A seven-page statement closes the Montreal gathering
Prime Minister Mark Carney and his European Union counterparts ended a major summit by presenting a joint statement they described as an alliance for the future. The document runs to seven pages and calls for closer industrial collaboration and deeper integration of supply chains, while pointing to a range of projects the two sides are already pursuing together. Officials from both sides of the Atlantic had promoted several of the announcements in the days before the Montreal meeting convened.[S1][S2][S3][S4][S5][S6][S7]
The statement gathers announcements that had been trailed ahead of the summit rather than introducing them for the first time. Among them are a new digital trade agreement and an arrangement that opens the way for the European Investment Bank to finance critical raw materials projects located in Canada. The package also covers access for Canadian artificial-intelligence researchers to European supercomputers and a commitment to hold additional discussions on Arctic and border security.[S1]
Trade rules, climate and biodiversity in the text
On global trade governance, the statement argues for overhauling the World Trade Organization rather than replacing it. It also calls for stronger efforts against climate change and biodiversity loss, folding environmental commitments into the wider package agreed in Montreal. The text frames these positions alongside the industrial and supply chain goals that form the core of the alliance.[S1]
