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Foreign Affairs Minister John Baird and British Foreign Secretary William Hague will sign an agreement to open joint Canada-U.K. diplomatic missions abroad in an effort to extend each country's diplomatic reach while cutting costs, CBC News has learned.

The British Foreign Secretary will meet with Baird in Ottawa on Monday where the two will sign an agreement that will in part result in Canada and the U.K. sharing embassies or high commissions in countries where one has a diplomatic presence and the other does not.

Hague told CBC News, "as the Prime Minister [David Cameron] said when addressing the Canadian parliament last...

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