The Indo-Pacific region will play a ‘significant and profound role’ in the future of the ‘Pacific nation’ Canada play, it’s written in Ottawa. That is why the government of Prime Minister Justin Trudeau has adopted an Indo-Pacific strategy. The equivalent of 1.65 billion euros is to be invested in various projects through which Canada’s engagement in the Indo-Pacific is to be strengthened over the next ten years and relations with more than 40 Pacific countries are to be be deepened.
Realignment context is an increasingly restrictive course UNITED STATES in economic relations and a growing criticism of free trade. As the latest trade data shows, it accounts for 68% of Canada’s foreign trade. the neighbor United States, while China occupies only seven percent.
Investments also in armaments and cybersecurity
However, go China also seen as problematic in the new strategy. As for the People’s Republic, the 26-page strategy document says foreign investment rules would be tightened to protect intellectual property and prevent Chinese companies from accessing national mineral resources.
According to the concept, China is a “disruptive power”, which is why the money from the strategic pot should also be invested in armaments and cybersecurity. Nevertheless, cooperation with the world’s second largest economy is necessary to tackle issues such as climate change or the limitation of nuclear weapons.
Canada is not exclusive to the idea
Canada’s Course Joins Efforts of Western States, China’s Growing Economic and Military Influence In the region to oppose something. Over the summer, the United States created an informal confederation of states to relations with Pacific island states strengthen. The so-called Blue Pacific Partners (PBP) also include Australia, Japan, New Zealand and Great Britain. They want to promote economic relations between the rest of the world and the Pacific states.
rb/fw (Reuters, www.canada.ca)
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