Canada opens office dedicated to Indo-Pacific trade
By Food in Canada StaffExporting & Importing Editor pick Indo-Pacific Agriculture and Agri-Food Office
Canada launches its first ever Indo-Pacific Agriculture and Agri-Food Office (IPAAO). With $31.8 million earmarked in dedicated funding, this new office will enable Canada to engage with stakeholders, regulatory counterparts, and policy decision-makers to deepen partnerships with Indo-Pacific economies.
Expanding presence in the Indo-Pacific will help Canadian farmers, food processors and exporters maximize their opportunities and position Canada as a preferred supplier in key emerging markets. The Indo-Pacific encompasses more than 40 economies and is the fastest growing region in the world. It is Canada’s second-largest regional export market and trading partner (after the United States), with $26.5 billion in annual two-way agri-food and seafood trade in 2021.
The new IPAAO will help Canada expand trade, investment and supply chain resilience, one of five strategic objectives for Canada under the new Indo-Pacific Strategy, alongside promoting peace, resilience and security; investing in and connecting people; building a sustainable and green future; and ensuring Canada remains an active and engaged partner.
“The Indo-Pacific Strategy is great news for Canada’s agriculture and agri-food sector. Opening a Canada Indo-Pacific office has long been a high-priority request from industry members and we will work with our partners to benefit from the opportunities this new initiative can bring,” said Marie-Claude Bibeau, agriculture and agri-food minister.
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