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Carney, Xi Signal Reset for CanadaChina Relations at APEC as Ottawa Inks Renewed Chile Partnership

Officials were tasked to deliver quick progress on unresolved trade irritants, with a China visit by Mark Carney accepted in principle.

Overview

  • Prime Minister Mark Carney met President Xi Jinping in Gyeongju, where both framed the encounter as a turning point and agreed to restart exchanges and cooperation.
  • Both sides directed officials to move swiftly on specific economic disputes, including canola, seafood and electric vehicles, without announcing final settlements.
  • Carney accepted Xi’s invitation to visit China at a mutually convenient time to advance the talks and sustain high-level engagement.
  • Separately, Carney and Chilean President Gabriel Boric signed a renewed Canada–Chile Strategic Partnership Framework covering critical minerals, clean energy, digital technologies, and polar and defence collaboration.
  • Canadian readouts highlight that merchandise trade with Chile has nearly quadrupled since the CCFTA, that Canada is the top foreign investor with nearly $30 billion, and that Ottawa aims to double non‑U.S. exports over the next decade.