It is our pleasure to invite you to join us at the Seminar “5 years of implementation of the CPTPP: Vietnam as a gateway to ASEAN for Canadian businesses” which will be held on 16th October, 2023 in Edmonton, Alberta.
Co-organized by the Trade Commissioner Services Alberta and Northwest Territories, Edmonton Global, the Vietnam Trade Office in Canada, the Canada-ASEAN Business Council, the Seminar aims to evaluate the CPTPP’s five years of implementation and the best course of action for maximising its benefits in the new context of the Indo-Pacific Strategy and the upcoming Canada-ASEAN free trade agreement.
ASEAN region is the fastest growing economic region in the world and will be the consumption gravity of the world by 2030 with 660 million of consumers. ASEAN is now the 5th largest economy of the world and quickly emerges as a new global hub for trade, exchange and innovation. Vietnam has been a good and significant partner for Canada in ASEAN for 50 years. Vietnam has consistently been the top ASEAN destination for Canadian goods thanks to an average economic growth rate of 7% over a 30-year period, and it can serve as a gateway for Canadian companies looking to grow in the region.
The momentum of trade relations between Việt Nam and Alberta province is regaining after the Covid and has increased 45% in 2022 in comparison to 2021. The Alberta is now our largest exporter from Canada with a value of more than 160 million USD in 2022 and our second largest FDI provincial recipient in Canada. The 1st Joint-Economic Committee between Vietnam and Canada; the Comprehensive Progressive Transpacific Partnership; the Canada-ASEAN Strategic Partnership will create more opportunities for our businesses.
Canada companies will be updated with policies and geo-political contexts to better understand free trade agreements (FTAs) and tap on it to grow up and go global. Speakers from Canada, ASEAN and Vietnam’s governments will explain how FTAs might improve Canada economic links with ASEAN as well as how the region is important in Canada’s Indo-Pacific strategy. The results of the CPTPP’s five years of implementation will be presented by Dr. Quynh Tran from the Vietnam Trade Office in Canada, who will also discuss how Alberta businesses may use it to better source, sell, and partner in ASEAN. Several supporting mechanisms from the Federal government and Alberta government to enterprises to diversify and improve the supply chain connection will be shared by the Trade Commissioner Services Alberta and Northwest Territories and by Edmonton Global.
The Executive Director in Canada of the Canada-ASEAN Business Council, Ms Thi Be Nguyen will examine how ASEAN has played a central role in multilateral trade liberalization and integration and how ongoing trade agreements with the region might open up new potentials. The President of Senescene Life Sciences will also discuss the company’s achievements in Vietnam to inspire Canada businesses to take advantage of the region’s growing business prospects.
The seminar is one of events honouring the 30th Anniversary of the Vietnam Trade Office in Canada and the 50th Anniversary of diplomatic relations between Vietnam and Canada, as well as an excellent occasion to tightening the two countries’ economic ties.
Seminar will be held from 14h30-16h30, on 16th October, 2023 at: Edmonton Global 10020, 100 st NW, Suite 2205, Edmonton, T5J0N5. Seats are limited and by confirmation only.
Please click the link for agenda, speakers’s profile and registration at:https://www.canasean.com/event-details/5-years-of-implementation-of-the-cptpp
