Canada and Indonesia agreed to a deal to lower trade barriers and ease investment procedures, part of efforts by both nations to expand global economic ties in the wake of higher U.S. tariffs.

Prime Minister Mark Carney and Indonesian President Prabowo Subianto signed the pact, known as a comprehensive economic partnership agreement, at a meeting in Ottawa on Wednesday.

Officials in Indonesia previously said the deal would help more than 90 per cent of the country’s goods get better access to the Canadian market, including textiles, paper, processed foods and palm oil.

Canada has praised the pact for enhancing access to Southeast Asian supply chains and boosting transparency for trade and investment. It also forms part of Canada’s larger strategy to strengthen trade ties with Asian coun

See Full Page