The new entity announces a strategic commercial program to propel Canadian SMEs into one of the economic regions in the world recording the highest real GDP growth, projected in 2024 at 4.7%
MONTREAL, Oct. 17, 2024 /CNW/ – CABC inaugurates the Canada-ASEAN Chamber of Commerce (CCCA), dedicated to facilitating business opportunities for Canadian businesses, with a particular focus on SMEs. CCCA’s mission is to deepen connections between Canadian and ASEAN businesses by combining market and business intelligence with networking events and business-to-business trade missions.
Thi Be Nguyen, Jan De Silva, Ghislain Robichaud, Louis Vachon, Scott Moore, Jean Charest, Mary-Catherine Speirs, Frank Des Rosiers, Wayne Farmer, Ambassador Pham Vinh Quang (Vietnam), Silky Mahdewi (Indonesia), Paul Thoppil (Group CNW/Canada-ASEAN Business Council)
“This is a very promising new chapter in Canada-ASEAN relations, particularly for Canadian SMEs looking to expand or diversify their strategies in the region,” said Wayne Farmer, President of the CABC. “Our 2024 Business Outlook survey shows that Canadian business confidence in the region is stronger than ever, with 4 in 5 companies surveyed expressing intent to increase trade and investment in South Asia. Southeast. The CCCA will open more doors, focusing on priority sectors for the region where Canada can provide cutting-edge expertise, particularly in areas such as investments, food security and energy transition. »
The CACC Business Program will be offered to CABC members and SMEs interested in exploring or expanding their businesses in ASEAN. The Chamber will host networking events, seminars and workshops in Canada and ASEAN, as well as webinars. It will also provide market access tools such as exclusive entry guides and organize sector-specific business-to-business missions to the region for Canadian SMEs.
One of the main goals of the CCCA is to establish a unified and cohesive framework for collaboration between bilateral chambers, Canadian-based groups, regional trade bodies and Southeast Asian diaspora trade organizations. in Canada. This enhanced connectivity at the heart of the business ecosystem will ensure coordinated and efficient efforts that maximize impact.
“Canada’s Indo-Pacific Strategy calls on all of society to deepen our engagement in this part of the world, including with Southeast Asia, the fastest growing economic region in the world said Paul Thoppil, Canadian Trade Representative for the Indo-Pacific, Global Affairs Canada. “The strengthened work of Canadian trade associations will be essential to helping SMEs succeed in the region, thereby boosting international trade and economic growth. »
The announcement of the inauguration of the CCCA was made on October 16, during the first large-scale Canada-ASEAN business conference organized by the CABC in Montreal. The event brought together government officials, ASEAN diplomats and business leaders to showcase the region’s business potential. At the event, Wayne Farmer received the King Charles III Coronation Medal, in recognition of his outstanding contribution to bilateral collaboration between Canada and ASEAN, and the economic growth it has generated.
About the Canada-ASEAN Business Council (CABC)
Established in 2012, CABC is a non-profit organization that represents the voice of Canadian businesses in the Canada-ASEAN Economic Corridor. Headquartered in Singapore with a Canadian office in Montreal, CABC is the first and only ASEAN-accredited Canadian entity dedicated to strengthening economic ties between Canada and ASEAN. The CABC is also one of only three foreign business councils in ASEAN with such accreditation.
As the voice of the Canadian private sector in ASEAN, the CABC represents the interests of nearly 90 leading companies and organizations, demonstrating the diverse strengths of Canadian businesses and the range of business opportunities present in the region. The CABC promotes stronger trade and investment ties between Canada and ASEAN through policy advocacy and promotion, networking events and research initiatives.
CABC website: www.canasean.com
CCCA website: https://www.canasean.com/cacc
Page LinkedIn: Canada-ASEAN Business Council
X: @CAN_ASEAN
SOURCE Canada-ASEAN Business Council
For more information, contact the CABC team: Thi Be Nguyen, General Director in Canada, (Montreal Office), M. 438 526-8407, C. [email protected]; Nicky Lung, Managing Director, (Head Office, Singapore), M. +65 9235 6050, C. [email protected]
