Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Canada's Trudeau rejects call to swap Huawei executive for detainees in China

Published 06/25/2020, 12:49 PM
Updated 06/25/2020, 12:50 PM
© Reuters. Canada's Prime Minister Justin Trudeau attends a news conference in Ottawa

By David Ljunggren

OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau on Thursday rejected a call to swap an imprisoned Huawei Technologies Co Ltd [HWT.UL] executive for two citizens held by Beijing, saying such a move would set a bad precedent and harm Canada.

Shortly after Vancouver police arrested Huawei Chief Financial Officer Meng Wanzhou on a U.S. arrest warrant in December 2018, Beijing detained two Canadian man on security charges. Last week they were charged with suspected spying.

A group of 19 prominent figures, including former cabinet ministers and diplomats, this week wrote a letter to Trudeau urging Ottawa to halt the extradition proceedings against Meng. This, they said, would boosting the chances of China freeing the two men.

Trudeau, who has dismissed repeated calls from China to intervene in the case against Meng, said the signatories were wrong to call for her release.

"(This) would endanger the millions of Canadians who live and travel overseas every single year. We cannot allow political pressures or random arrests of Canadian citizens to influence the functioning of our justice system," he told reporters.

The wife of one of the detained men on Tuesday urged Canada's justice minister to consider intervening in the case, saying her husband was in an increasingly dire predicament.

Although Beijing insists there is no connection between the Meng and the two Canadians, Trudeau said there was a clear link.

"We deplore what China did ... and will continue to remain steadfast and strong," he said, adding that it would be "absolutely unacceptable" to let Beijing think it could get what it wanted by arresting Canadians.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

China has also blocked imports of Canadian canola seed and meat products.

Trudeau, asked whether Ottawa might impose sanctions on Chinese officials, said Canada was looking at a range of options but gave no details.

Latest comments

canada has to keep up the appearance of the rule of law even though the US and China clearly do not play by the same rules. what suckers
So much for the judicial independence. Being the 51 states must be something very pround
Good decision. Never let that Huawei criminal go away. Lock her up.
even if innocent?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.