Quote of the Week - David Emerson: Knowledge Driven Revolution

"The Chinese are working hard. But they need to understand Canada. We've had issues. . .with the Falun Gong, the protests here"
David Emerson - Canadian International Trade Minister

Canada's trade minister says our country needs a new trade plan with Asian

Related - BBC hidden cam finds China selling prisoners' organs

Related - 'I Witnessed the Massacre in Tibet' [Video Links Included]

Related - Canadian Expert Condemns Chinese Regime's Organ Harvesting of Falun Gong

Related - Report claims China harvests body parts from Falun Gong for transplant

Canada is losing the war on trade and it's time to pour some octane into trading resources, International Trade Minister David Emerson said Friday.

Emerson told the Asia Pacific Summit meeting Canada is in a trade malaise and hasn't kept up with the competition in liberalizing trade. "You take energy out of the numbers, we'll probably end in negative territory, in terms of export growth," he said of the country's trade figures.

The U.S. and Australia far outperform Canada in trade with Asia.

"The rise of Asia as been a tectonic global shift," Emerson said.

He told the crowd of a few hundred people it's a missed opportunity to diversify the Canadian economy.

"Canada has not walked the talk. We have not taken advantage of the opportunities," Emerson said.

However, he also indicated in his speech that it's not Canada that's stalling on most favoured national trade status with China.

"The Chinese are working hard. But they need to understand Canada. We've had issues. . .with the Falun Gong, the protests here," he later told reporters.

And China is also moving in on Canada's coveted trade position with the U.S.

Emerson said by next year China will overtake Canada as the No. 1 exporter into the United States.

"Our job is to work in partnership with governments and private industry to drive a successful Asia-Pacific gateways and corridors initiative."

He said the country needs to move quickly from talking to walking and then running to catch up on trade.

"But without trade liberalization framework agreements it won't be enough," he cautioned.

"China, Japan, Korea, India, Singapore and Indonesia must become more active focal points for trade policy attention," Emerson said, adding that will take more money.

"We're not putting enough octane, we're not putting enough resources into trade negotiations and we're going to have to fix that."

Emerson said trade and approved destination status will be a few of the main topics when he and Foreign Affairs Minister Peter MacKay visit China early next year.

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Quote of the Week: David Emerson

Canada's trade minister says our country needs a new trade plan with Asian