Close X
Thursday, January 2, 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

Altercation between youth groups results in youth being stabbed in Newton

Altercation between youth groups results in youth being stabbed in Newton
Police say they are working to identify two suspects, they are described as South Asian youths believed to be between 15 and 17 years old, who left the area before police arrived. They say one of the suspects may have sustained superficial injures during the altercation.

Altercation between youth groups results in youth being stabbed in Newton

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash
On August 30, 2022, Surrey RCMP Drug Unit executed a search warrant at a convenience store located in the 10200-block of City Parkway.  Investigation lead the police to believe that the business was being used to facilitate drug trafficking in the area.

Search warrant at a Surrey convenience store leads to seizure of fentanyl and large amount of cash

Canada losing internationally trained doctors

Canada losing internationally trained doctors
Doctors trained abroad arrive in the country hoping to practise but are often stymied by the costly licensing process, and they leave for countries where it is easier to get licensed. Some provinces, including Nova Scotia and Newfoundland and Labrador, are working to streamline their procedures as they welcome Ukrainian doctors fleeing the war in their country.

Canada losing internationally trained doctors

Rain, cooler weather aid B.C. wildfire crews

Rain, cooler weather aid B.C. wildfire crews
Rain in southwest B.C. also dampened the two wildfires east and southwest of Hope, including the five-square kilometre blaze that affected eastbound traffic on Highway 1, and the BC Wildfire Service says both fires are now ranked as "being held," meaning neither is likely to spread.

Rain, cooler weather aid B.C. wildfire crews

Burnaby RCMP need the public's help in finding missing man Rajesh Verma

Burnaby RCMP need the public's help in finding missing man Rajesh Verma
Burnaby RCMP is asking for the public’s assistance in locating 65-year-old Rajesh Verma. Rajesh was last seen by family in the 8800-block of Armstrong Avenue at 3:30 p.m. Thursday, September 15, 2022.  

Burnaby RCMP need the public's help in finding missing man Rajesh Verma

Former PMs to attend queen's funeral in London

Former PMs to attend queen's funeral in London
Prime Minister Justin Trudeau, Gov. Gen. Mary Simon and their spouses are leading the delegation, which departs Friday, though it's unclear whether all guests will travel on the same aircraft. The group will include former governors general Michaëlle Jean and David Johnston as well as former prime ministers Kim Campbell, Jean Chrétien, Paul Martin and Stephen Harper.

Former PMs to attend queen's funeral in London