Close X
Monday, January 13, 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

Surrey RCMP cash over $12K, drugs, and a loaded gun from residence, arrest 9

Surrey RCMP cash over $12K, drugs, and a loaded gun from residence, arrest 9
The Surrey RCMP Community Response Unit executed a search warrant on a residence located in the 13700-block Grosvenor Road. The residence was identified by officers who were conducting proactive enforcement in North Surrey area.

Surrey RCMP cash over $12K, drugs, and a loaded gun from residence, arrest 9

Indo-Pacific framework: 'More meat on the bones'

Indo-Pacific framework: 'More meat on the bones'
The latest is the Americas Partnership for Economic Prosperity, which Biden announced last week as he kicked off the Summit of the Americas, where leaders from 21 countries across the Western Hemisphere gathered, including Prime Minister Justin Trudeau.

Indo-Pacific framework: 'More meat on the bones'

Time for ArriveCan to depart: border mayors, MP

Time for ArriveCan to depart: border mayors, MP
Canadian and foreign visitors are still required to use the app or an online portal to submit their vaccination information to the Canada Border Services Agency ahead of time.

Time for ArriveCan to depart: border mayors, MP

RCMP investigating fake bomb tip: Ottawa police

RCMP investigating fake bomb tip: Ottawa police
Interim Ottawa police chief Steve Bell shared that information in a letter to the city's police services board Tuesday night. Bell says in light of that investigation, Ottawa police is limited in what it can share about the circumstances around Saturday's incident, but adds it will work to give as much information as possible to "ensure transparency."

RCMP investigating fake bomb tip: Ottawa police

B.C. to release money laundering report

B.C. to release money laundering report
Nearly 200 witnesses testified, including former premier Christy Clark, current and former cabinet ministers, government and gaming industry officials, law enforcement officers and academics.

B.C. to release money laundering report

New flood evacuation alert in southern B.C.

New flood evacuation alert in southern B.C.
The District of Sparwood has declared the emergency and posted evacuation alerts for two mobile home parks and several properties along the Elk River after nearly 52 millimetres of rain deluged the community.

New flood evacuation alert in southern B.C.