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Prime Minister Justin Trudeau meets with President and CEO of Mitsubishi Heavy Industries Limited Seiji Izumisawa
November 14, 2022
Bali, Indonesia
Today, Prime Minister Justin Trudeau met with the President and CEO of Mitsubishi Heavy Industries Limited (MHI), Seiji Izumisawa. They met on the margins of the B20 Summit, the gathering of senior business leaders that is held in conjunction with the G20 Summit.
Prime Minister Trudeau welcomed MHI’s strong presence in Canada and its interest in making further investments in Canada’s economy, particularly in infrastructure and sustainable energy. They discussed MHI’s ongoing work in innovative sectors such as aerospace, sustainable aviation fuel, and carbon capture and storage.
Prime Minister Trudeau highlighted the important role of the private sector in advancing the transition to a low carbon economy. He noted that investments to green the economy will help combat climate change while creating new middle class jobs across all sectors and building a better future for everyone.
Associated Links
November 14, 2022
Phnom Penh, Cambodia
Yesterday, Prime Minister Justin Trudeau met with the President of the Philippines, Ferdinand Marcos Jr., on the margins of the Association of Southeast Asian Nations (ASEAN) Summit.
Prime Minister Trudeau congratulated President Marcos for his election earlier this year. The leaders welcomed the positive growth in the Canada-Philippines bilateral relationship, noting the potential to further deepen cooperation on shared priorities.
The Prime Minister and the President discussed their work to protect the environment while creating economic growth. Prime Minister Trudeau recognized President Marcos for promoting renewable and low carbon solutions to fight climate change and reaffirmed Canada’s strong interest in partnering with the Philippines, and other developing countries, in advancing climate action.
The two leaders discussed the vibrant people-to-people ties that bind Canada and the Philippines, with nearly one million Canadians of Filipino descent residing in Canada as well as a growing number of foreign students choosing to study in Canada. They talked about the countless ways in which Filipino-Canadians make Canada’s economy and society stronger, and President Marcos thanked the Prime Minister for embracing the contributions of Filipino-Canadians.
They agreed that a Canada-ASEAN free trade agreement would help advance these objectives by promoting sustainable growth and creating good middle class jobs on both sides of the Pacific. They also discussed infrastructure, climate action, women’s empowerment, and pay equity.
The Prime Minister raised the importance of standing up for human rights and press freedoms.
The Prime Minister and the President looked forward to further discussions at the APEC Economic Leaders’ Meeting in Bangkok, Thailand.
Associated Links
November 15, 2022
Bali, Indonesia
Joint Statement by the Government of the Republic of Indonesia (GOI) and the Governments of Japan, the United States of America, Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic, Norway, the Republic of Italy, and the United Kingdom of Great Britain and Northern Ireland (together the “International Partners Group” or IPG)
- Recognizing the need for accelerated action toward Agenda 2030, including Sustainable Development Goal 7, and the goals of the Paris Agreement, as well as implementation of the Glasgow Climate Pact, to avoid the worst impacts of climate change on our countries, our people, and the environment;
- Recognizing that limiting the impacts of climate change by keeping a warming limit of 1.5°C above pre-industrial levels within reach depends on the international community collectively halving global CO2 emissions by 2030 relative to the 2019 level and achieving global net zero CO2 emissions by mid-century;
- Underlining the urgency of decarbonizing energy systems by expediting a reduction in power sector emissions, increasing energy efficiency, and hastening renewable energy deployment, while strengthening efforts to reach universal, affordable, and reliable access to energy;
- Recognizing the need to take actions to enable transition finance to support orderly, just and affordable transitions towards a low-greenhouse gas emissions and climate-resilient economy in line with the practical and voluntary recommendations of the transition finance framework in the 2022 G20 Sustainable Finance Report;
- Recognizing the need to encourage the mobilization of private finance to support the transition to a net-zero emission world, to prevent the possibility of stranded assets;
- Recognizing the importance of Environmental, Social, and Governance standards as a consideration for developing transition financial frameworks and the existing gap between current standards and energy transition needs;
