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Canada-ASEAN Free Trade Agreement: Status update


Author(s):
Brad Wall, Chelsea Rubin, David Jones

June 13, 2023

The supply chain and geopolitical shocks reverberating from the pandemic, Russia’s invasion of Ukraine, and the evolving stance of many countries towards China have introduced a high degree of uncertainty into the global economy. Amidst this uncertainty, consumers and businesses around the world are searching for stability in their supply chains. These new political and logistical dynamics create opportunities, and certain governments (including the Canadian government) are responding by rebalancing their trading relationships.

As part of this rebalancing, Canada entered into free trade agreement negotiations with the Association of Southeast Asian Nations (ASEAN) in late 2021, with the goals of leveraging Canada’s key strengths as a trading…

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