⚡️🇨🇦🇵🇭 — Canada Advances Free Trade Talks with Philippines and ASEAN to 90% Completion, Targeting November Finalization, — Reuters.

​➡️ Canadian Trade Minister Maninder Sidhu announced on Tuesday that negotiations for bilateral free trade agreements with the Philippines and the broader Association of Southeast Asian Nations (ASEAN) have reached over 90% completion. Speaking on the sidelines of Southeast Asian economic ministerial meetings in Manila, Sidhu stated that Ottawa aims to finalize both pacts ahead of Prime Minister Mark Carney’s scheduled visit to Manila in November, highlighting a mutual commitment to deepening economic ties and fortifying supply chains amidst global geopolitical uncertainties.

​➡️ Centered on economic diversification and energy security, the trade initiative positions Canada's expanding Pacific coast LNG export capacity as a critical stabilizer for Southeast Asian markets grappling with fuel supply constraints and disruptions in the Strait of Hormuz. Beyond energy cooperation, Ottawa is targeting strategic investments in the Philippines' Luzon Economic Corridor, focusing on data centers, infrastructure, and artificial intelligence capabilities to foster long-term commercial integration.

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