Liberalization and open trade are essential to creating good middle-class jobs and new opportunities for Canadian businesses. At this year’s Asia-Pacific Economic Cooperation (APEC) leadership meeting, Canada strengthened its ties with the region to promote growth for citizens on both sides of the Pacific.

Prime Minister Justin Trudeau concluded his attendance at the APEC Leaders’ Meeting in San Francisco, United States of America today. Under the motto “Creating a resilient and sustainable future for all,” leaders from 21 partner countries came together to advance economic cooperation. Almost a year after the launch of Canada’s Indo-Pacific Strategy, the meeting proved to be an important forum for deepening Canada’s collaboration with regional economies in the areas of supply chain resilience, sustainable and inclusive economic growth, digital trade and economic security.

During the APEC leadership meeting, the Prime Minister presented Canada as a reliable trading partner and preferred investment destination, particularly in the areas of agriculture, clean energy and artificial intelligence. On the sidelines of the meeting, the Prime Minister also met with Canadian and American business and artificial intelligence leaders. To strengthen Canada’s technology leadership, a multi-year agreement was signed between BlackBerry and the Malaysian government on the sidelines of APEC. BlackBerry’s world-class Canadian technology has been selected to provide services and infrastructure that will help develop Malaysia’s cybersecurity capabilities and its ability to deter and deter cyber threats.

During the meeting, the Prime Minister discussed with other leaders global issues such as Russia’s illegal and unjustified war in Ukraine and the current situation in Israel, Gaza and the West Bank.

While in San Francisco, the Prime Minister convened a roundtable bringing together Canadian innovators, global technology leaders, agricultural producers and logistics providers to discuss reducing food costs for consumers and improving the resilience of the agricultural supply chain. The prime minister also met with California Governor Gavin Newsom to discuss shared priorities, including the importance of combating climate change, growing strong economies and making life affordable for middle-class people.

Quote

“In areas from artificial intelligence to clean energy to agriculture, the world is looking to Canada to do business. When we ensure our Asia Pacific partners can invest in Canada and Canadian companies can do business in Asia Pacific, we create middle-class jobs and build sustainable economies. By working together, we can deliver a stronger, healthier future for people on both sides of the Pacific. »

Highlights

• During his visit to San Francisco, the Prime Minister held bilateral meetings with the leaders of Japan, Thailand, Australia, Vietnam, Mexico and Malaysia.
• With 40 economies, more than 4 billion people and $47.19 trillion in economic activity, the Indo-Pacific region is the fastest growing region in the world and home to 6 of the world’s 13 largest trading partners. Canada.
• Since launching Canada’s Indo-Pacific Strategy in 2022, we have made significant progress in its implementation, such as:
  • announce the new Canada-ASEAN Strategic Partnership, an important step in our efforts to strengthen ties with Southeast Asia;
  • appoint a Canadian Special Envoy to the Indo-Pacific, Ambassador Ian McKay, in April 2023 and a Canadian Trade Representative to the Indo-Pacific, Paul Thoppil, in September 2023. These diplomats will play a critical role in advancing Canadian interests in the region;
  • As part of the strategy, Canada recently signed a five-year agreement with the Philippines to deploy Canada’s illegal vessel detection system. This system features state-of-the-art remote sensing technologies that will enable the Philippines to increase its maritime domain awareness and support its efforts to combat illegal, unreported and unregulated fishing in its territorial waters. Fisheries and Oceans Canada will deploy the system at multiple monitoring facilities in the Philippines starting November 20, 2023.
• As a leader in climate action, green technologies and biodiversity promotion, Canada is proud to host the APEC Bio-Circular-Green Prize and to have invested $45,000 in this initiative. The aim of this initiative is to highlight remarkable people and organizations that have driven sustainable and inclusive growth.
• On the sidelines of the APEC meeting, Minister of Export Promotion, International Trade and Economic Development Mary Ng opened the Partnership Council for Economic and Trade Cooperation with Indigenous Peoples. The Council will promote cooperation between participating economies with the aim of identifying and removing barriers to the economic empowerment and trade participation of indigenous peoples.
• In June 2022, Canada and California launched the Climate Action and Climate Action Partnership, building on a memorandum of understanding signed by Environment and Climate Change Canada and the California Environmental Protection Agency. The 2022 Memorandum of Understanding provides a framework for closer exchanges and technical cooperation on a broad range of climate and environmental priorities.

Similar product

Related links