adplus-dvertising
Close Menu
Breaking News:
Subscribe
News Sonia UleborBy

Canada to remove Russia’s most favoured nation trading status – finance minister

Canada to remove Russia’s most favoured nation trading status – finance minister
FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at a news conference about the situation in Ukraine with Canada's Prime Minister Justin Trudeau and Canada's Minister of Foreign Affairs Melanie Joly, in Ottawa, Ontario, Canada, February 22, 2022. REUTERS/Patrick Doyle

Canada will remove Russia and Belarus’s most favoured nation status as a trading partner, and will provide additional lethal aid to Ukraine, including rocket launchers and hand grenades, Canadian officials said Thursday.

The only other country that does not enjoy the most favoured nation status with Canada is North Korea, and goods from Russia and Belarus will be subjected to a 35% tariff when imported into Canada, Finance Minister Chrystia Freeland said.

 

(Reporting by Ismail Shakil in Bengaluru and Steve Scherer in Ottawa; Editing by Chizu Nomiyama)

Share.

Related Posts