The Honourable Maninder Sidhu, Minister of International Trade, recently hosted a meeting with G7 trade ministers in Paris, France, as part of Canada's presidency of the Group of Seven this year. The gathering brought together senior officials from the world's most advanced economies to discuss pressing issues affecting global trade.
In a bid to promote free and fair trade, Minister Sidhu led an important discussion on the role of the G7 in driving economic growth, creating good-paying jobs, and building long-term prosperity. The meeting highlighted the need for open, stable markets that ensure predictability amidst economic uncertainty, particularly for small and medium-sized enterprises disproportionately affected by trade disruptions.
The minister emphasized the importance of addressing the impacts of non-market policies and practices on workers, businesses, and economies. "While the rules-based global trading system continues to face complex and evolving challenges, it is the foundation of economic security and prosperity," Minister Sidhu stated. "I will continue to work closely with my G7 counterparts to support Canadian businesses of all sizes in finding trade opportunities in diverse markets and to build Canada as the strongest economy in the G7."
The meeting marked a significant step forward in promoting cooperation among G7 nations on trade issues. As the G7 President this year, Canada is committed to fostering an environment that encourages fair competition, innovation, and economic growth.
Key Takeaways:
The G7 trade ministers discussed pressing issues impacting the global economy.
Minister Sidhu emphasized the need for open, stable markets and addressed the impacts of non-market policies on workers, businesses, and economies.
Canada's presidency of the G7 this year aims to promote cooperation among nations on trade issues.
Related Coverage:
Canada's 2025 G7 Presidency
International Trade
Global Affairs Canada
By promoting free trade and addressing the challenges facing global commerce, Canada is poised to play a key role in driving economic growth and prosperity. As Minister Sidhu noted, "Canada will continue to work closely with its G7 counterparts to support Canadian businesses of all sizes in finding trade opportunities in diverse markets."