India , A Critical Partner for Indo-Pacific Strategy

The document contains a separate section on India and growing economic ties. (Representational)
The document contains a separate section on India and growing economic ties. (Representational)

Canada has in its new Indo-Pacific strategy document highlighted plans to increase cooperation with India, including a commitment to work towards a new trade agreement, underscoring New Delhi’s growing importance in the strategic, economic and demographic spheres in the region.

The “Canada’s Indo-Pacific Strategy” document states that the Indo-Pacific region will play a critical role in shaping Canada’s future over the next half-century. At the same time the document describes China as “an increasingly disruptive global power and rebukes the Asian’s country for its disregard of international rules and norms”.

“India’s growing strategic, economic and demographic importance in the Indo-Pacific makes it a critical partner in Canada’s pursuit of its objectives under this strategy,” says the 26-page document released on Sunday.

The strategy document contains a separate section on India and growing economic ties, including through deeper trade and investment, as well as cooperate on building resilient supply chains.

It seeks to expand to market access with India by concluding an Early Progress Trade Agreement (EPTA) as a step towards a Comprehensive Economic Partnership Agreement between the two countries.

The strategy seeks to create a Canada-India desk within the Trade Commissioner Service to promote implementation of the EPTA for businesses and investors looking to enter the Indian market, or for those partnering with Indian businesses

Canada will it says invest in and connect people, including by bolstering Canada’s visa-processing capacity in New Delhi and Chandigarh.

The Canadian government will support academic, educational, cultural, youth and research exchanges.

Canada will seek to accelerate cooperation in the fight against climate change, in protecting the environment and in deploying green technologies.

It will also send enhanced Team Canada trade missions in priority sectors of mutual interest, such as renewable energy and clean technology.

The strategy states that Canada and India have a shared tradition of democracy and pluralism, a common commitment to a rules-based international system and multilateralism, mutual interest in expanding multifaceted ties between the two countries.

According to the document, the Indo-Pacific region will play a critical role in shaping Canada’s future over the next half-century.

Encompassing 40 economies, over four billion people and USD 47.19 trillion in economic activity, it is the world’s fastest growing-region and home to six of Canada’s top 13 trading partners.

“The Indo-Pacific region represents significant opportunities for growing the economy here at home, as well as opportunities for Canadian workers and businesses for decades to come,” the document read.

Meanwhile, the document describes China as “an increasingly disruptive global power,” that have complex and deeply intertwined relationships with its “key regional actors.”

The post India , A Critical Partner for Indo-Pacific Strategy appeared first on Vietexplorer.com.

View more from VietExplorer:

Hoi An surpasses Singapore among top 15 best cities in Asia
October: The golden time for Phu Quoc tourism
Hanoi issues cards to market goers to prevent Covid-19 spread
Hanoi on first day of social distancing
Admiring Ha Long sunset from Ky Thuong Mount when the fall comes
Binh Thuan approves whale-worshipping festival conservation project
Khanh Hoa to receive int’l travelers with vaccine passport on September 18
Youngster restores old works to revive history
Gorgeous beauty of Nui Chua Biosphere Reserve
Yen Bai’s new terraced field complex attracts tourists and photographers
Vietnam will try their best, Park says ahead of Australia game
Vietnam businesses in UK support pandemic fight in home country
Cosy full moon festival provided to disadvantaged kids
4,000 foreigners vaccinated in Hanoi
Viet Nam News’ short film on Essex lorry tragedy to feature at Pune International Film Festival
Vietnam, Cuba enhance all-round ties
Discovering God Cliff in Ha Giang
Various activities to celebrate traditional Mid-Autumn Festival
A master of martial arts & traditional medicine
Hanoi relic sites during social distancing

Comments

Post a Comment

Popular posts from this blog

Impressive Lunar New Year Festival 2024 Mesmerizes Visitors

Image
The festival, organized by the Ho Chi Minh City Department of Industry and Trade and the Vietnam Cuisine Culture Association, showcases a combination of traditional and contemporary art programs, along with various national Tet rituals. The event features over 150 booths exhibiting a diverse range of Vietnamese products and specialties from different regions. Many tourists gather to observe artisans wrapping and cooking “banh chung” (a square glutinous rice cake), a traditional dish during the Tet holiday. A special attraction of the festival is a calligraphy market where calligraphers, dressed in “ao dai” (Vietnamese traditional long dress), sell calligraphy works written in black and yellow ink on red paper. Visitors also have the opportunity to participate in traditional folk games such as stilt walking, tug of war, blindfolded clay pot breaking, and mandarin square capturing. A booth showcasing “To He” (toy figurines) attracts
Read more

Baking Contest for Baguette Enthusiasts in Vietnam

Image
Professional bakers, students, and enthusiasts, are invite to participate in the Baguette Prizes of the Fiftieth Anniversary of the diplomatic relations between France and Vietnam. The French Consulate General in Ho Chi Minh City, the French Trade and Investment Agency Business France, and the French Chamber of Commerce and Industry in Vietnam (CCIFV) have just launched a Baguette making contest. This is one of a series of events held on the occasion of the 50th anniversary of the establishment of diplomatic relations between Vietnam and France . The contest is open to all professional bakers, students and even amateurs. This event is a unique opportunity to showcase contestants’ creativity and passion for baking, while celebrating the friendship between the two countries. The organisers have chosen to make the contest rules very light in order to give participants the greatest possible freedom in interpreting the baguette. Participants are encouraged to propose an or
Read more

Things Canadian Travelers Must Know Before Planning a Trip to Vietnam

While Hanoi and Ho Chi Minh City are the largest cities in Vietnam, the central region offers unique experiences that cannot be found elsewhere. Digital nomads from Vancouver often visit Da Nang, located in central Vietnam, during the winter season. This is not surprising given the city’s attractions and amenities. Many travelers prefer to visit Vietnam between March and April, as the rainfall is less frequent and the temperatures are milder during this time of the year. Vietnam has a number of popular sightseeing spots that should not be missed. In Hanoi, visitors can immerse themselves in the city’s rich art scene, explore historic temples, and indulge in local street food. The city also offers a mix of experiences, with plenty of opportunities to learn about the culture or enjoy a relaxing drink at a rooftop bar or a laid-back backpacker bar. Ha Long Bay is one of the most famous tourist attractions in Vietnam. The bay features over 1,500 islands and islets, with towering limesto
Read more