Canada's Carney says Qatar investment agreement to be finalized by this summer
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Canada's Prime Minister Mark Carney announced that an investment promotion and protection agreement with Qatar is set to be finalized by summer. Qatar will invest in strategic projects in Canada, and both countries are considering a closer defense partnership. Additionally, Carney agreed to lower tariffs on Chinese electric vehicles in exchange for China reducing tariffs on canola, with an expectation of Chinese investment in Canada's auto sector, to be reviewed in three years.
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