TORONTO, Nov. 5, 2012 /CNW/ - On behalf of the 68,000 Canadians employed directly or indirectly in the manufacture, export, import, distribution, sale or service of Japanese brand vehicles in Canada, the Japan Automobile Manufacturers Association of Canada kicked off a national advocacy and communications campaign in support of a bilateral free trade agreement between Canada and Japan.
"We support a Canada-Japan EPA to deepen our bilateral commercial relations, and to create collaborative opportunities between Canadian and Japanese business. With bilateral negotiations about to formally start later this month in Tokyo, JAMA Canada is enthusiastic for bilateral and multilateral initiatives to liberalize trade, a key ingredient in economic growth for both Canada and Japan.", said David Worts, Executive Director of JAMA Canada.
For many years, JAMA Canada and its members have been strong advocates of liberalized trade and open borders, particularly as the auto industry in Canada continues to depend heavily on trade along with local and global supply chains, and as the Canadian Government pursues free trade negotiations with the European Union and South Korea, both significant auto producing and exporting jurisdictions. JAMA Canada has produced a new publication to put accurate facts on the record titled "Free Trade Drives Growth & Prosperity", which is available for download at www.jama.ca.
Since 1993, Canada has been a net exporter of Japanese brand vehicles. Last year, exports of vehicles made in Canada were more than triple the number of imports from Japan. And while two out of every three Japanese vehicles sold in Canada are now made in North America, there is still a need to import vehicles from Japan to meet the varied transportation needs of Canadian consumers. Finally, a bilateral trade agreement with Japan would help to maintain and grow employment in the automotive sector.
JAMA Canada is a non-profit trade association with eight members representing subsidiaries of Japanese automakers in Canada, and was established in 1984 to promote greater understanding in trade and economic matters between Canada and Japan.
SOURCE: Japan Automobile Manufacturers Association of Canada
For further information:
Japan Automobile Manufacturers Association of Canada
David Worts, Executive Director