World

Canada might double exports to China, Chinese FM Wang Yi says during rare visit

China’s Minister of Foreign Affairs Wang Yi said ‌on Friday that Canada could surpass its goal of increasing exports to China by 50 per cent by 2030 during a meeting with Canada’s Foreign Minister Anita Anand.

Wang said he thought Canada’s exports to China could increase by 100 per cent, building on momentum between the countries.

“Canada is focused on growing our economy and diversifying our trading relationships,” Anand said during the meeting. “The Canada-China economic relationship is significant,” she said.

Wang is on a three-day ⁠visit to Canada, the first visit by a Chinese foreign minister in a decade and the latest step to improve ‌ties.

On Friday afternoon, he shook hands with Prime Minister Mark Carney ahead of a private meeting.

WATCH: Chinese President Xi Jinping meets with Canadian PM Mark Carney

Canada and China struck an initial trade deal in January to slash tariffs ‌on electric vehicles and canola, when Carney became the first Canadian prime minister to visit China ⁠since 2017.