Canada, Indonesia sign ‘gamechanger’ trade deal, new defence pact

The global trade map is being redrawn and Canada has planted its flag deep into Southeast Asia.

The new bilateral trade deal with Indonesia is a first of its kind and one Prime Minister Carney has called a “gamechanger.”

Once fully implemented, this new deal will heavily reduce and in some cases completely remove tariffs on certain goods when trading with Indonesia.

It is also nearly a billion dollars in debt financing for the Asian nation, while building on a new defence agreement.