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TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) After 36 years of activities focused on improving trade and investment in the automotive sector, as well as strengthening the economic partnership between Canada and Japan, directors and members of the Japanese Automobile Manufacturers Association of Canada (JAMA Canada) have decided that the association has successfully fulfilled its core mandate. Consequently, the office in Toronto will be closing at the end of the current fiscal year – March 31, 2021.
With the successful entry into force of several new trade agreements, including the CPTPP, CETA and the new NAFTA, trade issues are now secondary to more pressing regulatory concerns facing the auto industry, particularly stricter GHG emissions, ZEV mandates and new technology challenges and opportunities in the next generation of sustainable mobility – namely connected, autonomous, shared & electrified vehicles.