Advancing Asia–Canada Relations
In 2017, two-way merchandise trade between Canada and India reached $8 billion and reached $23 billion between Canada and ASEAN's 10 member countries. Events in the Asia-Pacific region are of critical importance to a broad range of Canadian goals, including prosperity, development, inclusion, sustainability, peace, and security. We are committed to promoting a progressive approach to trade that fosters open markets, creates jobs, helps business become more competitive and drives growth across the Asia-Pacific region
Public–private partnerships (PPPs) can play an important role in addressing the huge infrastructure investment shortfall in Asia and the Pacific. ADB encourages project financing in cooperation with the private sector in all its core operations. Infrastructure needs in developing Asia and the Pacific will exceed $22.6 trillion through 2030. Available funding from traditional sources falls far short of the investment need. With the region facing a huge shortfall in investment, along with its consequences on economic growth