China and Canada reset trade relations after talks

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  I'm Liana Byrne and after years of strained relations China and Canada have announced a trade deal and it's taken 25 years but the EU-Mercasur agreement is set to be signed.

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  Hello and thank you for joining us.

• 01:43

  Yes, after years of pretty frosty relations between China and Canada,

• 01:48

  it seems like they've made friends economically anyway.

• 01:51

  The countries have a preliminary trade deal after landmark talks in Beijing.

• 01:56

  The deal will reduce tariffs in areas like electric vehicles and allow Canadians to enter China without a visa.

• 02:02

  China's President Xi Jinping welcomed the deal,

• 02:05

  saying that both sides should respect each other's sovereignty and territorial integrity.

• 02:10

  Canada's Prime Minister Mark Carney described China as a respectful trading partner.

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