Mr. Speaker, today our government took another step forward in our commitment to double non-U.S. trade over the next decade and diversity our economy. While in the U.A.E., the Prime Minister signed a foreign investment promotion and protection agreement to create a more predictable environment for two-way investments. We also launched negotiations for a Canada-U.A.E. comprehensive economic partnership trade deal. This agreement would cut tariffs, remove trade barriers and expand market access for Canadian exporters.
With a signed FIPA and the launch of CEPA, we are opening doors, creating new markets and creating opportunities for Canadian workers and businesses.