credit: Twitter handle
Both the ministers discussed the importance of strong bilateral commercial relations to create opportunities by advancing open, rules-based trade for economic growth of both countries.
Keeping in mind the response to the COVID-19 pandemic, the ministers also discussed the importance of international coordination to support long-term economic recovery for the citizens of both countries.
A mutual agreement was reached on the key role of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in helping mitigate the effects of COVID-19 on international trade for small businesses, including women entrepreneurs.
During their discussion, the ministers emphasized the importance of promoting supply chain resilience and reaffirmed their commitment to working together through the CPTPP to provide stability and opportunities for Canadian and Japanese small businesses, entrepreneurs and workers.
Both the ministers said that they look forward to the third CPTPP Commission meeting scheduled for August 5, 2020.