Canada is looking to diversify trade with Germany amid the threats of the American tariff – national

Canadian companies and diplomats are working with their European colleagues to find ways to diversify trade, as the United States threatens to impose a very slope tariff.

“We want to be part of the solution, in terms of creating new job opportunities and diversifying trade,” said Tigorvin Bellman. Germany Canada Ambassador.

She was speaking at a press conference on Wednesday before Hanover Messi, the largest in the world commerce justice. It is an annual event in Germany and Canada is the country of partner this year.

“It is really a timely opportunity, given the geopolitical conditions and all discussions here in the country about the need to diversify trade,” said Bellman.

She said she was one of the European ambassadors in Ottawa who speak with each other and with companies, researchers and government officials on both sides of the Atlantic Ocean over ways to promote trade.

Bellman said there is great interest in benefiting from a commercial deal that signed Canada and the European Union in 2017 – the comprehensive economic and commercial agreement, known as CETA.

“I am asking the question to the interlocutors throughout Canada whom I met – how can we make CETA more operational?” She said.

“Both sides have a job to do the opportunities.”

She said that Canadian universities play a major role in increasing trade, as both countries look forward to moving forward in areas such as green energy and quantum computing.

Liberal MP Ryan Turnboul said that Canada is looking forward to Europe as a budget as US President Donald Trump threatens to impose harmful customs duties on Canada and its European partners.

“The rise of protectionism and the economic uncertainty that brings us, we have been shaken.”

“I think the geopolitical tensions we are currently testing make this time in time in terms of an opportunity to seize a variety of relationships that make us more flexible in the future.”

Bellman said the Hannover Messe commercials combines about 130,000 personal people, such as engineers and executives, along with 4000 exhibitors from 156 countries.

During a visit to 2022 to Newfoundland to sign a Canadian hydrogen import deal, German Chancellor Olaf Scholls announced that Canada will occupy the lead in this year’s event.

Since then, the Canada Industry Company has been surrounding Canadian companies and potential partners on multiple continents to lay the foundation to sign deals in Hannover Messenger.

Canadian companies will get a prominent material space in the exhibition, and will help lead various sessions.

It includes the Eureka summit in research projects directed towards marketing; Canada will be the first non -European country to participate in this session. Canada joined the European Union’s Grand Research Fund in late 2023.

Germany, the Chargé d’Affaires of the European Affairs of the European Affairs, said that Germany with the values ​​of Canada that “challenged all over the world” and Ottawa is looking for partnerships about innovation and research that has longer timers than trade in goods.

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“Canada is looking for friends who share our values, so this is really important,” he said.

Jason Myers, head of the next generation manufacturing department in Canada, said he went to the event in previous years and a Canadian company witnessed an investment of $ 5 million immediately.

“It is an opportunity for Canadian companies to meet the new suppliers, new innovation partners, to find out what the front edge is,” said Meers, who leads his collection of five innovation groups in Ottawa.

“These discussions are more important than ever.”

He said that Canadian companies are looking to partnership this year with companies that use artificial intelligence, quantum technology and robots to improve their products, especially in the cars and large machines in Germany.

Myers said he was surprised by the pleasure of seeing a few companies had withdrew from the Canadian delegation since Trump’s tariff threats began. He said that nearly 250 companies send nearly 280 delegates, along with 1,000 Canadian attendees.

Earlier this month, the diplomatic missions and the German commercial agency issued a joint statement with the Canadian Canadian Chamber of Industry and Trade, saying that Berlin wanted more trade and investment with Canada.

She pointed out that the bilateral trade has borne throughout the Covid-19 pandemic and there is a “field of improvement”. “We do not reap the full Ceta potential,” says the statement.

Bellman said that Trump’s commercial threats did not harm German investment in Canada, but companies elsewhere are waiting for more certainty.

“It is not taken of many investment decisions at the present time, and this is something we regret,” she said, adding that the European Union is ready to impose a retaliatory tariff, but it hopes that the Trump administration will decline.

“We do not believe that we must start dividing the world into mutual tariff barriers and tariff threats.”

And copied 2025 Canadian press