Prime Minister Mark Carney and Indonesian President Prabowo Subianto on Parliament Hill on Wednesday. Carney has promised to diversify Canada’s exports away from the U.S.
Canada aims to establish duty-free access for up to 95% of its exports to Indonesia over the next eight to 12 months, International Trade Minister Maninder Sidhu said, after signing a trade agreement with one of Southeast Asia’s biggest markets.
The Comprehensive Economic Partnership Agreement is Canada’s first in the economically crucial Indo-Pacific region since Prime Minister Mark Carney took charge earlier this year with a promise to diversify Canada’s exports away from the U.S.
“I see a lot of opportunities in agriculture, in energy and telecom, in defence and aerospace,” Sidhu said in an interview.
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