Canada has been looking to open new markets for the commodity after China announced preliminary anti-dumping duties on Canadian canola imports in August, a year after Canada said it would levy a 100 per cent tariff on imports of Chinese electric vehicles.
In a joint statement released late on Monday, the two countries said that Deputy Prime Minister and Foreign Minister Ishaq Dar had held a phone call with Canadian Foreign Minister Anita Anand on October 30, “reaffirming the strong and enduring ties between Pakistan and Canada and emphasising the importance of deepening cooperation in areas of mutual interest”.
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“Pakistan and Canada agreed to facilitate the export of Canadian canola to Pakistan, recognising the significant potential of Pakistan’s expanding market for this Canadian commodity,” the statement said.
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“Both sides also expressed keen interest in expanding bilateral cooperation on energy security and critical minerals, recognising the strong and growing role of Canadian companies in achieving Pakistan’s ambitious mineral development goals and harnessing its clean energy potential,” the statement said.
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Subsequently, Anand said on X that she spoke to Canola Council of Canada and explained that “our diplomatic efforts had resulted in Pakistan’s decision to lift restrictions on imports of Canadian canola”. “This decision re-establishes a significant market for Canadian canola producers,” she said. “As Pakistan expedites regulatory approvals, for Canadian canola, I understand that import orders have already been placed,” she said.
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