The policies of governments on taxation, social policy, regulations, internal sector supports and fiscal management have a great deal of impact on the ability of producers to compete effectively within a trade agreement.

1. Welcomes the 40th anniversary of diplomatic relations between the EU and China as a source of inspiration to strengthen the Strategic Partnership, which is so necessary in a multipolar and globalised world, and to speed up the ongoing negotiations for a new Partnership and Cooperation Agreement based on trust, transparency and respect for human rights; underlines that both parties, in the recent EU-China Summit of 29 June 2015, reaffirmed their commitment to deepen this partnership; highlights that China is a key international power and one of the EU´s most important partners; stresses that the two sides are committed to promoting over the next decade the EU-China Comprehensive Strategic Partnership, which will be mutually beneficial ...[+++]to both the EU and China; expresses its support for the (bi)annual High Level Strategic Dialogue, the High Level Economic and Trade Dialogue, the High Level People-to-People Dialogue, and the more than 60 sectoral dialogues between the EU and China on a diverse array of issues; urges that these sectoral dialogues lead to confidence-building and tangible results;

1. Welcomes the 40th anniversary of diplomatic relations between the EU and China as a source of inspiration to strengthen the Strategic Partnership, which is so necessary in a multipolar and globalised world, and to speed up the ongoing negotiations for a new Partnership and Cooperation Agreement based on trust, transparency and respect for human rights; underlines that both parties, in the recent EU-China Summit of 29 June 2015, reaffirmed their commitment to deepen this partnership; highlights that China is a key international power and one of the EU´s most important partners; stresses that the two sides are committed to promoting over the next decade the EU-China Comprehensive Strategic Partnership, which will be mutually beneficial ...[+++]to both the EU and China; expresses its support for the (bi)annual High Level Strategic Dialogue, the High Level Economic and Trade Dialogue, the High Level People-to-People Dialogue, and the more than 60 sectoral dialogues between the EU and China on a diverse array of issues; urges that these sectoral dialogues lead to confidence-building and tangible results;

So we need a modernised framework agreement to act as an umbrella for all our sectoral agreements, including the comprehensive economic and trade agreement and we are holding exploratory talks with Canada to upgrade that agreement at the present time.

Question No. 7 Mrs. Irene Mathyssen: With regard to the manufacturing job crisis in southwestern Ontario: (a) does the government have any plans to intervene to save plants in danger of closing, what are these plans and when will they be implemented; (b) does the government have a strategy for attracting new producers to the region; (c) which manufacturing sectors does the government plan to focus on supporting and growing; (d) will the government implement sector based strategies for dealing with the manufacturing crisis; (e) does the government plan to provide subsidies to manufacturers who are having difficulties turning a profit; ...[+++] (f) does the government plan to provide cash grants (i) to manufacturers already in the region, (ii) as incentives to attract new investment, and, if so, what will be the amount of these grants and what will be the criteria for receiving a government grant; (g) does the government plan to provide grants of crown land (i) to already established manufacturers looking to expand, (ii) as an incentive to attract new investment to the region, and, if so, what will be the criteria for receiving such a grant; (h) does the government plan to introduce any tax incentives that will benefit manufacturers; (i) does the government have any plans to extend the modifications made to the capital cost allowance for machinery and equipment used in manufacturing or to make these modifications permanent; (j) will there be any tax incentives offered that will benefit manufacturing operations that have become unprofitable; (k) does the government plan to offer tax credits to (i) manufacturers already established in the region, (ii) as incentives to attract new investment, and, if so, what will be the nature of these tax credits and which manufacturers will qualify; (l) does the government plan to adjust the tax rate paid by manufacturers in struggling sectors; (m) will the government provide tax incentives to manufacturing employers who provide tr ...

An Interim Agreement signed in December 1995 will allow the trade-related elements of the PCA, which do not require Parliamentary ratification, to enter into force shortly, and sectoral trade agreements covering textile and steel have also been negotiated.