This will include addressing existing market access barriers, expanding existing arrangements into new areas like digital trade and exploring cooperation in the development of critical minerals and sovereign artificial intelligence infrastructure.
The working group will report back to both Prime Ministers within six months.
Canada will seek to introduce legislation this autumn to ratify the United Kingdom’s accession to the Comprehensive and Progressive Trans-Pacific Partnership.
Both sides will also expanding trade under the Canada-UK Trade Continuity Agreement, the statement said.
The two leaders underscored the importance of a fair, open and predictable global trading system; reiterated their commitment to a rules-based international order underpinned by respect for sovereignty and territorial integrity; and committed to advancing peace and trans-Atlantic security.
Both sides agreed to mutually reinforce nation-building digital public infrastructure by co-developing policy levers and standards, and common technology components.
The others of cooperation include semiconductors, quantum technologies, artificial intelligence, biomanufacturing, civilian nuclear energy development and critical minerals.
ALCHEMPro News Desk (DS)
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