Latest news with #ASEAN-CanadaFreeTradeAgreement
The Sun
10-07-2025
- Business
- The Sun
Canada sees ASEAN FTA as vital for inclusive economic growth
KUALA LUMPUR: Canada views the proposed ASEAN-Canada Free Trade Agreement (FTA) as a crucial step toward fostering inclusive and resilient economic growth for both regions. The High Commission of Canada in Malaysia emphasised that the FTA aligns with Canada's Indo-Pacific Strategy, focusing on trade expansion, supply chain stability, and sustainable development. The statement noted that Canada's 48-year strategic partnership with ASEAN is rooted in shared values and multilateral cooperation. 'Our strategic partnership has matured into a robust bond built on mutual trust and a commitment to inclusive development,' it said. With Malaysia set to chair ASEAN in 2025, Canada welcomed the focus on inclusivity and sustainability, which complements its own regional priorities. The ASEAN-Canada partnership extends beyond trade, encompassing initiatives like the SEED Canada-ASEAN Scholarships, the ASEAN-Canada Trust Fund, and cybersecurity collaborations such as the BlackBerry Cybersecurity Centre of Excellence in Malaysia. Digital transformation remains a key area of cooperation, with Canada engaging ASEAN through platforms like the ASEAN Digital Senior Officials' Meeting to boost innovation and cyber resilience. The statement also highlighted border management programs, including the CBSA Border Management Symposiums, to enhance trade efficiency and security. As both regions approach milestone anniversaries—Canada-ASEAN relations in 2027 and ASEAN's 60th founding anniversary—efforts are underway to deepen sectoral ties in digitalisation, energy, and food security. Foreign Minister Anita Anand recently led Canada's delegation at the ASEAN-Canada Post Ministerial Conference, attended by Malaysian Foreign Minister Datuk Seri Mohamad Hasan and ASEAN Secretary-General Dr Kao Kim Hourn. – Bernama
Barnama
04-07-2025
- Business
- Barnama
ALEMANIA INVIERTE USD 50 MILLONES EN LA FORMACIÓN DE PERSONAL EN ENERGÍAS RENOVABLES EN VIETNAM
BREAKING NEWS Malaysia hopes ASEAN-Canada Free Trade Agreement negotiations can be concluded soonest possible for mutual benefit - PM Anwar |
The Sun
04-07-2025
- Business
- The Sun
Anwar and Carney push for swift ASEAN-Canada free trade deal
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim and Canadian counterpart Mark Carney have agreed to accelerate negotiations for the ASEAN-Canada Free Trade Agreement (ACAFTA) to foster mutual economic benefits. The leaders emphasised this during a phone conversation, where Anwar congratulated Carney on his Liberal Party's recent election victory. Anwar, currently in Paris, highlighted the shared commitment between Malaysia and Canada under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Both nations advocate for open, fair, and inclusive multilateral trade. The discussion also covered strategic cooperation in trade, investment, defence, clean energy, and digital transformation. Anwar welcomed Petronas' ongoing role in the LNG Canada project, calling it a key pillar of bilateral energy collaboration with potential for future green initiatives. Anwar extended an invitation to Carney for an official visit to Malaysia, aiming to deepen ties between the two countries.
