Minister Fast Delivers Canada’s Pro-trade Message at G-20 Meeting
July 19, 2014 - Sydney, Australia - The Honourable Ed Fast, Minister of International Trade, delivers opening remarks at a session on the global trading system at the G-20 Trade Ministers Meeting.
During the G-20 meeting, Minister Fast highlighted Canada’s pro-trade plan and thanked host country Australia for its strong leadership, commitment to trade promotion and significant contribution to global economic growth.
He also encouraged G-20 members to take bold measures in their domestic growth strategies, such as reducing red tape, facilitating imports and exports, integrating small and medium-sized enterprises into global value chains, and reducing tariffs and non-tariff barriers.
In recent years, Canada has eliminated 1,800 tariffs on imported machinery, equipment and manufacturing inputs, providing more than $450 million in annual tariff relief to industrial manufacturers. Other measures to stimulate imports include easing customs requirements for low-value shipments to move thousands of shipments faster and at lower cost.
For further information, media representatives may contact:
Office of the Honourable Ed Fast
Minister of International Trade
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