- Recognizing the importance of a just energy transition that brings about opportunities for industrial innovation to create quality green jobs, and considers all communities and societal groups affected directly or indirectly by an expedited reduction of power sector emissions – through early retirement of coal-fired power plants – including women, youth, and others vulnerable to the transition; and that there are several important sectors of Indonesia’s economy that are impacted by such a transition;
- Noting that the Just Energy Transition Partnership (JETP) can alleviate poverty and unemployment and also should see to provide robust protection for the population, especially the poorest and the most vulnerable to potential disruptions from energy transitions;
- Further underlining that a just process of transition is based on the full involvement of relevant actors including organized labour and business to implement human capital development programs through reskilling and upskilling, creating employment and providing other forms of collaboration so that workers are major beneficiaries of the transition to a greener future;
- Recognizing and acknowledging Indonesia’s important contribution to the global efforts in climate change mitigation, including the progress the Government of the Republic of Indonesia, as well as State Owned Enterprises, are already making towards a net zero future by preparing a Long-Term Strategy for Low Carbon and Climate Resilience to 2050; committing to economy-wide net-zero emissions by 2060 or sooner; enacting the Presidential Decree on Renewable Energy; working to reduce the pipeline of on-grid coal fired pipeline; and working to develop and implement necessary policies, laws, and regulations in both the energy and financial sectors to enable renewable energy deployment as well as to phase down subsidies for domestic coal supply and energy tariffs;
- Acknowledging the establishment of a country platform to manage some funds as necessary related to energy transition under PT Sarana Multi Infrastructure (PT SMI), a Special Mission Vehicle (SMV) of the Ministry of Finance;
- Recognizing Indonesia’s intention to be an early leader of the just energy transition, its endeavour to receive the benefits of renewables while minimizing economic and social costs of the green transition, and the importance of global collaboration;
- Recognizing the need for long-term cooperation and partnership, given the decades-long timeframe needed to enact a sustainable and just energy transition, and noting the ability to extend the partnership beyond the initial three-to-five-year period;
- Recognizing the importance of continuing to scale up collaboration, including finance from a wide variety of sources, technical assistance, and human capital development for Indonesia’s efforts;
- Acknowledging that the JETP aims to provide an opportunity for Indonesian companies to improve their capacities and become part of the manufacturing value chain for clean energy solutions, including renewables and energy efficiency;
- Recognizing the need for enhanced financing to pursue the above objectives, which potentially comes from IPG, additional sources of sustainable financing and the inclusion of international partners to leverage existing international initiatives, e.g., the G7 Partnership for Global Infrastructure and Investment;
- Supporting the Climate Investment Fund’s Accelerating Coal Transition Investment Program and the Asian Development Bank’s Energy Transition Mechanism; and
- Recognizing Indonesia’s commitment as the G20 Presidency in 2022 to reiterate global support for the energy transition in three priority areas namely energy access, technology, and finance, to achieve better economic growth that is inclusive, sustainable, and equitable.
Intends to:
- Establish a JETP as a long-term partnership to help Indonesia pursue an accelerated and ambitious just energy transition that supports a trajectory that keeps a warming limit of 1.5°C above pre-industrial levels within reach, and includes an ambitious power sector emissions reduction pathway and strategy based on the expansion of renewable energies and the phase down of on and off-grid coal-fired electricity generation; and the implementation of concrete actions achieving a just energy transition for workers and communities, particularly those most affected by an energy transition away from coal.
- Implement the JETP as a partnership between the Government of Indonesia and the IPG to enable the accelerated decarbonization of Indonesia’s power sector to achieve the most ambitious emissions cuts possible. This partnership will also include the Glasgow Financial Alliance for Net Zero (GFANZ) Working Group, which includes an initial set of financial institutions including Bank of America, Citi, Deutsche Bank, HSBC, Macquarie, MUFG, and Standard Chartered, and it will also leverage the expertise, resources, and operations of the multilateral development banks.
