Thursday, June 1, 2023
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Trudeau, Chinese President Xi Jinping meet face to face at G20 in Indonesia

by Peter Zimonjic
November 15, 2022
in World
Reading Time: 5 mins read
A A
0
Home World
Share on FacebookShare on Twitter


Prime Minister Justin Trudeau and Chinese President Xi Jinping spoke face to face on the sidelines of the G20 Summit in Bali, Indonesia, on Tuesday. 

In the brief discussion between the two leaders, who have been at odds over trade and the arrest and detainment of two Canadians, Trudeau raised concerns about media reports that China covertly funded 11 candidates in the 2019 federal election.

The pair can be seen speaking informally in a crowded room in a photograph released by the Prime Minister’s Office to mark the meeting. 

A readout of the side discussion released by the PMO said the two leaders also discussed Russia’s invasion of Ukraine and North Korea’s continued aggression against South Korea. 

The PMO says that Trudeau also pressed Xi on the importance of the upcoming COP15 summit in Montréal and that country’s role in the fight against climate change. 

  • Have a question or something to say? Email: [email protected] or join us live in the comments now.

The readout does not say how Xi reacted to any of these issues, only that the two leaders “discussed the importance of continued dialogue.”

Canada’s Minister of Foreign Affairs Mélanie Joly also met with her Chinese counterpart at the summit.

The PMO did not detail Xi’s reaction to Trudeau raising the issue of Ukraine, but John Kirton, director of the G20 Research Group at the University of Toronto, told CBC News there are signs Xi wants to engage on Ukraine, and does not support an escalation of the conflict. 

Xi “has taken a big tilt to join the democracies to help stop an escalation… [and] to bring [the war in Ukraine] to a just conclusion in the coming months,” Kirton said.

Managing Canada-China relations 

Andrew Cooper, a professor with the Balsillie School of International Affairs at the University of Waterloo, told The Canadian Press that Canada could be following the same pattern Australia faced a decade ago, when it was isolated by China but gradually found areas of consensus with Beijing while forming stronger ties with other countries in Asia.

“Canada’s been in the penalty box for a few years now,” he said.

WATCH | Canada seeks support for collective action against Russia at the G20 summit:

Trudeau looks for support in punishing Russia ahead of G20 summit

Prime Minister Justin Trudeau is looking for support from other G20 countries in punishing Russia, while U.S. President Joe Biden and Chinese President Xi Jinping held their own bilateral meeting ahead of the summit.

Acknowledging that the Chinese Communist Party recently extended Xi’s mandate to govern for another five years, Cooper said, “This is a very different China. President Xi is in a consolidated position. If he’s not the new Mao, he’s certainly in a position where he can be a central figure that can work in a way that we didn’t anticipate when the G20 was created.”

The Canadian Chamber of Commerce said the Liberals are taking a practical approach to dealing with China, by saying it will help inform businesses of the risks of working in China and let them decide whether to do so.

“You need to work with China on issues like climate change, but also we have to recognize that China’s a strategic rival, and they don’t play by the same rules as everybody else,” the group’s CEO, Perrin Beatty, told reporters in Bali.

He also said Ottawa needs to outline its trade priorities in Asia.

“We need to be strategic. [The plan] needs to be holistic; it needs to be well-communicated, so people know what the policy is,” Beatty said.

He added that Canadian business needs assistance to take advantage of the numerous trade agreements Ottawa has signed and is currently negotiating.

“The three Fs — food, fuel, fertilizer — Canada has in bundles. And what’s needed now is a clear strategy on the part of Canada to put those resources to work and to ensure that we’re able to actually deliver those commodities to the rest of the world,” he said.

Beatty also said Canada should do “a full post-mortem” of supply chain shocks during the COVID-19 pandemic, and figure out whether to warehouse critical goods in Canada, and to what extent Canada should limit trade to friendly countries.

Trudeau announces $750 for infrastructure, vaccines

While at the G20 summit, Trudeau also announced $750 million in funding to help developing countries improve their infrastructure and make COVID-19 vaccines. The deal would see a Crown corporation finance infrastructure projects in Asia over three years, starting next March.

It’s the largest chunk of the forthcoming Indo-Pacific strategy that the Liberals have announced so far, and part of a G20 project meant to help low- and middle-income countries have safer and more sustainable cities.

“It will also make our supply chains stronger and create good jobs,” Trudeau said in remarks prepared for a closed-door event hosted by Indonesia, the U.S. and the European Union.

