Spotlight on Japan: Opportunities to Expand Canada’s Trade in Asia
The Conference Board of Canada, 44 pages,
December 7, 2020
Impact Paper
by
Sheila Rao
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This impact paper showcases the Canada–Japan trade and investment relationship and potential opportunities for growth. It looks at ways the two countries can collaborate and how Japan can serve as a gateway to other Asian markets.
Document Highlights
Spotlight on Japan looks at the trade and investment relationship between Canada and Japan and uncovers opportunities for growth. Some highlights:
- The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) offers a host of opportunities to deepen relations with Japan
- The CPTPP will particularly benefit Canada’s agri-food industry.
- Canada could move up the value chain in food exports. Demographic and lifestyle changes in Japan have changed demand for foods there.
- Japan is an ideal gateway to other Asian economies, such as the ASEAN countries and Taiwan.
- Canada and Japan share mutual strengths and interests, such as in clean technology and life sciences.
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