Canadian agriculture groups hope new Indo-Pacific strategy leads to trade deals
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.