Home Politics Trudeau Aims for Economic Growth at ASEAN Summit Amid Geopolitical Tensions

Trudeau Aims for Economic Growth at ASEAN Summit Amid Geopolitical Tensions

by Olawunmi Sola-Otegbade
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Trudeau Aims for Economic Growth at ASEAN Summit Amid Geopolitical Tensions

Trudeau Aims for Economic Growth at ASEAN Summit Amid Geopolitical Tensions

At the ASEAN Summit in Vientiane, Laos, Prime Minister Justin Trudeau is steering Canada toward stronger economic partnerships with Southeast Asia while navigating the looming challenges of global conflicts. As Trudeau makes his first official visit to Laos, the summit’s focus on building a “Connected and Resilient Community” takes center stage. ASEAN remains Canada’s fourth-largest trading partner, with over $38.8 billion in bilateral trade in 2023 alone. Trade talks with ASEAN and Indonesia continue, aimed at securing free trade agreements by 2025 and the end of this year, respectively.

Strengthening ties with ASEAN is central to Canada’s Indo-Pacific strategy, as the Trudeau government works to counterbalance China’s influence. ASEAN’s 2024 report, however, shows shifting regional attitudes toward China, with 50.5% of respondents favoring alignment with Beijing. While economic growth is the summit’s priority, geopolitical tensions, including the Israel-Hamas war and Canada’s support for Ukraine, could stir discussions. Senior sources from the Prime Minister’s Office stress the importance of engaging in candid conversations with individual partners to navigate these sensitive issues.

As one of only two G7 leaders attending the summit, Trudeau will highlight the importance of sustainable, long-term growth, with a focus on empowering women and driving clean energy transitions. The summit also underscores Canada’s broader aim of embedding itself in the region’s economic and political framework, including the opening of an agriculture office in Manila.

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Source: Swifteradio.com

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