Chamber applauds B.C.’s new trade strategy with Mexico, Vietnam and Taiwan - Terrace Standard

Chamber applauds B.C.’s new trade strategy with Mexico, Vietnam and Taiwan

A new provincial strategy targeting three countries as new markets for B.C. goods and services is getting the thumbs up from the BC Chamber of Commerce.

Forestry Innovation Investment, a Crown agency, also opened an office in the Vietnamese province of Binh Duong to promote wood products from B.C. in one of the world’s largest maker of wood furniture. FII also operates offices in mainland China and India.

“By expanding our trade relationships and promoting B.C.’s innovative, sustainable products and services to the world, we are continuing our work to support businesses and people in all regions of our province,” she said. Vietnam, by contrast, plays a far less significant role, ranking 25th as a destination market. Exports to Vietnam did not even crack $100 million in 2021, with imports from that country around $2.4 billion.

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