Japanese prime minister\u0027s visit to Canada will take place next week, as Tokyo looks to Canada to provide much\u002Dneeded liquefied natural gas.
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To that end, Kishida has created the position of a minister of state for economic security, and is trying to bring nuclear reactors back online after dozens were halted following the 2011 Fukushima disaster. Japan and South Korea have invested in Canada’s first LNG export terminal in Kitimat, B.C., which is set to come online in 2025.
Kennedy said it’s an obvious decision, given the pair are democratic countries who share the same values. But he said it requires a sense of urgency.“A lot of it is a mindset, and just understanding that these are our neighbours.” The CPTPP trade deal, which spans most of the Pacific Rim, has helped boost Canadian exports to Japan, particularly pork and canola products.
Kishida might also publicly endorse Canada’s desire to join the Indo-Pacific Economic Framework for Prosperity, a forum for co-ordinating supply chains and tax policy. Ottawa claims that all members of that group want Canada to join.
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