Canada Sends Business Delegation to Japan as Trade Diversification Push Continues

Canada has sent a large-scale business delegation to Japan as part of efforts to diversify trade partnerships. Canadian International Trade Minister Maninder Sidhu led the group and addressed a reception in Tokyo on Wednesday, June 25. “The world has become a turbulent place.

Supply chains built over a decade are being rewired overnight,” Sidhu said. “We’re not just diversifying. We’re building big. ” The United States remains Canada’s largest trading partner. Ottawa has set a target of doubling exports to other countries by 2035, a step projected to add about 300 billion Canadian dollars, or roughly 211 billion U.S.

Dollars, in additional trade. japantimes.co.jp reported the delegation’s arrival and Sidhu’s remarks at the Tokyo event.