Canada's International Trade Minister Mary Ng speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 29, 2021.
REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 24 (Reuters) - Canada and Taiwan have completed talks on a bilateral deal to boost foreign investment and will work to make sure it comes into effect promptly, Canadian Trade Minister Mary Ng said in a statement on Tuesday.
The Foreign Investment Promotion and Protection Arrangement is part of Canada's plan to increase trade and influence in the fast-growing Indo-Pacific region.
Trade between Canada and Taiwan totaled C$10.2 billion in 2021, up from C$7.4 billion in 2020, according to official Canadian figures.
China, which views self-governing Taiwan as its own territory, has sour relations with Canada.
Persons:
Mary Ng, Blair Gable, David Ljunggren, Chizu
Organizations:
Canada's International Trade, REUTERS, Rights OTTAWA, Canadian Trade, Foreign Investment, Thomson
Locations:
Ottawa , Ontario, Canada, Taiwan, Trade, China, Ottawa