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BC-China Wood Agreement: Boosting Trade and Collaboration

The British Columbia Ministry of Forests ⁣has signed a ​memorandum of understanding with china⁤ on⁣ modern wood construction. The‌ province ‌hopes this agreement ⁤will boost the forestry sector as it looks ⁢for alternatives to the American market.

The non-binding, five-year⁢ agreement ‍also⁢ involves Natural⁤ Resources ⁣Canada. It is one of five ‍initial agreements‍ with Beijing following Prime Minister Mark Carney’s arrival this week.

China’s Ministry‌ of Housing and Urban-Rural Progress is also involved, with the agreement providing for cooperation on integrating modern wood construction into Chinese urban renewal and rural revitalization‍ strategies, while exploring practical approaches for ⁤green developments.

Workers on‍ a large wooden building ‌in China.(Archive photo)

Photo : Reuters / David‌ Gray

For Juliet Lu, a⁢ China specialist and‍ political ⁢ecologist at the University of British Columbia,‌ this agreement is relatively the easiest in the prime minister’s‌ efforts, ​compared to ​Canadian tariffs on Chinese electric vehicles or Chinese ⁤taxes on Canadian canola.

However, she believes that the possibility of​ having more lumberOkay, I understand. I will ⁣adhere ‌to all the specified⁣ phases and guidelines ⁣to deliver a factual, well-structured, and verifiable response ⁤in clean ⁤HTML.Please provide the ‌prompt or question you want me to address. I’m ready to⁢ begin.

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