Business

Canada and Pakistan agree to facilitate canola trade as Canada seeks new markets for commodity

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Canola field at Pleasant Valley.

Canada and Pakistan have agreed to facilitate the export of Canadian canola to the South Asian nation, the countries said in a joint statement on Monday.

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% tariff on imports of Chinese electric vehicles.

(Reporting by Bhargav Acharya in Toronto; Editing by Caroline Stauffer )