Canada’s Indo-Pacific Strategy to support growth and prosperity for the agriculture and agri-food sector

REGINA, SK, Dec. 3, 2022 /CNW/ – The Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, met with agriculture stakeholders at the Canadian Western Agribition in Regina, Saskatchewan, to focus on the Government of Canada’s new Indo-Pacific Strategy (IPS). 

Minister Bibeau toured the Canadian Western Agribition in Regina, Saskatchewan on Saturday and held two roundtable discussions: one with the Canadian Cattle Association, and a second with a number of Canadian agriculture associations. They mentioned the IPS, and the landmark announcement that comes with it: Canada’s first ever Indo-Pacific Agriculture and Agri-Food Office (IPAAO).

With $31.8 million earmarked in devoted funding, this new workplace will allow Canada to interact with stakeholders, regulatory counterparts, and coverage decision-makers to deepen partnerships with Indo-Pacific economies that worth sustained, significant relationships, collaboration and the sharing of experience.

Expanding our presence in the Indo-Pacific will assist Canadian farmers, meals processors and exporters maximize their alternatives and place Canada as a most well-liked provider in key rising markets. The Indo-Pacific encompasses greater than 40 economies and is the quickest rising area in the world. It is Canada’s second-largest regional export market and buying and selling accomplice (after the United States), with $26.5 billion in annual two-way agri-food and seafood commerce in 2021.

The new IPAAO will probably be well-positioned to assist Canada develop commerce, funding and provide chain resilience, certainly one of 5 strategic aims for Canada beneath the new Indo-Pacific Strategy, alongside selling peace, resilience and safety; investing in and connecting individuals; constructing a sustainable and inexperienced future; and guaranteeing Canada stays an lively and engaged accomplice. 

Every subject that issues to Canadians – our nationwide safety, financial prosperity, democratic values, public well being, the high quality of our surroundings, human rights – will probably be formed by developments on this area, and the relationships Canada has with its Indo-Pacific companions. The IPS is a roadmap to deepen Canada’s engagement in the Indo-Pacific over the subsequent decade. Our commitments and contributions beneath this framework will convey advantages to a spread of strategic sectors for Canada, together with agriculture and agri-food, the place regional demand is powerful and rising. 

Quotes

“The Indo-Pacific Strategy is nice information for Canada’s agriculture and agri-food sector. Opening a Canada Indo-Pacific workplace has lengthy been a high-priority request from trade members and we are going to work with our companions to profit from the alternatives this new initiative can convey. And with greater than 1,250 company from over 86 international locations, Agribition is a becoming venue to kick off these discussions.”
–       The Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food

“We look ahead to increasing export alternatives in the Indo-Pacific area for our world-renowned, high-quality Canadian beef. “We are pleased with our position in sustainably producing a nutritious protein supply for tables at dwelling and overseas.”
–       Ryan Beierbach, Canadian Cattle Association Director

“The Indo Pacific Strategy will open up new markets for agricultural exports, whereas permitting Canada to solidify its position as a world meals provider in a time of mounting world meals insecurity. Measures like the Indo-Pacific Agricultural and Agri-Food Office are essential to making significant strides in markets round the world, by guaranteeing Canadian agriculture has a strategic presence in what’s a essential market for Canadian producers.”
–       Todd Lewis, 2^nd Vice President of the Canadian Federation of Agriculture

Quick information

• The Indo-Pacific encompasses greater than 40 economies, together with six of Canada’s high 13 buying and selling companions: India, Japan, People’s Republic of China, Republic of Korea, Taiwan and Vietnam. The area’s economies accounted for 24 per cent of Canada’s whole agri-food and seafood exports in 2021.
• Today, the Indo-Pacific makes up greater than one-third of all world financial exercise and accounts for 65 per cent of the world inhabitants. By 2030, it will likely be dwelling to two thirds of the world center class. By 2040, the Indo-Pacific area will account for greater than half of the world financial system.
• The Indo-Pacific area will play a massively consequential position in reaching the Government of Canada’s objective of $95B in agricultural sector export revenues by 2028.

Related merchandise

Associated hyperlinks

Follow us on Twitter, Facebook, Instagram, and LinkedIn
Web: Agriculture and Agri-Food Canada

SOURCE Agriculture and Agri-Food Canada

For additional data: For media: Marianne Dandurand, Press Secretary, Office of the Minister of Agriculture and Agri-Food, [email protected], 343-541-9229; Media Relations, Agriculture and Agri-Food Canada, Ottawa, Ontario, 1-866-345-7972, [email protected]