Minister Fast Kicks Off United Kingdom Trade Mission
September 2, 2014 - London, United Kingdom - Accompanying Prime Minister Stephen Harper to the United Kingdom, the Honourable Ed Fast, Minister of International Trade, welcomes more than 35 trade delegates at the start of a trade mission to the U.K. from September 2 to 5, 2014.
The trade mission will support Canadian companies as they seek to secure first-mover advantages in the EU market from the Canada-European Union Free Trade Agreement. Minister Fast will take part in several events with representatives of Canadian businesses, Canadian business people working in the U.K. and Canadian innovation partners, as well as major investors in Canada, to discuss ways to work together to further strengthen the commercial ties between the two countries. The U.K. is Canada’s second-largest destination for Canadian investment abroad, and Canada’s third most important source of foreign direct investment. The U.K. is also Canada’s third-largest export destination. Two-way merchandise trade with the U.K. reached $22 billion in 2013, making it Canada’s fifth-largest trade partner.
Once the Agreement is implemented, Canadian companies will gain preferential access to the world’s largest and most lucrative market, with more than 500 million consumers and a GDP of almost $18 trillion.
For a list of organizations participating in the U.K. trade mission, please refer to Backgrounder - Participants in the August 2014 Canadian Trade Mission to the United Kingdom.
For further information, media representatives may contact:
Office of the Honourable Ed Fast
Minister of International Trade
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