November 2016

Autumn Trade Mission grows B.C.’s trade and investment relationship with India

November 28, 2016
The recent eight-day trade mission lead by B.C. Finance Minister, The Honourable Michael de Jong, broke new ground in strengthening B.C.’s trade and investment relationship with India. The focus of the mission was to promote B.C. forest products and new trade and investment opportunities created by B.C.’s recent Masala bond issuance.   By 2030, India is expected to be the world’s third-largest economy behind the United States and China. B.C. exports to India have jumped from $201 million in 2011 to $623 million in 2015, making India B.C.’s fifth-largest trading partner. To build on the momentum of t... continue reading
Posted by Willow Easton
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Export Navigator Pilot Launches in B.C. Communities

November 24, 2016
British Columbia companies interested in expanding into international markets can now take advantage of an innovative pilot project being introduced in four communities throughout the province: Port Alberni, Comox Valley, Prince George and Vernon.Export Navigator is a one-year pilot project the Province has developed in partnership with Small Business BC, federally-funded Community Futures offices, and Comox Valley Economic Development. The motivation for the pilot stems from commitments in the BC Jobs Plan and #BCTECH Strategy to streamline export services and help facilitate export opportunities for small businesses. The pilot... continue reading
Posted by Amrinder Sandhar
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CETA sets a positive glow on the B.C. trade horizon

November 24, 2016
On October 30, 2016, Canada and the European Union signed a landmark free trade agreement which promises to give Canadian exporters preferential access to the EU marketplace. The agreement is expected to come into force in 2017. The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) is the most wide-ranging trade agreement ever concluded by the EU. When the CETA comes into force, Canada will be one of the few countries in the world to have preferential access to the world’s two largest economies – the US and the EU – giving B.C. companies a significant advantage over competitors. One of the ... continue reading
Posted by Willow Easton
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Getting set for CETA - B.C. takes a bite out of global agrifood market at SIAL Paris

November 7, 2016
Imagine the entire population of Abbotsford, B.C. sampling over 4,000 grocery items in a cozy 246,000 square metre convention hall, and you may begin to get an idea of what it is like to attend the Salon International De L'alimentation (SIAL) 2016 tradeshow which was held October 16-20, 2016 at Paris-Nord Villepinte. One of the most comprehensive and inspiring food exhibitions in the world, SIAL Paris 2016 welcomed approximately 7,000 exhibitors displaying the latest food trends and innovations from 100 countries to over 160,000 food and drink industry buyers.   The B.C. food and beverage sector is growing steadil... continue reading
Posted by Willow Easton
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British Columbia Increases Presence in Southeast Asia

November 3, 2016
British Columbia has further expanded its trade and investment presence in Southeast Asia by opening an office in Jakarta, Indonesia, and announcing the opening of another in Johor Bahru, Malaysia, in early 2017. Both offices will promote British Columbia’s competitive advantages in the thriving Association of Southeast Asian Nations (ASEAN) region’s economy.B.C’s trade and investment office in Jakarta, which opened in July 2016, offers B.C. companies strategic connections with Indonesian firms and promotes British Columbia as an attractive destination for investment. The Jakarta office, which also manages B.C.&... continue reading
Posted by Amrinder Sandhar
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