Being the largest trade partner of Canada in ASEAN, with two-way trade topping 7 billion USD in 2022, Vietnam will play an important role as a gateway for Canadian firms to enter the region bloc that has one of the highest growth rates in the world and is expected to be the world’s consumption centre by 2030 given its market size, according to Canadian business insiders.
Reaching further out into the Pacific demonstrates New Delhi’s strategic intent on being a balancing actor, but also an important power in its own right.
Estonia could leave China's European 16+1 cooperation format and promote relations with Taiwan, said analyst Frank Jüris, a researcher at the Estonian Institute of Foreign Relations.
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