CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Canada Agrees To Exploratory ASEAN Trade Talks

Canada Agrees To Exploratory ASEAN Trade Talks

by Mary Swire,, Hong Kong

11 September 2017

Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement.

The decision was made on September 8, at the Sixth ASEAN Economic Ministers-Canada Consultation in Manila.

According to a joint statement issued after the meeting, ministers welcomed the completion of a preliminary joint feasibility study, which evaluates the potential benefits of an ASEAN-Canada FTA. In light of the positive results from this study, ministers asked officials to complete a more in-depth analysis and agreed to the terms of reference for a full joint feasibility study.

Canadian International Trade Minister Francois-Philippe Champagne, said: "Canada is a Pacific nation and is pursuing a comprehensive, strategic, and progressive trade agenda throughout the region. An enhanced economic partnership with ASEAN will create good middle-class jobs and benefit our small- and medium-sized enterprises by providing clear, stable, and progressive rules of conduct so businesses can grow and expand in one of the world's fastest-growing and most dynamic markets."

Canada is currently a Dialogue Partner of ASEAN. This is a status conferred by ASEAN foreign ministers upon certain external parties. In 2016, merchandise between Canada and the ASEAN bloc was worth CAD21.6bn (USD17.8bn).

ASEAN comprises 10 member states: Cambodia, Brunei, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

TAGS: business | free trade agreement (FTA) | Brunei | export duty | tariffs | trade treaty | Laos | Philippines | Singapore | Thailand | agreements | Cambodia | Canada | Indonesia | Malaysia | import duty | trade | Vietnam

To see today's news, click here.

Leave a comment

Read our Posting Guidelines



Password Reminder

Please enter your email address to receive a password reminder.


Log into Tax-News+
Not registered yet? Find out about our daily news alert service »


Login »

Forgotten your password?

Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Tax-News+ Updates

Receive FREE daily updates from, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...


Stay Updated

Please enter your email address to join the mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »