Global Economy

published : 2023-09-07

Canada Progresses Toward ASEAN Trade Deal as Trudeau Emphasizes Transparency

International rules, economic growth also discussed at Canada-ASEAN summit

Canadian Prime Minister Justin Trudeau speaks during his bilateral meeting with Malaysian Prime Minister Anwar Ibrahim (not pictured), on the sidelines of the 43rd ASEAN Summit in Jakarta, Indonesia, on Sept. 6, 2023. (Photo taken with Nikon D850)

Canada is set to solidify a free trade agreement with ASEAN following the launch of the Canada-ASEAN strategic partnership, with Prime Minister Justin Trudeau expressing his confidence in the successful conclusion of the deal.

During the ASEAN-Canada summit held in Jakarta, Trudeau underscored the significance of transparency and adherence to international rules as crucial elements for achieving sustainable growth and mutual benefits among the participating nations.

The summit, which saw Trudeau and the ASEAN leaders engage in bilateral discussions, included discussions on various topics such as economic growth and the importance of upholding international trade standards.

Prime Minister Justin Trudeau addressing the ASEAN-Canada summit in Jakarta, emphasizing the importance of transparency and international rules, ensuring a fair global trading system. (Photo taken with Canon EOS R5)

Trudeau's commitment to transparency echoes Canada's tireless efforts to promote a fair and open global trading system, ensuring that all stakeholders have equal opportunities to thrive in the market.

The Canada-ASEAN strategic partnership, initiated amidst the backdrop of these discussions, further reinforces the commitment to strengthen economic ties and foster greater cooperation between Canada and the ASEAN member states.

With the anticipation of finalizing a free trade agreement, Canada and ASEAN are poised to unlock new avenues of economic growth that will benefit both parties, leading to job creation and increased prosperity.

Leaders of Canada and ASEAN engaging in discussions on economic growth and the significance of upholding international trade standards. (Photo taken with Sony A7R IV)

As Trudeau and the ASEAN leaders concluded their summit, the positive momentum generated by this successful gathering sets the stage for enhanced collaboration, paving the way for a more interconnected and resilient economy in the years to come.