Sign up for Team Canada Trade Missions to Malaysia, Vietnam and South Korea

From: Global Affairs Canada

News release

December 12, 2023 – Ottawa, Ontario - Global Affairs Canada

Building on the success of the Team Canada Trade Mission to Japan in fall 2023, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, announced that she will lead Team Canada trade missions to Malaysia and Vietnam from March 24 to 29 and to South Korea from April 21 to 25, 2024. During the trade missions, Canadian companies will have the opportunity to learn about opportunities in key sectors, such as:

  • aerospace and defence
  • agriculture and processed foods
  • clean energy
  • clean technologies
  • information and communications technologies
  • life sciences
  • creative industries

As a flagship deliverable of Canada’s Indo-Pacific Strategy, Team Canada trade missions create new opportunities for Canadian companies of all sizes to grow across that region while strengthening Canada’s resilience in global supply chains. Team Canada welcomes participation from provinces and territories, municipalities, other government departments, trade portfolio partners, chambers of commerce, and trade and industry associations to truly demonstrate a “whole of Canada” approach. 

Register now to join Minister Ng in Malaysia, Vietnam and South Korea to help grow your Canadian business in a global market. Dates for Indonesia and the Philippines will be announced in 2024.

Quotes

“Our recent Team Canada Trade Mission to Japan opened doors to bring more of Canada to the Indo-Pacific. I’m looking forward to building on this momentum and helping Canadians grow their businesses in the dynamic markets of Malaysia, Vietnam South Korea.”

- Mary Ng, Minister of Export Promotion, International Trade and Economic Development

Quick facts

  • The Indo-Pacific is Canada’s second-largest regional export market, after the United States, with annual 2-way merchandise trade valued at $270 billion in 2022.

  • Launched in November 2022, Canada’s Indo-Pacific Strategy creates opportunities to expand trade and investment, grow good jobs and build supply chain resilience.

  • Malaysia is one of Canada’s largest bilateral merchandise trading partners in the Association of Southeast Asian Nations (ASEAN) region. Bilateral trade between Canada and Malaysia increased by over 17% in 2022 compared to 2021.

  • As of November 29, 2022, bilateral commercial exchanges between Malaysia and Canada are bolstered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

  • Vietnam is the largest trading partner in the ASEAN region and the CPTPP has been in force in Vietnam since January 2019.

  • Vietnam is an economic partner that plays an important role in advancing Canada’s trade diversification efforts in the region.

  • Canada and South Korea enjoy close relations, strengthened by long-standing people-to-people ties, shared values, a history of mutual support, and Canada’s first and only bilateral free trade agreement in the Indo-Pacific region: the Canada-Korea Free Trade Agreement.

  • South Korea was Canada’s seventh-largest trading partner by two-way merchandise trade and sixth-largest import and export partner.

Associated links

Contacts

Shanti Cosentino
Press Secretary
Office of the Minister of Export Promotion, International Trade and Economic Development
343-576-4365
Shanti.Cosentino@international.gc.ca

Media Relations Office
Global Affairs Canada
media@international.gc.ca
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