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Dependence on the powerful American neighbor is no longer suitable: Canada is looking for new partners

2022-11-29 17:13:54Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Dependence on the powerful American neighbor is no longer suitable: Canada is
Canada seeks new partners

Heavy dependence on the powerful American neighbor no longer suits Canadians. With a new strategy, they want to deepen relations with more than 40 Pacific countries - and also counter China.

The Indo-Pacific region will play an "important and profound role" in the future of the "Pacific nation" that is Canada, Ottawa said. This is why Prime Minister Justin Trudeau's government has adopted an Indo-Pacific Strategy. €1.65 billion will be invested in various projects aimed at strengthening Canada's commitment to the Indo-Pacific over the next ten years and deepening relations with more than 40 Pacific countries.

The shift comes against a backdrop of an increasingly restrictive US approach to economic relations and growing criticism of free trade. As the latest trade data shows, 68 percent of Canada's foreign trade is with the American neighbor, while China accounts for just seven percent.

Investments also in weaponry and cyber security

However, China is also seen as problematic in the new strategy. As for the People's Republic, the 26-page strategy document says foreign investment rules will be strengthened to protect intellectual property and prevent Chinese companies from gaining access to the nation's natural resources.

China is a "disruptive power," the concept says, so strategy funds should also be allocated to armaments and cyber security. However, cooperation with the world's second largest economy is necessary to tackle problems such as climate change or limiting nuclear weapons.

Canada is not the first to take this stance

With its approach, Canada is part of efforts by Western countries to counter China's growing economic and military influence in the region. The United States of America created an informal association of nations this summer to strengthen relations with Pacific island nations. Australia, Japan, New Zealand and the UK are also part of what is called the Blue Pacific Partners (PBP). They want to advance economic relations between the rest of the world and the Pacific states.


Në përputhje me standarded JTI

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