Indo-Pacific strategy good first step, but more details needed: business leaders - BNN Bloomberg

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.

The federal government said it plans to expand funding for groups looking to pursue trade and investment opportunities in the area, launch a series of trade missions and negotiate trade and investment agreements with Indo-Pacific partners. “This requires work at home by removing regulatory barriers, fast-tracking promising projects and investing in trade-enabling infrastructure such as ports, pipelines and rail,” said senior vice-president Robert Asselin in an emailed statement.

He said the Indo-Pacific region is home to a diverse set of countries and negotiating with each of them will be easier said than done, especially in countries that differ significantly from Canada on issues like worker rights.

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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
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