Federal Government Opens door to Trade talks with ASEAN
“An FTA (free trade agreement) with ASEAN could benefit importers and exporters of goods and services as well as investors by improving market access and enhancing transparency and rules of trade for Canadian business, including small and medium-sized enterprises. Such an agreement would also provide Canada with the opportunity to strengthen its links with Asia-Pacific partners.”
The Global Affairs notice comes days after International Trade Minister Jim Carr travelled to Thailand on a three-day mission where he met with a delegation of ASEAN members.
The Trudeau government has repeatedly pledge to diversify Canada’s trade portfolio and reduce this country’s economic reliance on the United States’ market place.
Potential areas where free trade between Canada and the region include agriculture, digital technology and tourism, the Committee noted in its report.