Minister Ng strengthens trade relations with Malaysia during first Team Canada Trade Mission to Southeast Asia

News release

March 27, 2024 - Kuala Lumpur, Malaysia - Global Affairs Canada

The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, has concluded her visit to Malaysia, the first stop of the Team Canada Trade Mission to Malaysia and Vietnam. One of the key initiatives under Canada’s Indo-Pacific Strategy, the mission opened doors to key markets for a diverse group of Canadian exporters and trailblazers.

With its resilient economy, talent pool and infrastructure, Malaysia offers many opportunities for Canadian companies and investors to grow. During her visit, Minister Ng joined representatives of Canada’s Trade Commissioner Service and more than 200 representatives from 135 Canadian businesses to discover new opportunities in a range of sectors. These included clean technologies, agriculture and processed foods, information and communication technologies and aerospace and defence.

Minister Ng attended the opening of BlackBerry’s Cybersecurity Center of Excellence in Malaysia with Malaysia’s Prime Minister Anwar Ibrahim. The centre trains future cyber-defenders, will help address cybersecurity and is an excellent example of Canada’s engagement on cyber resilience and efforts to reduce security threats across the Indo-Pacific region, as outlined in Canada’s Indo-Pacific Strategy.   Malaysia is actively looking for cybersecurity solutions, which opens doors for Canadian companies.  

During the trade mission, Minister Ng led and participated in business events, including with a group of women entrepreneurs. They connected over conversations about shared challenges that businesswomen face in Malaysia and Canada. The Minister discussed Canada’s support for advancing women’s economic empowerment and gender equality through Canada’s feminist foreign policy. The minister and the group also highlighted the importance of women in business, celebrated local role models and explored how to empower and inspire the next generation of women leaders in Malaysia.

Minister Ng also met with her counterparts to discuss the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is helping Canadian companies grow in Malaysia and promoting collaboration in the technology sector. She also talked about Canada’s commitment to strengthening commercial relations with Malaysia by building on the momentum of the trade mission, including through ongoing negotiations toward a Canada-ASEAN free trade agreement.

Quotes

“It was a pleasure to visit Malaysia on the first Team Canada Trade Mission to Southeast Asia. We will continue to help Canadian companies access new customers and open doors for success in the Indo-Pacific region—a key part of Canada’s Indo-Pacific Strategy.”

- Mary Ng, Minister of Export Promotion, International Trade and Economic Development

Quick facts

  • The Indo-Pacific is Canada’s second-largest regional export market, after the United States, with yearly 2-way merchandise trade valued at $257 billion in 2023.

  • Launched in November 2022, Canada’s Indo-Pacific Strategy is creating opportunities to expand trade and investment, grow good jobs and build supply chain resilience.

  • Malaysia is Canada’s fourth-largest 2-way merchandise trading partner in the Association of Southeast Asian Nations (ASEAN) region.

  • Since the entry into force of the CPTPP in Malaysia on November 29, 2022, 2-way commercial exchanges between Malaysia and Canada have been bolstered.

  • Malaysia is a significant economic partner, and it plays an important role in advancing Canada’s trade diversification efforts in the region.   

Associated links

Contacts

Huzaif Qaisar
Press Secretary
Office of the Minister of Export Promotion, International Trade and Economic Development
343-575-8816
Huzaif.Qaisar@international.gc.ca

Media Relations Office
Global Affairs Canada
media@international.gc.ca
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