Reference no: EM133433187

The story of Canada's trade relationship with China presents several challenges related to international trade law and the topics of the course. Some of the challenges include:

Resolution of dispute: The arrest of Meng Wanzhou and the subsequent arrests of Canadian citizens have led to a political dispute between Canada and China. This dispute has had an impact on trade between the two countries, with China imposing restrictions on imports of Canadian goods. The resolution of this dispute will require a diplomatic solution, which may involve international arbitration or other forms of dispute resolution.

Regional and other trade agreements: Canada's decision to sign the CPTPP is an example of how regional trade agreements can help to offset the impacts of trade disputes with major trading partners. However, such agreements may also create challenges for Canadian businesses, as they must comply with different trade rules and regulations in each region.

Intellectual property protections and international trade: The case of Meng Wanzhou also raises issues related to intellectual property protections in international trade. Huawei has been accused of stealing intellectual property from US companies, which led to the US request for Meng's arrest. Canada's role in this case highlights the importance of protecting intellectual property rights in international trade.

Competition and anti-trust law: The trade relationship between Canada and China is also subject to competition and anti-trust laws, which regulate the conduct of businesses in the marketplace. The suspension of imports of Canadian canola seed and other goods by China may be seen as an anti-competitive practice, which could be subject to legal challenges.

Payment and financial aspects of international trade: The trade dispute between Canada and China has also had an impact on payment and financial aspects of international trade. Canadian exporters may face difficulties in receiving payment for goods shipped to China, due to the restrictions on trade imposed by the Chinese government.

Emerging legal issues in global trade: The case of Canada's trade relationship with China highlights several emerging legal issues in global trade, such as the role of state-owned enterprises in international trade, the protection of national security interests in trade, and the use of trade as a political tool. These issues may require new legal frameworks and approaches to address.