Minister Ng to attend the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting in Arequipa, Peru to advance Canada’s trade priorities
News release
May 13, 2024 - Ottawa, Ontario - Global Affairs Canada
The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today announced that she will visit Arequipa, Peru, from May 15 to 18, to participate in the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade Meeting. The Minister will also represent Canada at the first APEC joint meeting of ministers for women and ministers responsible for trade.
Under Peru’s priority theme for APEC of Empower, Include and Grow, Minister Ng will work with APEC economies to advance new opportunities for Canadian workers and businesses and to support a strong and inclusive global economy that benefits people on both sides of the Pacific. Canada’s membership at APEC strengthens relationships with emerging economies and helps to advance the goals of Canada’s Indo-Pacific Strategy.
In Arequipa, Minister Ng will chair a meeting about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to discuss progress on trade priorities. She will also attend a Global Trade and Gender Arrangement (GTAGA) event to discuss opportunities to empower women in trade and help make international trade more inclusive.
Minister Ng is scheduled to meet with her international counterparts to discuss trade priorities that will provide opportunities for Canadian businesses and workers.
Quotes
“As Canada continues to deepen and diversify its engagement in the Indo-Pacific, meetings with our APEC and CPTPP partners are crucial to exploring trade opportunities for our Canadian businesses to grow and find successes in this fast-growing region. I am looking forward to meeting my international counterparts to address economic and trade priorities that will benefit Canadians across the country.”
- Mary Ng, Minister of Export Promotion, International Trade and Economic Development
Quick facts
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Canada is a founding member of APEC. Since its establishment in 1989, APEC has become the pre-eminent economic forum in the Asia-Pacific region.
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APEC is a leading platform for Canada to advance economic policies in the region to promote free, fair and open trade and investment, as well as to advance inclusive and sustainable growth.
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The 21 APEC member economies account for nearly 40% of the world’s population, around half of the global merchandise trade and around 60% of global GDP.
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In 2023, fellow APEC economies were the destination for more than 88% of Canada’s merchandise exports. Four of Canada’s top 5 merchandise trading partners are APEC economies.
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In 2023, foreign investment from APEC economies in Canada was valued at $866.2 billion.
Associated links
- Minister Ng advances Canada’s trade priorities at 13th WTO Ministerial Conference in Abu Dhabi
- Minister Ng advances cooperation on trade, investment and supply-chain resilience in the Asia-Pacific Region
- Minister Ng participates in Asia-Pacific Economic Cooperation trade ministers’ meeting in Detroit
- Canada and the Asia-Pacific Economic Cooperation
- Canada’s Indo-Pacific Strategy
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
- Doing business in Peru
- Global Trade and Gender Arrangement (GTAGA)
- Women Entrepreneurship Strategy
- SheTrades
- Trade Commissioner Service
Contacts
Huzaif Qaisar
Press Secretary
Office of the Minister of Export Promotion, International Trade and Economic Development
343-575-8816
Huzaif.Qaisar@international.gc.ca
Media Relations Office
Global Affairs Canada
media@international.gc.ca
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