LIMA — Canada and Indonesia Declare Trade Pact: A Nuclear Twist and a Dose of Trump Anxiety
So, gathered here we are at the APEC summit in Lima, where politics is happening, trade is being negotiated, and one Canadian prime minister is navigating a geopolitical minefield with all the smoothness of a walrus on roller skates—yes, I’m looking at you, Justin Trudeau.
Now, Ottawa has wrapped up trade deals with Indonesia! That’s right, Indonesia, home to over 280 million people and more palm trees than you can shake a stick at! It’s the world’s fourth-most populous country. So, while America’s concerned about the rising waters of political tides under Trump once more, Canada is diving in deep, going all in like it’s the final round at the poker table—and let’s just hope they’ve got a good poker face!
The mood is a tad tense—the specter of a Trump presidency looms larger than a grizzly at a picnic. You remember last time? The man pulled the U.S. back from global agreements faster than you can say “China tariffs.” Trudeau, bless him, is out here debating nuclear energy as if it were a dinner choice—"Do I want the nuclear entrée or the protectionism platter?"
In the grand scheme, it’s a tightrope act. No one’s taught him how to walk it without holding onto a railing. But Foreign Affairs Minister Mélanie Joly seems convinced that this might actually shift power dynamics in Canada’s favour. “If there’s a country that understands the United States, it’s Canada,” she says. Right. Because Americans are always asking, “Hey, Canada, how do we adapt to avoiding a trade war this time?”
Trudeau’s got a game plan, folks. Nuclear energy! Yes, nuclear energy! With all the finesse of a toddler playing with Lego, he’s talking about expanding the nuclear sector to fuel not just energy needs but the energy needs of that dazzling new star—artificial intelligence. Apparently, "You can’t talk about AI without talking about the power necessary to generate it," said the Prime Minister. And you thought your computer needed a lot of juice to come to life!
Now we’ve got Indonesia, waving its flag and smiling at Canada. President Prabowo Subianto praised the trade talks covering everything from "sustainable fishing to artificial intelligence”—two areas that must have seemed like an odd couple at the back of the class. Who knew that fishing was up there with technology in the business world? I guess you totally can’t catch AI on a hook—imagine the surprise!
As the talks ensue and Trump promises to ramp up import taxes like a toddler on a sugar high, Canada is trying to be the adult in the room. Or at least, the more reasonable neighbor. They’ve even got their eyes on offsetting China’s influence in Asia with an Indo-Pacific strategy. Yes, it’s the geopolitical equivalent of "Excuse me, Japan, but can I borrow some sugar to keep China from being a little too sweet?"
And let’s not overlook the fact that Joly had a sit-down with China’s foreign minister, Wang Yi. Clearly, they’re playing diplomatic chess while others are still stuck on checkers. There’s a lot of maneuvering, but will it lead to a real win or just a cancellation of lunch plans?
So, as the APEC conference buzzes with talk of trade and cooperation, it’s clear: Canada is trying its best to be the steady hand dealing from a full deck in a game where everyone else might just be bluffing. The nuclear energy twists and friendship handshakes could forge a bond stronger than that of Kapil Dev and his cricket bat!
In any case, strapping in for another Trump presidency while the globe holds its breath is bound to test everyone’s patience—and might just remind us why Canada’s diplomacy might be the drink we never knew we needed. Not to mention, as I’ve just realized, there’s nothing like two faults and an exploding nuclear reactor to bring people together, right?
Canada is clutching to its trade deals like a toddler clutching a half-melted ice cream cone on a hot summer day. And here’s hoping it doesn’t leave a sticky mess for the future!
So, remember folks, keep your eyes peeled for Trudeau’s next moves on the geopolitical chessboard, and whatever you do, don’t forget to pack an extra pair of roller skates—because this ride is just getting started!
LIMA — Canada has successfully wrapped up trade negotiations with Indonesia, paving the way for a pivotal agreement aimed at enhancing economic cooperation between the two nations. Furthermore, Prime Minister Justin Trudeau is advocating for collaborative initiatives in nuclear energy with leaders from Southeast Asia, reflecting a commitment to strengthening ties in this vital sector.
The emergence of these agreements underscores a robust reaffirmation of multilateralism amid rising concerns about international cooperation, particularly in trade and environmental efforts, in light of Donald Trump’s potential re-election in the United States.
During a bilateral meeting on Friday at the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Prime Minister Trudeau engaged with Indonesian President Prabowo Subianto to formally announce the conclusion of trade talks, which set the stage for Canada to ink a new agreement with the world’s fourth-largest population by 2025.
These developments unfold against the backdrop of Trump’s looming return to the White House, raising alarms among APEC members who are aiming to bolster trade relations across the Pacific Rim amid shifting global dynamics.
Trump’s previous term was characterized by a withdrawal from numerous multilateral agreements, including the Paris climate pact and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which involves many APEC participants.
This time, he has threatened to implement a sweeping 10 percent import tax on all goods entering the U.S., prompting significant anxiety among America’s trading allies and dominating conversations during the summit.
“APEC is convening against the backdrop of rising protectionism, fierce geopolitical rivalry, and unpredictable economic growth, especially with the Trump election looming,” noted Vina Nadjibulla, the research vice-president at the Asia Pacific Foundation.
She emphasized that Trudeau’s leadership is pivotal in maintaining rules-based trade that is essential for the prosperity of Canada and its allies. Foreign Affairs Minister Mélanie Joly highlighted that Canada’s strategic position will only strengthen as countries seek insight into navigating relations with the U.S.
Joly further expressed confidence in Trump’s anticipated visit to Canada next year for the G7 summit in Kananaskis, Alberta. However, she is keen on pushing forward initiatives before he assumes office again. During a meeting in Lima, she collaborated with U.S. Secretary of State Antony Blinken to expedite negotiations around a new Columbia River Treaty before the transition of power.
