Did you know B.C. – Singapore trade was given a major boost in 2018 when
Singapore ratified the Comprehensive and Progressive Agreement for Trans-Pacific
Partnership (CPTPP)? The CPTPP is a trading block representing 495 million
people with a combined gross domestic product of CAD $13.5 trillion — a full 13.5%
of global GDP. Malaysia is also a member of the CPTPP but has not yet ratified the
agreement, so B.C. businesses and investors can learn of the future benefits and
prepare their market entry.
Singapore is Canada’s largest source and destination of foreign direct investment
(FDI) among South-East Asian countries and one of the busiest container ports of
the region. Malaysia’s GDP is projected to grow by 5% in 2022 and it has a growing
middle class that offers an increasingly attractive market for B.C. exporters.
Through the CPTPP, Canada and B.C. now have preferential access to some of the
world’s most dynamic and fast-growing markets, which will strengthen B.C.
businesses, grow the economy, and create good jobs in all regions of B.C.
If you are interested in the Singapore or Malaysian markets or want to learn more
about how the CPTPP can reduce your costs and make you more competitive, then
this webinar is for you!
Register by 4:30 p.m. (Pacific Time) on December 9, 2021
Date: December 9, 2021
Time: 5:00 p.m. – 6:30 p.m. (Pacific Time)
Trade and Invest BC helps facilitate foreign direct investment and has Trade and Investment Representatives in markets around the world. Contact the representative nearest you for support in investing in British Columbia.