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Canada and Japan to open free trade talks

The oil and gas industry is hailing the opening of free trade talks with Japan as very good news for Alberta.

Travis Davies of the Canadian Association of Petroleum Producers says there’s a growing demand for crude oil and natural gas in Asia. Davies says diversifying markets helps Alberta get the best price possible for its resources.

Prime Minister Stephen Harper and his Japanese counterpart, Yoshihiko Noda made the announcement today after they met in Tokyo.

Currently, Canada has no free trade deals with any Asian nations.

Published March 26th, 2012