U.S. President Joe Biden meets with President Xi at the G20 summit in Bali on Nov. 14. (Kevin Lamarque/Reuters)

The funding will be administered by FinDev Canada, which currently has a mandate to operate in Sub-Saharan Africa, Latin America and the Caribbean. It will now also help fund projects in developing countries in Asia.

Trudeau told leaders that sovereign wealth funds can help governments abroad build schools and hospitals.

“If we want to close the infrastructure gap, we need to continue finding ways to incentivize greater private sector investment. No amount of public money can single-handedly fix this issue,” the prime minister’s remarks read.

Trudeau is also announcing $80 million for global health systems, with most of the funding going to a World Bank project that helps countries prevent pandemics and respond to them.

Russia and Ukraine

Geopolitics will likely overshadow the pledges leaders make at the summit, as countries debate how to respond to Russia’s invasion of Ukraine and China’s growing assertiveness.

Canada is among the most forceful of countries pushing for G20 leaders to censure Russia for worsening inflation and global security as a result of its war in Ukraine. Other countries have held back from calling Russia out, in an attempt to maintain good relations with both Moscow and the West.

As summit host, Indonesia has urged countries to focus on finding common ground, to make sure there is some statement of consensus when the summit closes Wednesday.

“We can see that they’re going through conniptions, trying to kind of get a declaration to save them from the embarrassment of not having a communique. So this is going to be very tricky,” said Cooper at the Balsillie School of International Affairs, who studies G20 summits.

Meanwhile, the Prime Minister’s Office says Trudeau had to intervene at a closed-door G20 health forum Tuesday after Russian Foreign Affairs Minister Sergey Lavrov claimed American biolabs were undertaking nefarious activities in Ukraine.

Trudeau’s office says he told his peers that the claims were “absolute garbage” and that leaders must work with facts.



Source link

Tags: ChinesefaceG20IndonesiaJinpingmeetPresidentTrudeau
Previous Post

Netflix stock rises after BofA upgrades to Buy By Investing.com

Next Post

COP27 Fiddling as World Warms

Related Posts

Saudi fitness instructor Manahel al-Otaibi latest targeted in crackdown on dissent in kingdom

by Euro Times
June 1, 2023
0

DUBAI, United Arab Emirates (AP) — A 29-year-old fitness instructor popular on social media in Saudi Arabia faces charges that...

Judge rules Australian elite soldier killed Afghans as suit fails | Conflict News

by Euro Times
June 1, 2023
0

Highly decorated veteran Ben Roberts-Smith had sued for defamation after newspapers reported he had murdered civilians in Afghanistan.An Australian court...

A Closer Look At Section 702 of the Foreign Intelligence Surveillance Act

by David Ariosto
June 1, 2023
0

SUBSCRIBER+EXCLUSIVE INTERVIEW — A controversial provision of a U.S. surveillance authority proved “vital” for America’s intelligence community in uncovering a web of...

Terrifying moment Russian missile plummets into busy Kyiv motorway packed with cars during latest blitz

by James Liveris
June 1, 2023
0

THIS is the terrifying moment a Russian missile plummeted from the sky into a busy Kyiv motorway packed with cars....

Bolivia: Trustee probing bankrupt bank died by suicide, no foul play found in fall from building

by Euro Times
June 1, 2023
0

LA PAZ, Bolivia -- The trustee of a bankrupt bank in Bolivia who died after falling from the 15th floor...

Perus Agro-Export Boom Has not Boosted Human Development — Global Issues

by Global Issues
June 1, 2023
0

Her hands loaded with crates, Susan Quintanilla, a union leader of agro-export workers in the department of Ica in southwestern...

Next Post

COP27 Fiddling as World Warms

Ad market worse than during lows of the pandemic, says Warner Bros Discovery CEO David Zaslav : stocks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Saudi fitness instructor Manahel al-Otaibi latest targeted in crackdown on dissent in kingdom

June 1, 2023

Qatar’s Central Bank Didn’t Properly Enforce Its Crypto Ban, Money Laundering Watchdog FATF Says

June 1, 2023

LG is having a big sale on one of its best cordless vacuums

June 1, 2023

House Passes Debt Ceiling Bill in Bipartisan Vote to Avert Default

June 1, 2023

Italian senator provokes parliament with AI-generated speech

June 1, 2023

Fourplex Pros, Cons, & Tips For Investors

June 1, 2023
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Saudi fitness instructor Manahel al-Otaibi latest targeted in crackdown on dissent in kingdom

Qatar’s Central Bank Didn’t Properly Enforce Its Crypto Ban, Money Laundering Watchdog FATF Says

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In