Close X
Saturday, January 11, 2025
ADVT 
National

Indo-Pacific strategy 'good news' for farmers

Darpan News Desk The Canadian Press, 29 Nov, 2022 10:59 AM
  • Indo-Pacific strategy 'good news' for farmers

OTTAWA - Agriculture commodity groups are applauding the Liberal government’s long-awaited Indo-Pacific strategy and hoping it will lead to more, and better, free trade deals.

The strategy, announced Sunday in Vancouver, includes commitments to increase military spending and build closer ties with countries such as India.

Included in the $2.3-billion plan is a promise to earmark $244.1 million for improving trade between Canada and countries in the region.

While no specific targets or benchmarks are included in the strategy, and questions remain over how effectively the dollars will be spent, the heightened focus on the region is being celebrated by agriculture groups in Canada.

Todd Lewis, a Saskatchewan-based farmer and a vice-president of the Canadian Federation of Agriculture, says it is "good news for Canadian agriculture."

"It is another signal that the government of Canada is serious about trying to establish both trade deals as well as trade relationships," he said. "It is something that we hope will grow and continue to be successful."

Canada’s Indo-Pacific strategy seeks new trading relationships, as well as the expansion of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, by adding new members.

The pact, which already includes heavyweights such as Australia, Japan and Mexico, entered into force four years ago. The United Kingdom, the Philippines, Indonesia, Taiwan and China have applied for membership.

Leif Carlson, director of market intelligence and trade policy for Cereals Canada, said the Indo-Pacific strategy should be viewed through a long-term lens as a way to deepen those trade relationships.

"I hope that the Indo-Pacific strategy is going to be complementary to the CPTPP," he said.

Some agricultural producers say the deal has not lived up to expectations and its implementation has been slow.

"Some of these trade deals aren't maybe what they thought they would be, or what we hoped they would be, and a little bit slow getting off the ground," said Lewis.

Jim Everson, president of the Canola Council of Canada, said he hopes the strategy "builds on the CPTPP" and adds momentum to a prospective deal with the Association of Southeast Asian Nations, known as ASEAN.

Canada has been trying to strike a trade deal with ASEAN, a bloc of 10 countries in Southeast Asia, since 2017.

After a public consultation on a potential deal in 2018, the two parties agreed to proceed with negotiations in 2021, with Prime Minister Justin Trudeau announcing funding to help ASEAN nations take part in trade-deal negotiations at a summit held by the bloc earlier this month.

Canada has also moved toward negotiating more bilateral deals in the region, including with India and ASEAN member Indonesia.

MORE National ARTICLES

Crown closes case in extortion case of B.C. girl

Crown closes case in extortion case of B.C. girl
Louise Kenworthy wrapped up the Crown's closing arguments, telling a B.C. Supreme Court jury trial that the case against Aydin Coban was circumstantial, but the two devices seized by police are the link to the Port Coquitlam teenager.

Crown closes case in extortion case of B.C. girl

BC Housing CEO retires citing violence, shootings

BC Housing CEO retires citing violence, shootings
In a letter posted on BC Housing’s website, CEO Shayne Ramsey says he has spent sleepless nights thinking about the recent murders of homeless and former homeless people in Langley, a vulnerable woman who was lit on fire in Vancouver and his own recent encounter with angry residents.

BC Housing CEO retires citing violence, shootings

Team Canada announced as winner of Honda Celebration of Light

Team Canada announced as winner of Honda Celebration of Light
Performing on the second day of the festival on Wednesday, July 27, team Canada received the honour based on a performance for the ages, and despite stiff competition from team Japan and team Spain emerged victorious. 

Team Canada announced as winner of Honda Celebration of Light

Inflation chills ice cream truck business

Inflation chills ice cream truck business
Some flavours are in short supply, and Falou is focused on efficiency for his fleet of 10 trucks. The problem is not just high gas prices, said Falou. "Maintenance went up. Truck parts went up. The mechanical parts went up," he said in an interview.   

Inflation chills ice cream truck business

Man charged with aggravated assault after alleged attack on Vancouver police officer

Man charged with aggravated assault after alleged attack on Vancouver police officer
Police say a 52-year-old man has been charged with one count of aggravated assault and remains in hospital with injuries. B.C.'s police watchdog is investigating.

Man charged with aggravated assault after alleged attack on Vancouver police officer

Two of three victims in shooting at Surrey's sports park now dead, say RCMP

Two of three victims in shooting at Surrey's sports park now dead, say RCMP
Police say in a statement that officers were called to the park Saturday where they found three males suffering from gun shot wounds. One of the men died at the scene, while two others were taken to hospital with life-threatening injuries, where the second victim died.

Two of three victims in shooting at Surrey's sports park now dead, say RCMP