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Jim Carr presents global opportunities for Canadian businesses

Jim Carr presents global opportunities for Canadian businesses

India Blooms News Service | @indiablooms | 27 Jun 2019, 04:25 pm

Toronto, Jun 27 (IBNS): Jim Carr, Canada's Minister of International Trade Diversification was at the Canada-India Business Council (C-IBC) Toronto Partnership Summit on Wednesday to promote mutually beneficial trade and investment opportunities between Canada and India, media reports said.

“The business community in Toronto is well-connected, diverse and flexible, with excellent access to international markets...By pursuing trade diversification and continuing to invest in local communities, we continue to promote Canada as a place of business that is open to the world,” said Carr. 

Through its trade diversification strategy, the government plans to invest $1.1 billion over six years to help Canadian businesses grow and diversify their exports. Reportedly CanExport program has supported more than 1,200 Canadian SMEs with 1,600 projects to expand their markets and increase export activities in more than 110 markets around the world. 

Carr also visited the Canada Goose facility, a global sector leader with international global growth. The federal government is reportedly investing $290 million help Canadian businesses export and grow, and tap new markets.

"I am so proud of Canada Goose’s role in exporting the brand of Canada around the world, and I am fortunate to have an intimate perspective on what an advantage being Canadian can be on a global business stage,” said Dani Reiss, CEO, Canada Goose

The modernized Canada-Israel Free Trade Agreement (CIFTA) was also promoted by Carr in his meeting with members from the Centre for Israel and Jewish Affairs and the local business community.

Carr also participated in a panel discussion with Galit Baram, Consul General of Israel, in Toronto where they talked about the benefits of the modernized CIFTA and the significance of the Canada-Israel trade relationship and highlighted opportunities for Canadian-Israeli partnerships in the growing fields of science, technology, and innovation.

Since the original CIFTA entered into force in 1997, two-way merchandise trade between both countries has reportedly more than tripled, totaling $1.9 billion in 2018.

"#The updated Canada-Israel Free Trade Agreement will bring our two friendly countries—allies and partners—even closer together,” Galit Baram Consul General, Consulate General of Israel in Toronto said.

(Reporting by Asha Bajaj)  

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Erdogan's Turkey turns Hagia Sophia into a mosque again; UNESCO regrets #HagiaSophia, #Turkey, #Istanbul, #HagiaSophiaMosqueAgain Istanbul/IBNS: Hagia Sophia, Turkey's iconic monument, a UNESCO World Heritage and one of the central attractions of its capital Istanbul, is no longer a museum. It has been turned back as a mosque though some 1500 years ago it was built as an Orthodox Christian cathedral. Hagia Sophia was converted into a mosque during the Ottoman time in 1453 while under Ataturk it was turned into a museum in 1935. The decision comes amid a growing rise of the Islamists in Turkey who had been demanding that it be restored as a mosque though Opposition leaders with secular credentials had been against the move. A top court in Turkey ruled that turning it into a museum in 1935 by modern Turkey's secular architect Mustafa Kemal Ataturk was illegal, paving the way for present Turkey president Recep Tayyip Erdogan to declare it as a mosque again and to open it for Muslim prayers. Erdogan made the announcement an hour after the court ruled the conversion to museum in 1935 as illegal and scrapped its status. "May it be beneficial," posted Erdogan on Twitter, sharing an official document on the change with his signature. UNESCO regrets In an immediate reaction, UNESCO said it "deeply regrets" the decision. UNESCO said it was "regrettable that the Turkish decision was not the subject of dialog nor notification beforehand". "UNESCO calls on the Turkish authorities to open a dialog without delay in order to avoid a step back from the universal value of this exceptional heritage whose preservation will be reviewed by the World Heritage Committee in its next session," the United Nation's cultural body said in a statement. Istanbul icon of beauty and wonderment According to Turkey's official tourism website, Hagia Sophia is a remarkable achievement in the history of architecture. and a living proof of mankind's revolt against the laws of physics and it calls it a monument whose importance transcends borders. It is one of UNESCO's World Cultural Heritage sites attracting millions of visitors across the world with its majestic grandeur

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Erdogan's Turkey turns Hagia Sophia into a mosque again 11 Jul 2020, 01:37 pm