11:50 | 26/03/2018 Global Economy
Canada's Minister of International Trade Francois-Philippe Champagne began his three-day visit on March 22 to Singapore, aiming to bolster trade and investment with the Association of Southeast Asian Nations (ASEAN) and Singapore in particular.
|Canada’s Minister of International Trade Francois-Philippe Champagne - Source: afr.com|
The minister will meet with his Singaporean counterpart and other officials to discuss measures to enhance bilateral relations. He will also attend and deliver a speech at the Canada-ASEAN Business Council.
During his visit, Champagne will seek export opportunities for Canada’s aluminium and steel and expand trade and investment between the two countries and Canada-ASEAN, especially after the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
ASEAN is the sixth largest trade partner of Canada, with two-way trade hitting 23.3 billion CAD, or US$20 billion in 2017.
The signing of the CPTPP took place in Santiago de Chile on March 8 (local time), with the participation of representatives from 11 member countries, including four ASEAN members and Canada.