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Business leaders ask Canada to support island sovereign nation of Taiwan’s bid to join trade pact

Toronto Star: 'Taiwanese-Canadian business leaders in Toronto are calling for the federal government to support Taiwan in its bid to join the Pacific Rim trade pact. On Friday afternoon, the Taiwan Merchants Association of Toronto and the Toronto Chinese Traders Association held an event in Markham in support of Taiwan joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

'The invasion of Ukraine by Russia has prompted some to make comparisons to Taiwan’s relationship with China, and to speculate that the crisis in Ukraine could prompt similar actions by China toward Taiwan. China claims Taiwan as part of its state, even though Taiwan is self-governing and a member of the World Trade Organization in its own right, and has engaged in military intimidation of the island state. Both China and Taiwan applied to join the CPTPP in September; China has opposed Taiwan’s bid. The pact includes Canada, Australia, Japan, Brunei, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.'

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