Canada joins the Americas Partnership for Economic Prosperity

January 27, 2023 – Ottawa, Ontario – Global Affairs Canada

The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, today joined Antony Blinken, U.S. Secretary of State, and Katherine Tai, U.S. Trade Representative, in announcing the launch of the Americas Partnership for Economic Prosperity (APEP).

Led by the United States, APEP is a new framework for cooperation across the Americas aiming to deliver economic growth in the region, generate good middle-class jobs and reduce economic inequality.

In a joint declaration, the 12 APEP member countries committed to working together to advance mutual interests and enhance regional prosperity. Canada is keen to deliver on its bold ideas to advance and deepen the shared visions of development, democracy and prosperity.

This ambitious partnership will help integrate member country economies in a way that encourages human rights, economic development and transparent governance and eradicates forced labour.

With its focus on inclusive trade, multilateral investment and anti-corruption measures, APEP seeks to strengthen the diversity, sustainability, and resilience of the region’s supply chains by expanding its trade ties, especially those related to the flow of critical minerals, food, clean energy, and vaccines.