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US, Canada pursue trade, security overhaul

The U.S. and Canada agreed Friday to work more closely together to better focus infrastructure investment needed to speed cross-border trade.

President Obama and Prime Minister Stephen Harper signed a pact Feb. 4 calling for greater U.S.-Canada cooperation in trade and security.

The agreement calls for increased integration and cooperation in all areas of security and law enforcement, building on existing bilateral programs. The declaration spelled out general principles, leaving details to be worked out in the coming months by the U.S. and Canadian governments.

The North American trading partners will also develop an integrated cargo security strategy and compatible cargo screening methods, they said. That will help speed the subsequent clearance and movement of imported goods, either by rail or truck, across the U.S.-Canada border.

The full story appears on the Journal of Commerce website.

Monday, February 7, 2011

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