Why a ASEAN-Canada Free-Trade Agreement is a winning strategy

Photo: Export Development Canada

Export Development Canada, February 11, 2019 – ASEAN represents a dynamic region with many emerging economies, making it an ideal trading partner for Canada. If Canada signed a deal with ASEAN, it would have access to a market of more than 642 million consumers with a combined economy of $2.8 trillion. With an average annual GDP growth of 5.4% in recent years, ASEAN is now the fifth largest economy in the world and on track to become the fourth largest by 2030, after the U.S., China and the European Union.

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