Today: November 16, 2024
November 16, 2024
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Justin Trudeau argues that free trade only works if it benefits everyone

Free trade only works if it benefits all parts of society, the Prime Minister of Canada stated this Friday in Lima. Justin Trudeauduring the APEC CEO Summit, a business event parallel to the leaders’ summit of the Asia-Pacific Economic Cooperation Forum (APEC).

“When we started negotiating free trade agreements nine years ago, there were people who laughed at us because they said they must have economic reasons, but our economic vision is that everyone must feel the benefits of free trade,” Trudeau said.

He highlighted that Canada is the only G-7 country that has a free trade agreement with each of its members, and explained that this is because his nation aims for a win-to-win, a mutual benefit that helps effectiveness. of the agreement.

She pointed out that citizens’ distrust in free trade agreements and in authorities in general comes when they do not feel their benefits and feel excluded, which is why it is key to bring together the interests of women, workers and indigenous people.

Real citizen impact

80% of its foreign trade is with the economies that make up APEC, but he pointed out that for free trade to be effective it must have a real citizen impact, and, from Canada, they work to achieve agreements that protect the rights of the environment and people. minorities.

In this sense, he announced that Canada has just signed a free trade agreement with Indonesia.

When asked about the “elephant in the room”, the recent election of Donald Trump as president of the United States, Trudeau indicated that the outlook is not going to be easy, but that no US administration “is automatically easy” for Canada.

He affirmed that American leaders defend their own interests, to which their country adapts and tries to protect its own.

Nuclear power

In this regard, he said that he is “obsessed” with solving the question of how to feed the large amount of electricity that this tool demands in the future, which is why his country is promoting nuclear energy, as an accessible source of clean electricity, both for its country, such as to export small nuclear reactors.

Thus, in the near future, Canada will be able to satisfy the electricity demand of the growing number of countries that are moving there due to the environmental responsibility and social services that it offers.

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