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Exploring Opportunities in the Indo-Pacific: Insights from our “Gateway to the Indo-Pacific” Event
Exploring Opportunities in the Indo-Pacific: Insights from our “Gateway to the Indo-Pacific” Event
The event served as a dynamic forum for delving into the diverse business prospects within this rapidly growing region.
On April 10, the Canadian Chamber of Commerce, in collaboration with Export Development Canada (EDC), hosted the “Gateway to the Indo-Pacific” event in Montreal, Quebec. The event served as a dynamic forum for delving into the diverse business prospects within this rapidly growing region.
With a focus on key sectors such as agri-food, infrastructure, clean technology and advanced manufacturing, the event highlighted the vast potential available to Canadian businesses looking to expand their horizons.
Fireside Chat: Why Indo-Pacific?
The event kicked off with a fireside chat between the Canadian Chamber’s President and CEO, Perrin Beatty, and EDC’s President and CEO, Mairead Lavery. They discussed why the Indo-Pacific is such an attractive market, citing its 40 markets, $47 billion of economic activity, growing middle class and significant demand. They also explored the potential for Canada in sectors like energy, food, raw materials, manufacturing, technology and infrastructure.
Panel 1: Choosing the Right Market and Entry Strategy in the Indo-Pacific
The first panel featured industry experts such as Mélissa Prophète from Investissement Québec International, Guillaume Brossard from the Port of Montreal, Jeff Mahon from Strategy Corp & Canada West Foundation, and Nigel Neale from Global Affairs Canada. They discussed the challenges of doing business in the Indo-Pacific, emphasizing the importance of understanding market dynamics, diversifying market presence and managing geopolitical risks. The panel also highlighted the untapped potential of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the role of the Trade Commissioner Service in navigating regulatory variations.
Panel 2: Canada’s Contribution to EV Manufacturing in the Indo-Pacific
The second panel focused on Canada’s role in EV manufacturing in the Indo-Pacific. Experts such as Sven List from Export Development Canada, David Anonychuk from SGS, Leigh Clarke from E3 Lithium, Corinne Havard, and A.J. Nichols discussed the opportunities for Canadian companies to supply vital materials to EV battery manufacturers in the region. They emphasized the need to build government relationships and strategies for market access and capital confidence.
Panel 3: Seizing Agri-Food Opportunities in the Indo-Pacific
The final panel, including René Roy from the Canadian Pork Council, Sarah Fedorchuk from The Mosaic Company, Solange Henoud from Lallemand Health Solutions, Brian Innes from Soy Canada, and Jeff Nankivell from the Asia Pacific Foundation of Canada, explored the agri-food opportunities in the Indo-Pacific. With a growing middle-income population, there is increasing demand for high-quality, nutrient-rich foods. Canadian agriculture is uniquely positioned to meet this demand, with its high regulatory standards, transportation capabilities and commitment to sustainability.
The event also showcased resources from Export Development Canada to support Canadian businesses in the region:
- India Premium Guide
- Doing Business in Australia
- EP12 Gazing east: Canada’s markets of the future
- Canadian seafood exporters: Casting a wider net in the Indo-Pacific
- Three Farmers Foods sees big potential in the Indo-Pacific
- Exporting to India: Top 12 etiquette tips
- EDC and PT Sarana Multi Infrastruktur (Persero) partnership to accelerate Indonesia’s energy transition and infrastructure development
- Renewable energy sector opportunities rage in Australia
- Market intelligence for Indo-Pacific
- How Canadian exporters will benefit from our Indo-Pacific strategy
- Doing business in India: Tips for importing and exporting
- Doing business in South Korea: Tips and Insights
- Doing business in Singapore
- Agri-food export markets in Indo-Pacific
- 3 markets to watch: Vietnam, Thailand and the Philippines
- Market of opportunity: Unleashing Indonesia’s potential
- Cultural tips for doing business in South Korea
- Singapore business FAQs and export tips
- Sectors in Focus: Winter 2023 (Agrifood in the Indo-Pacific Spotlight)
- E-commerce grocery platforms deliver growth across the Indo-Pacific