CanCham News Roundup: Jan. 16


Consider the Lobster: China Fuelling Demand for Canadian Crustaceans
A growing appreciation for lobster among Chinese diners is fuelling a demand for the Canadian crustaceans, according to the Globe and Mail. In 2014, Canada exported C$36.5 million in live lobsters to China, an increase of C$12 million from 2011. The lead up to Chinese New Year is prime lobster-eating season in China, but though demand is rising, lobster prices at wharves in Nova Scotia remain similar to what they were a year previous.

solar panelFifth Round of WTO Environmental Goods Agreement Slated for March
On July 8, 2014, Canada and thirteen other World Trade Organization (WTO) Members, including China, the United States, the European Union, Japan and Korea, launched negotiations toward a new WTO Environmental Goods Agreement (EGA) with the aim of eliminating tariffs on such goods. If successful, this trade negotiation would lead to the mutual reduction of import tariffs amongst many countries at once, thereby reducing transaction costs for businesses and providing significant benefits to Canadians. The fifth round of negotiations will take place on March 16-20, 2015. Information via the Canadian Embassy

Ontario Secures Eleven Science, Technology Partnerships in ChinaOntario has secured an additional 11 science and technology partnerships and clean technology commercial agreements worth an estimated C$358 million. These agreements are in addition to investments, which were announced during Premier Kathleen Wynne’s trade mission to China in October 2014.
Information summarized from: Ontario Ministry of Citizenship, Immigration and International Trade Press Release, via the Canada China Business Council

wind-energyAlberta to Host Environmental Technology Seminars and Outreach in China, South Korea
The Government of Alberta invites representatives of Alberta companies to participate in two environmental technology business matchmaking seminars and targeted meeting outreach in South Korea. The seminars in China will take place on January 21 in Nanjing and on January 23 in Jinan, while the Korea outreach program includes a visit to Seoul on January 26. Participants will include companies, government representative, industry associations, and research institutions from Alberta, China and South Korea with expertise in environmental products, technologies and services.
Information summarized from: Alberta Ministry of International and Intergovernmental Relations, via the Canada China Business Council