Canada's trade strategy in Asia faces hurdles after tensions with India
Summary: Canada's trade strategy in Asia is facing challenges due to deteriorating relations with India. Tensions escalated after Prime Minister Justin Trudeau accused Indian agents of involvement in a Canadian citizen's death, leading to diplomatic expulsions.
Previously, India was a key partner in Canada's Indo-Pacific Strategy, aimed at diversifying trade. However, trade between Canada and India remains relatively small compared to Canada’s trade with China and Japan, despite some growth in exports.
While the political situation is tense, Canadian exports to India have increased slightly amid the crisis. Business leaders express concern about potential disruptions, but some companies continue operations, while others adopt a cautious approach.
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