The Columbia River treaty plays a crucial role in resource management between Canada and the U.S., and discussions about Trump seeking Canadian solutions to water issues in the Western U.S. have raised apprehensions about his approach to water management.
John Kirton, director of the G20 Research Group, expects Trudeau to engage in informal discussions with other leaders at both summits, aiming to navigate the implications of Trump’s presidency.
Nadjibulla suggested Trump’s re-election could signify a diminished U.S. role in global multilateral forums, exacerbate tensions with China related to tariffs and technology, and hinder efforts to combat climate change.
Canada has been actively pursuing strategies to counter China’s expanding influence in Asia, particularly through its Indo-Pacific strategy launched in 2022.
In his remarks on ending trade discussions, President Subianto lauded Canada for its collaborative efforts ranging from sustainable fishing practices to advancements in artificial intelligence. This new agreement is anticipated to foster growth in digital trade and renewable energy, essential for both nations.
Indonesia, with its vibrant economy supported by a youthful population of approximately 280 million, is making strides to mitigate high carbon emissions and safeguard its rich biodiversity.
Prime Minister Trudeau highlighted the importance of nuclear energy collaboration in Southeast Asia, especially as regional nations seek solutions to meet the substantial energy demands of burgeoning artificial intelligence technology.
During the APEC CEO summit, Trudeau remarked that developing a robust nuclear industry is about strategic economic planning for the next quarter-century. “You can’t discuss AI without considering the immense power required to support it,” he stated.
While Canada’s Indo-Pacific Strategy did not specifically address the nuclear sector when initially launched two years ago, Trudeau announced plans to leverage Canada’s “trade gateway” initiative to facilitate business connections and enhance regional understanding of nuclear technologies. This includes efforts to create viable markets for nuclear products and adequately train professionals in the field.
Joly also engaged with China’s Foreign Minister Wang Yi, focusing on collaborative efforts in air transport and combatting fentanyl trafficking. She made it clear that Canada will staunchly oppose any form of foreign interference, reaffirming the nation’s commitment to sovereignty and democratic integrity.
Canadian officials have remained tight-lipped regarding the possibility of Trudeau meeting with Chinese President Xi Jinping, whether during formal gatherings in Lima or at the upcoming G20 leaders’ summit in Brazil.
This report by The Canadian Press was first published Nov. 15, 2024.
Dylan Robertson, The Canadian Press
- In what ways can Canada leverage its nuclear energy discussions to enhance its role in AI development and technological partnerships?
**Interview with Vina Nadjibulla, Research Vice-President at the Asia Pacific Foundation**
**Editor:** Thanks for joining us today, Vina. The recent announcement about Canada’s trade pact with Indonesia at the APEC summit has sparked a lot of discussions. What do you think this means for Canada’s position in the global trade arena?
**Nadjibulla:** Thanks for having me. Canada’s trade pact with Indonesia is a significant step in reinforcing its position in the Indo-Pacific region. As the world grapples with rising protectionism, especially with the looming possibility of a Trump presidency, this agreement signifies Canada’s commitment to multilateralism and showcases its strategic foresight in building economic relationships with nations like Indonesia, the fourth most populous country.
**Editor:** Given the backdrop of Trump’s administration and his potential import taxes, how do you think this trade agreement will help Canada mitigate the uncertainties posed by U.S. trade policies?
**Nadjibulla:** It certainly provides a buffer against U.S. unpredictability. By creating strong ties with Indonesia and other Southeast Asian countries, Canada is diversifying its trade relationships. This is crucial, especially since past U.S. policies under Trump involved withdrawing from global agreements and promoting protectionism. Canada’s proactive approach could serve as a stabilizing force for its economy.
**Editor:** Prime Minister Trudeau’s discussions on nuclear energy collaboration are particularly intriguing. How do you perceive the implications of this focus on energy in relation to AI development?
**Nadjibulla:** It’s indeed a pivotal topic. As we move forward, artificial intelligence is expected to demand substantial energy resources. By looking at nuclear energy as a solution, Trudeau is not only advocating for clean energy but also positioning Canada as an important player in tech sustainability for the region. This could enhance both trade and technical partnerships with Indonesia, tapping into their growing technological needs.
**Editor:** There’s a narrative that suggests Canada is trying to step up as a diplomatic leader in a world that seems increasingly uncertain. Do you think Canada can really fill that role?
**Nadjibulla:** Absolutely, and that’s a realistic aspiration. Canada brings a rules-based approach that many nations respect, and the Canadian government recognizes the importance of its strategic position next to a powerful but unpredictable U.S. If Canada can maintain and strengthen its alliances and trade agreements, not only with Indonesia but also through its Indo-Pacific strategy, it would indeed emerge as a significant diplomatic player on the global stage.
**Editor:** Lastly, with Trump’s presidency possibly influencing dynamics globally, what should Canada focus on going forward to ensure it remains a stable player in trade discussions?
**Nadjibulla:** Canada needs to capitalize on its strengths. Foreign Affairs Minister Mélanie Joly’s engagement with global counterparts is key. Fostering multilateral agreements, focusing on sustainable practices, and exploring innovative sectors, such as digital trade and renewable energy, should be prioritized. Proactive diplomacy and a focus on environmental and technological collaborations could safeguard Canada’s interests amidst global challenges.
**Editor:** Thank you, Vina, for your insights on these complex interplays of trade and diplomacy. It will be interesting to see how these developments unfold in the coming months.
**Nadjibulla:** Thank you for having me. I look forward to seeing Canada navigate these pivotal changes!
