Last year, Canada launched its Indo-Pacific Strategy, prioritizing growing our economic ties and business relationships.
This week the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, led the first Team Canada Trade mission to Singapore, with over 175 businesses in attendance.
Team Canada trade missions are a key part of Canada's Indo-Pacific Strategy, and will create strong and sustainable business ties for businesses on both sides of the Pacific.
As part of this Team Canada Trade Mission, Minister Ng also met with the Quebec Minister of International Relations and Francophonie, Martine Biron, to discuss the coordinated expansion and strengthening of Canada's presence on the ground in the Indo-Pacific Region.
While in Singapore, Minister Ng attended both the Canada in Asia conference and the Asian Business Leaders Advisory Council (ABLAC), which brought together businesses, investors, thought leaders, Canadian alumni, and post secondary institutions. While in attendance, Minister Ng highlighted Canada's important international education ties with a range of Indo-Pacific partners.
At a meeting with representatives from Canadian Chambers of Commerce based in the region, Minister Ng announced funding of up to $1 million per year for Canadian chambers to support Canadian business expand, export and grow into the region.
Minister Ng also met with Gan Kim Yong, Singapore Minister of Trade and Industry and Vivian Balakrishnan, Singapore Minister of Foreign Affairs. She spoke with both Ministers about strengthening the economic relationship between Canada and Singapore and increasing trade and investment ties in the region.
In her meeting with Minister Gan, the Ministers agreed to begin a dialogue on cooperation in the green economy, including with the private sector.
Also while in Singapore, Minister Ng had a productive virtual meeting with her Comprehensive and Progressive Agreement for Trans-Pacific Partnership counterparts where they reaffirmed their commitment to upholding the high standards of the agreement, and working on the UK accession process.
