From Financialpost · · 1m 20s
Carney and Erdogan Launch Canada-Turkey Strategic Partnership
Canadian PM and Turkish president start energy, defense, trade cooperation.
In brief
Canadian PM and Turkish president start energy, defense, trade cooperation. Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan launched a Canada-Turkey strategic partnership with a three-year action plan focusing on energy, defense, trade and people-to-people ties. Originally reported by…
Canada-Turkey Strategic Partnership
Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan plan to increase cooperation between their two countries with a focus on energy and defence, while negotiators will begin trade talks next month.
“President Erdogan and I are launching the Canada-Turkey strategic partnership, backed by a three-year action plan”
Three-Year Action Plan
The partnership rests on four pillars: trade and investment, defence and security, energy and the ties between our peoples.
Energy and Defence Focus
Carney said the growing Turkish economy needs a secure energy supply, and Canada can help with natural gas, civilian nuclear technology and critical minerals.
Trade Talks Next Month
The trade talks set to take place next month in Ankara follow through on a commitment made this summer by the two leaders to work toward a free trade agreement.
Historical Context
Carney’s trip comes after years of strained relations, including Canada’s 2021 decision to cancel export permits for drone technology to Turkey after determining it had been used by Azerbaijan in its conflict with Armenia.
The headline
Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan launched a Canada-Turkey strategic partnership with a three-year action plan focusing on energy, defense, trade and people-to-people ties.
