(The ASEAN BRIEFING)
- In January 2021, Canada announced that it launched public consultations on a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia.
- Bilateral trade between the two countries is still relatively low at approximately US$3.7 billion; however, there is potential for growth in several sectors.
- This includes increasing exports of Canadian wheat to Indonesia, among the world’s largest importers of the crop.
- Canada has also launched exploratory discussions for a potential free trade agreement with the ASEAN bloc.