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Trudeau Speaks At ASEAN Summit As Strategic Partnership Signed

CANADA

Speaking at the Indo-Pacific Forum, a part of the Association of Southeast Asian Nations (ASEAN) summit in Jakarta, Indonesia, Canadian Prime Minister Justin Trudeau says that the 'launch of the Canada-ASEAN strategic partnership is an historic milestone'. Says that he hopes Canada can join the East Asia Summit (the wider gathering of ASEAN nations and Pacific countries) in the future.'

  • Trudeau says he 'expects to finalise the Canada-ASEAN free trade agreement'. Global News reported on 4 September that the next round of talks on an FTA will take place later in September, ' with parties agreeing to finalize a deal by 2025.'
  • The report also noted that, "The Indo-Pacific is Canada’s second-largest merchandise export market after the United States, with annual two-way trade valued at $270 billion last year.[...] Canada’s merchandise trade with ASEAN grew by nearly 29 per cent in 2022, with agribusiness being one of the largest economic sectors."
  • Says that a 'commitment to transparency and openess and understanding international rules are essential to growth.'
  • During his visit, Trudeau met on a bilateral basis with the leaders of Malaysia, Vietnam, South Korea, the Philippines, Australia, as well as the host nation Indonesia.
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Homepagemarkets-real-timeCanadaPolitical Market News Bank of Canada Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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