Canada, Taiwan complete talks on bilateral investment deal

Canada and Taiwan have concluded talks on a bilateral deal to enhance foreign investment. The deal aims to boost Taiwan's diplomatic and moral support from major Western democracies, such as Canada, as it faces mounting pressure from China. The agreement, called the Foreign Investment Promotion and Protection Arrangement, is part of Canada's strategy to expand trade and influence in the Indo-Pacific region. Trade between Canada and Taiwan reached C$10.2 billion in 2021.

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