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The Daily Canuck
anada’s relationship
with Turkey, an emerging market with opportunities in trade, energy, infrastructure and defence,
despite past tensions over issues such as Armenia, military exports and political asylum. Canada aims
to strengthen economic ties and diversify supply chains with Turkey, while also navigating geopolitical
challenges. Carney will continue his trip to Saudi Arabia to advance trade and investment ties.
Canada pitches stability to Japan as China tensions persist (Bloomberg News) Yesterday,
Bloomberg News reported that Canada is positioning itself as a stable supplier of energy and critical
minerals to Japan, as geopolitical tensions and supply disruptions push Tokyo to diversify its imports.
Japan has been seeking alternatives after Middle East conflict affected energy flows and China
imposed restrictions on exports with both civilian and military applications amid ongoing tensions.
During a recent trip, Canada’s International Trade Minister highlighted economic security, supply
chains and food security as key areas of collaboration, alongside US$1.7B in newly signed agreements.
Canada is promoting its ability to deliver energy to Asia relatively quickly and without major geopolitical
bottlenecks, making it an attractive partner. Discussions also included potential crude oil exports
and expanded LNG production, with Japanese firms already invested in Canadian energy projects.
While no specific critical minerals projects were announced, both countries are exploring cooperation
frameworks such as stockpiling and joint ventures. Overall, Canada aims to strengthen ties by offering
reliability and reducing Japan’s exposure to volatile or politically uncertain suppliers.
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