Overview

• Meeting on the sidelines of the UN General Assembly in New York, Prime Minister Mark Carney called the discussions very constructive, said they will deepen, and said he expects to meet President Xi Jinping at an appropriate time.
• An official readout said the talks covered agriculture and agri-food products such as canola, as well as seafood and electric vehicles.
• China’s Xinhua reported that Premier Li Qiang urged Canada to develop a correct understanding of China, respect core interests, and lay a political foundation for cooperation.
• Relations have been strained since Canada imposed tariffs on China-made electric vehicles, steel and aluminium last year and China responded with preliminary duties on Canadian canola.
• China’s most active Zhengzhou rapeseed meal futures fell about 3.1% after the meeting, with analysts citing expectations for improved Canada–China canola trade.