CABC BLOG

By Bobby Kwon, President and CEO of the Canadian Commercial Corporation All governments around the world are forever faced with having to solve more problems than the available means allow. And in today’s globalized marketplace, the best solutions often require international expertise. Fortunately, there is a Canadian solution for government decision-makers everywhere to maximize public sector investments that require global expertise. Canada Guarantee Structuring and managing an international contract is a complex, risky business. Through Canada’s signature G2G contracting solution – the International Prime Contractor Program – CCC brings qualified Canadian companies to government buyers around the world, and significantly…
Part 1-An Introduction to Indonesia & its Economy Part 2 – Canada-Indonesia Trade Relationship Trade between the two countries totalled CAD$3.7 billion in 2019 while Canadian foreign direct investment in Indonesia during the year was CAD$3 billion. Indonesia also remains the second largest destination for Canadian investment in the ASEAN region. Despite the huge bilateral trade potential, overall trade has been relatively flat with Canadian exports up just 6% from 2015 to 2020. While the sheer distance between the two countries may be a reason for the lack of growing exports, one factor that may be holding back increased trade…
The recent news that Canada and Indonesia have launched negotiations on a Comprehensive Economic Partnership Agreement (CEPA) is good news not just for Canadian companies who will gain access to a huge and growing market or Canadian consumers who gain access to new goods, but also to those people who are concerned about growing the Canadian economy, raising Canadian incomes, improving our quality of life, and deepening our engagement with a key strategic region of the world. Part 1 – Indonesia If there is one country in Southeast Asia that has captured the imagination of outsiders, it is Indonesia. From…
Canada and Vietnam have shared a longstanding relationship based on trade, development and immigration. Over the past several years, this relationship has deepened considerably. With Vietnam’s new national leadership put in place for 2021 to 2026, the Canada-ASEAN Business Council (CABC) urges Canada to secure its economic interests with Vietnam as a key tenet of Canada’s evolving Indo-Pacific strategy. Since 2015, Vietnam has been Canada’s largest trading partner in Southeast Asia with two-way trade reaching a record $11.2 billion in 2020. With the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Canadian and Vietnamese exporters and investors now enjoy increased…