Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, joined Antony Blinken, U.S. Secretary of State, and Katherine Tai, U.S. Trade Representative, announced on Jan 27 the launch of the Americas Partnership for Economic Prosperity (APEP), in a news release.
APEP is a new framework for cooperation across the Americas led by the United States, and aims to deliver economic growth in the region, generate good middle-class jobs and reduce economic inequality.
The 12 APEP member countries in a joint declaration committed to working together to advance mutual interests and enhance regional prosperity.
Aiming to advance and deepen the shared visions of development, democracy and prosperity, Canada is eagerto deliver on its bold ideas.
This ambitious partnership will help integrate member country economies to encourage human rights, economic development and transparent governance and removes forced labour.
By expanding its trade ties, especially those related to the flow of critical minerals, food, clean energy, and vaccines, APEP seeks to strengthen the diversity, sustainability, and resilience of the region’s supply chains with its focus on inclusive trade, multilateral investment and anti-corruption measures.
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