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Canada Sees ASEAN Free Trade Agreement as Crucial for Economic Growth

Kuala lumpur: Canada is optimistic that ongoing negotiations for an ASEAN-Canada Free Trade Agreement (FTA) will unlock substantial economic opportunities for both regions, while advancing inclusive and rules-based growth. The High Commission of Canada in Malaysia in a statement Thursday noted that the FTA is a key pillar in Canada’s broader engagement with Southeast Asia, as the country looks to deepen trade ties, enhance supply chain resilience, and support sustainable development across the Indo-Pacific.

According to BERNAMA News Agency, the agreement reflects a shared commitment to inclusive development, economic diversification, and sustainable digital transformation. The strategic partnership between Canada and ASEAN, which has matured from a Dialogue Partnership into a robust Strategic Partnership over 48 years, is built on mutual trust, shared values, and a commitment to multilateralism.

Canada also welcomed Malaysia’s leadership as ASEAN Chair in 2025, noting that the chairmanship’s focus on inclusivity and sustainability aligns closely with Canada’s own Indo-Pacific Strategy. This strategy provides a clear framework to guide deeper collaboration across economic, digital, and security sectors.

The high commission highlighted several ASEAN-Canada cooperation initiatives, including the SEED Canada-ASEAN Scholarships, the ASEAN-Canada Trust Fund, the Mitigation of Biological Threats Programme, and the Women, Peace and Security Project. These initiatives aim to narrow development gaps and empower communities across the region, demonstrating Canada’s commitment to ASEAN’s people-centred priorities.

In the digital realm, Canada aims to deepen engagement through ASEAN sectoral platforms such as the ASEAN Digital Senior Officials’ Meeting, which supports innovation, cyber capacity building, and digital economy development. The BlackBerry Cybersecurity Centre of Excellence in Malaysia is a notable example of collaboration between a leading Canadian technology company and the Malaysian government, strengthening regional digital security and innovation capabilities.

The importance of practical cooperation in border and trade facilitation was also emphasized, with initiatives like the CBSA Border Management Symposiums supporting regional efforts to enhance border integrity and legitimate trade flows.

Looking ahead to the 50th anniversary of Canada-ASEAN relations in 2027, both sides are working toward a more resilient, connected, and future-ready partnership, especially as ASEAN itself approaches its 60th founding anniversary. Canada is keen to increase sectoral engagement and work more closely with ASEAN on important issues such as digital transformation, energy, and food security.

Earlier, Canada’s Foreign Minister Anita Anand led her country’s delegation to the ASEAN-Canada Post Ministerial Conference held alongside the 58th ASEAN Foreign Ministers’ Meeting (AMM) in Kuala Lumpur. The session was attended by Malaysian Foreign Minister Datuk Seri Mohamad Hasan, ASEAN Secretary-General Dr Kao Kim Hourn, and foreign ministers from ASEAN member states, as well as Timor-Leste, which participated as an observer.

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