OTTAWA, 28 November 2022, (TON): Canada launched its long-awaited Indo-Pacific strategy, vowing more resources to deal with a disruptive China while working with the world’s second-biggest economy on climate change and trade issues.
The 26-page document outlined C$2.6 billion spending, including boosting Canada’s military presence and cyber security in the region and tightening foreign investment rules to protect intellectual property and prevent Chinese state-owned enterprises from snapping up critical mineral supplies.
The blueprint is to deepen ties with a fast-growing region of 40 countries accounting for almost C$50 trillion in economic activity.
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