Mr. Speaker, I am pleased to participate in this debate on Bill C-8. Let me first of all indicate that all countries are governed by their national interest, and certainly in Canada's interest, trade is absolutely paramount given the fact that 80% of our economy really needs access to foreign markets. Therefore, we are certainly concerned on this side of the House that for the first time in over 30 years we are now facing trade deficits, which obviously is something that needs to be addressed very quickly. Obviously this agreement is only one in a series of what we hope will be agreements, particularly on a multilateral basis, to push access not just for Canadian products, but obviously that helps business, cultural aspects and political aspects in terms of dealing with other countries.
There is no question that this agreement gives us an opportunity to begin further inroads. Since 1997, we had the free trade agreement with Israel, but we really need to look at not just Jordan but the greater Arab free trade agreement that Jordan is a member of. Over 18 countries are members of that. It would give us hopefully, down the road, access from the United Arab Emirates all the way to Algeria. It would give us the opportunity to really expand in areas on environmental protection. It would deal with areas of communication, areas dealing with forest products, et cetera.
The difficulty, of course, is that this is just one aspect. I had the privilege in July 1997, when I was parliamentary secretary to the minister of the environment, to meet with the minister and with King Abdullah II of Jordan to talk about environmental protection issues in particular. The king was very clear that he wanted to see more opportunities with Canada, and obviously the development of this agreement would give us opportunities to discuss and promote both environmental protection, labour protection and other issues with the Hashemite Kingdom of Jordan.
We on this side of the House support sending the bill to committee. I assume it will address a number of the issues that some other colleagues have raised in the House today. In terms of access to trade, trade is really our lifeblood and we need to not only be only aggressive looking at what our neighbours are doing, for example, the United States which has an agreement with Jordan, but it is also very aggressive in Asia and the Asia-Pacific region. We do not have one agreement in Asia-Pacific. We have exploratory discussions right now with India, but the reality is that while the Americans have been moving forward with even a discussion on an Asia-Pacific agreement, we still sit back and have not been aggressive. We are in the ninth round with Singapore. We are still dealing with the Korean situation, particularly the issue of automotive access. But in terms of where the real action is, it is dealing with multilateral agreements, and this is where the United States and the EU, which also has an agreement with Jordan in this case, are taking a very proactive role.
Although this is one step and we certainly welcome that, there are the larger issues that we need to deal with, particularly looking at the whole issue of an agreement with the Arab free trade zone. That would certainly be of benefit to us.
There is no question that Canadian exports, although they were only worth $77 million in 2008, still are important in terms of forest products and in terms of some of the agri-food areas and obviously machinery. But again, that is simply one aspect. We import only about $15 million, as of 2008, but it is building those bridges. That is why, for this country in particular, given that we have over 85% of our trade with the United States and given the economic downturn being faced around the world, the impact it has on the Canadian economy is significant. If we put all our eggs in one basket, there is difficulty, obviously, when doors close. So we need to have these other areas.
Canadian business has demonstrated very clearly that it can compete with the best in the world given the opportunities out there. This is obviously something that we on this side of the House will continue to push.
The elimination of all of the Jordanian non-agricultural tariffs, which currently average around 10%, is small, but again an example of the need to promote Canadian agricultural products, which we know are the best in the world.
The need to promote and reduce tariff barriers in general means that this country will become much more competitive internationally. It will give us, again, a bridge in the Middle East. Jordan and Israel have a peace agreement since 1994, so there is obviously trade going on. We can continue to promote many of these aspects, which I think are important.
Colleagues have mentioned environmental technology. One of the things about climate change, of course, is that Jordan is dealing with significant climate change issues, as are other countries, particularly in terms of desertification. Again, Canadian technology and expertise can be very helpful in terms of dealing with the Hashemite Kingdom of Jordan. It is an opportunity to promote and expand our environmental goods in that part of the world. I think it is important. Hopefully, it will be a bridge later on for other countries in the Middle East.
There is no question that, at this point, Canada is going to be able to take a leadership role, but we need to be able to evaluate some of the issues that have been raised. In terms of textiles, et cetera, there does not seem to be any concern raised in that area. Obviously, some members have asked about the nature of the labour agreement. It is similar to the one that the United States signed with Jordan. Again, we can certainly look into that at committee. If we look at where Jordan has come from, particularly since 2002, coming out of the IMF agreement it had in terms of its progress on banking, monetary reform, and in many sectors, Jordan certainly is a very good partner for Canada in this region.
When we are examining those kinds of issues, we again want to be able to say to Jordan and to the rest of the world that Canada is open for business. It is obviously going to be a two-way opportunity both for the Jordanians and for Canadians, but also we will be clear that this is simply one aspect and that Canada continues to diversify. As the lifeblood in dealing with that trade deficit for the first time in over 30 years, we have to diversify. We also have to get our businesses to line up to compete in that area.
Going back to the Asia-Pacific for a moment, the fact is that the Japanese concluded a free trade agreement with the Philippines, as well as with Mexico, a NAFTA partner. It is important because the Japanese were able to deal with agricultural issues, which traditionally they have always been very protectionist on. Yet they were able to get agreements with two countries that have large agricultural aspects.
The fact is that we are still toiling away with Korea and Singapore. We need to look at what others are doing. Of course, the Americans have clearly demonstrated that they see the future there. An ASEAN agreement, with the 10 countries in ASEAN, will mean that a market of over 590 million people will open up with Australia, with the United States. We have to be there.
Therefore, though we support the idea of a bilateral agreement in this case, the much larger picture is the trading blocs that are emerging, the ASEAN, the EU, and dealing with the Asia-Pacific. All those are really critical.
If one looks at an example such as Vietnam, Vietnam is a market that now has a very strong foreign investment provision. It is welcoming Canadian companies that are there, such as Manulife. Again, we are missing the boat when we are not developing these kinds of strong free trade agreements. Because Vietnam is part of the ASEAN group, we need to have that.
I know time is ticking down until after question period, but I want to point out that again these kinds of agreements will benefit Canadian manufacturers and Canadian labour. It will benefit many opportunities where we can in fact expand. I hope to add a little to that after question period.