Canada’s PM Trudeau to visit Singapore next week to strengthen bilateral relations
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Canadian Prime Minister Justin Trudeau’s working visit to Singapore will come after he participates in the Asean Summit in Jakarta.
PHOTO: REUTERS
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SINGAPORE - Canada’s Prime Minister Justin Trudeau will make a working visit to Singapore on Sept 7 and 8, Prime Minister Lee Hsien Loong’s office announced on Wednesday.
Mr Trudeau will call on PM Lee on Sept 8.
A statement from Mr Trudeau’s office described Singapore as “an important partner under Canada’s Indo-Pacific strategy”.
While in Singapore, Mr Trudeau will “strengthen bilateral relations, particularly by promoting Canadian exports and positioning Canada as a destination of choice for investment opportunities”.
The Canadian Prime Minister’s Office said Singapore was Canada’s largest destination in South-east Asia for Canadian direct investment abroad, estimated at US$28 billion (S$38 billion) in 2022.
Singapore was also Canada’s largest source of foreign direct investment, at US$1.9 billion, it said.
Bilateral merchandise trade between Canada and Singapore rose 28 per cent in 2022 to US$2.9 billion from a year earlier.
Canada’s merchandise exports were US$1.5 billion, and Canadian merchandise imports from Singapore totalled US$1.3 billion.
Mr Trudeau’s working visit to Singapore will come after he participates in the Asean Summit in Jakarta from Sept 5 to 6.
From Singapore, he will fly to New Delhi for the Group of 20 summit from Sept 9 to 10.
