Prime Minister Justin Trudeau used the spectre of gnarled global supply chains in a bid Sunday to a bloc of Southeast Asian nations to win them over on a free trade deal.
used the spectre of gnarled global supply chains in a bid Sunday to a bloc of Southeast Asian nations to win them over on a free trade deal.has long sought a trade deal with the 10-nation bloc, which includes the Philippines, Indonesia, Brunei, Singapore, Malaysia, Thailand, Vietnam, Laos, Cambodia and Burma.
He also said a pact would give investors more confidence to invest in international markets, and protect supply chains from the uncertainties brought by COVID-19. All this affects inventories of in-demand consumer products or the delivery of parts needed to build things like cars, and pushes up transportation costs that get passed on to consumers, which is reflected in higher inflation rates.economies and diversifying trade across the Asia-Pacific will play a crucial role in our recovery,”relationship is a clear win-win for all of our businesses and all of our people.
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