Tag: Trade Winds
Paraguay: For investment and renewable energy
Paraguay’s economy is an open one that has, over the past decade, grown at a rate of nearly five per cent, a GDP growth that has beaten the regional average since 2013. This growth has been mainly due to the country’s heavy reliance on natural resources, including energy, which comes from the hydroelectric bi-national entities […]
Moldova: An emerging market in Europe
Moldova is a country in southeast Europe that borders the European Union with which it has increasing co-operation thanks, in part, to its proximity. Signed in 2014, an association agreement established a new legal framework for ensuring Moldova’s political association and economic integration with the EU, based on common values and close links. A full […]
Spain: An open economy and trading partner
In recent years, Spain’s economy has improved its competitiveness by increasing productivity and creating a better business environment. Projected GDP growth for 2017 is 3.1 per cent. Currently, Spain’s is the fifth-largest economy in Europe and 13th globally, with a nominal GDP of $1.2 trillion US. To put things in perspective, Canada ranks 10th globally […]
Hungary: A transportation hub in Europe
Located in Central Europe, Hungary is one of the fastest-growing economies in the European Union. In 2017, the country’s GDP grew by four per cent. Due to its strategic location between Western and Eastern Europe, Hungary acts as a gateway for trade and investment for countries inside and outside of the EU. It has one […]
Dominican Republic: Ripe for trade and investment
As ambassador, my priority is to continue to increase the visibility of our country as a tourist destination and strong business partner. In this regard, we recently organized a tourism, economic and cultural event in Ottawa, with strong support from the Canadian and Dominican business communities. My country has a balanced and diversified economy grounded […]
Formalize Taiwan ties to boost Canadian exports
Taiwan and Canada have always enjoyed close, mutually beneficial economic and trade relations. In 2016, Taiwan’s total value of imports from Canada reached $1.2 billion US, while Canada imported $3.8 billion US from Taiwan in the same year. Taiwan’s top exports to Canada were mostly in the technology field and included such products as integrated […]
Kuwait is an investment hub for Canada
Kuwait is one of the richest countries in the world and a leading economic centre in the region. Despite its small size, the country has a number of natural resources that have enabled it to grow its economic strength. The economy depends on oil, with fixed oils reserves of about 102 billion barrels, or about […]
Jordan is primed and positioned for investment
Since King Abdullah’s 1999 ascension to the throne, Jordan has taken steps to encourage foreign investment and develop an outward-oriented market-based globally competitive economy. In particular, banking, ICT, pharmaceuticals, tourism and services sectors have all seen key reforms in recent years. Foreign and domestic investment laws grant specific incentives to industry, agriculture, tourism, hospitals, transportation, […]
China: Marching forward with trade
Just three months ago, on July 16, when then-Gov. Gen. David Johnston visited JD.com, one of China’s largest online retailers, in Beijing, 140,000 Canadian lobsters were sold online in one day, which broke the record of 97,000 by Alibaba. Now Canada has launched a second Canada pavilion on the JD.com online shopping site to help […]
Thailand: A prime destination for trade
Thailand is a country rich in opportunities for Canadian businesses. By virtue of our strategic geographical location at the heart of Southeast Asia, our skilled workforce, extensive infrastructure and business-friendly environment, Thailand has become a prime destination for trade and investment as well as one of the top tourist destinations of the world. Thailand is […]
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