Winnipeg, Monday, June 21, 2021 – Cereals Canada applauds the launch of formal trade negotiations with Indonesia, announced yesterday by Minister Ng, Minister of Small Business, Export Promotion and International Trade.
“Indonesia is one of the top destinations for Canadian cereal crops and a gateway into the rapidly growing Asia-Pacific region” said Dean Dias, CEO of Cereals Canada.
“Our industry has strong and long-standing connections with Indonesian millers and importers. We look forward to deepening our existing ties through the advancement of these trade talks, and our members view deeper ties with Indonesia as a significant opportunity to promote a stronger rules-based trade environment in agriculture, supported by greater transparency and predictability,” stated Dias.
“Indonesia is a major market and source of growth, especially for Canadian wheat exports. Consumers there buy 11% of Canada’s wheat exports to the world, bringing over 600 million dollars in value on average to Canadian farmers and exporters each year” he added.
“We expect these negotiations to strengthen the stability of market access over the long-term. For Canadian farmers and exporters, promoting science-based policies that elevates the trade and business environment is a real priority,” he stated.
“Positive outcomes achieved through these negotiations can set the stage for trade diversification efforts across the region including further engagement with other ASEAN countries. Alongside these negotiations we must continue to cultivate growth across the entire ASEAN region,” emphasized Dias.
“Advancing these negotiations demonstrates Canada’s commitment to opening new markets and pursuing ambitious outcomes in priority markets for Canadian Cereal farmers and exporters. We look forward to engaging with the Government of Canada as these negotiations move ahead,” concluded Dias.
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Director of Market Analysis and Trade Policy
About Cereals Canada:
Cereals Canada is a national, not-for-profit organization that brings a broad and diverse collaboration of
partners from all sectors of the cereals value chain. It also provides world renowned pre-market and in-market technical support for the Canadian grain sector through its technical division Cigi.