Indo-Pacific strategy necessary pivot in global trade, says agri-food industry

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Representatives of Canadian agriculture sectors say the federal government’s Indo-Pacific strategy could offer a chance to iron out trade barriers and expand export markets to meet the region’s growing demand.

Canadian canola, like this crop in eastern Saskatchewan, will likely be central to Canada’s Indo-Pacific strategy around trade.

The multipronged $2.3-billion policy consists of everything from promoting peace and security to building a greener future. Food producers like its plan to increase trade, investments and supply chain resilience. Where $244.1 million is earmarked to improve trade between Canada and countries in the region, agriculture and agri-food are listed as priorities. An additional $31.8 million to establish Canada’s first agriculture office was announced prior to the full release of the strategy to improve trade outcomes.

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Indo-Pacific strategy good first step, but more details needed: business leaders - BNN BloombergCanada’s Indo-Pacific strategy is a good first step, but more details are needed on how the country can close gaps at home that could impede the strategy’s success, the Canadian Chamber of Commerce says.
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Indo-Pacific strategy good first step, but more details needed: business leadersTORONTO — Canada’s Indo-Pacific strategy is a good first step, but more details are needed on how the country can close gaps at home that could impede the strategy’s success, the Canadian Chamber of Commerce says. Chamber CEO Perrin Beatty said while much of the strategy focuses on the countries in that region, more work needs to be done to improve transportation infrastructure in Canada to capitalize on increased trade with the Indo-Pacific area. 'At the present time, the three Fs are particula
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »