Montreal:The European Union and Canada have established a strategic alliance following their 21st summit in Montreal. This alliance, described by European Council President António Costa as the EU's closest partnership with a non-European country, marks a significant development in international relations.
According to Wam, Canada has announced its intention to join the EU's £90 billion Ukraine Support Loan, highlighting its commitment to supporting Ukraine in collaboration with European partners.
The newly formed agreements cover a range of areas, including enhanced cooperation on critical minerals, with the European Investment Bank set to finance Canadian projects. Additionally, the alliance includes a partnership focused on developing safe artificial intelligence systems. Other aspects of the agreement involve digital trade, Canada's future involvement in the Erasmus+ youth programme, participation in the Galileo satellite navigation system, alignment of climate policies, and improved institutional coordination.