- The partnership aims to develop a comprehensive investment plan (JETP Investment and Policy Plan) aiming at the following joint targets for the power sector, which include on-grid and off-grid power, and captive power systems for industrial uses:
- Peaking power sector emissions by 2030 at an absolute value of no more than 290 MT CO2 (down from a 2030 baseline value of 357 MT CO2) and immediately declining thereafter on an ambitious trajectory and achieving net zero emissions in the power sector by 2050, including with the accelerated retirement of coal plants, conditional on international support.
- Accelerating the deployment of renewable energy so that renewable energy comprises at least 34% of all power generation by 2030.
- Accelerating, with IPG support, the early retirement of coal-fired power plants as prioritized and identified by the Indonesian Government in the JETP Investment and Policy Plan as a necessary element to achieve the above targets.
- Accelerating the widespread deployment of energy efficiency and electrification tools, technologies, and reforms, including through standards to access the resulting energy and cost savings with support from the IPG.
- Accelerating the development of a vibrant and competitive local industry in renewable energy and energy efficiency, as appropriate and as feasible, by investing in local technological capacity and knowledge in collaboration with IPG.
- Delivering a just energy transition by developing a robust plan, in consultation with relevant stakeholders, to identify and support the segments of Indonesia’s population most vulnerable to potential negative impacts of the transition, workers and all societal groups with a special focus on women, youth, and vulnerable populations that earn a living in the coal industry or in jobs connected with the coal industry.
- Restricting the development of captive coal fired power plants in accordance with the Perpres 112/ 2022 and collaborating to find and implement potential zero-emission and renewable solutions for power generation facilities outside Jawa-Bali, including captive power facilities, provided that the solutions are affordable (priced similar or better than the non-renewable alternatives), reliable (can provide base load), accessible, and timely (can be deployed within similar or better timeline than the non-renewable alternatives) to balance the imperative of industrial development and economic growth of Indonesia with the commitment on net zero.
- Freezing the existing pipeline of planned on-grid coal-fired power plants included in the current Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) for 2021-2030, and reaffirming a full moratorium on any new on-grid coal power generation capacity in accordance with Presidential Decree on Renewable Energy (Perpres 112/ 2022).
- Aligning local content requirements with the roadmap for domestic renewable manufacturing capability in order to achieve the renewable goals in RUPTL and to scale renewable deployment to support robust domestic renewable energy manufacturing capability. The progression of local content requirements should take into account the size and scale of a viable domestic market.
- Mobilizing sufficient capital to achieve the targets through a combination of instruments that may include grants, concessional loans, market-rate loans, guarantees, and technical assistance some of which will be used to de-risk and catalyze private investments.
- Mobilizing $20 billion over the next three to five years through the partnership, of which $10 billion will be mobilized by the IPG members. Working closely with the Government of Indonesia and the IPG, the GFANZ Working Group members will work to mobilize and facilitate at least $10 billion in private finance in support of an ambitious transition path and investment plan. Private sector finance will be subject to catalytic public finance and with collective ambition by all parties, including enhanced engagement by the multilateral development banks, the public sector finance has the potential to generate significantly more in private finance than the amount above. These resources are subject to concurrence on the JETP Investment and Policy Plan that includes a competitively tendered pipeline of projects, including continued progress in improvements to the country’s policy and enabling environment, in line with budgetary procedures and terms, responsive to progress by the Indonesian Government and relevant actors, and transparently reported. The continuation of the partnership is expected to be contingent on no new coal power capacity for instances where timely, zero-emissions, affordable, and reliable alternatives are available, including developing a strategy to avoid new captive coal and to successfully identify investments in renewable electricity supply as alternatives for all new captive projects.
- The Joint Statement constitutes political commitments of the Government of Indonesia and the members of the International Partners Group and is not a binding international agreement.
Annex: Partnership Action Plan
Over the next six months, the partnership intends to carry out the following plan:
- Within the first three months:
- Finalize an inclusive political dialogue on the accelerated and just energy transition (including non-governmental actors such as civil society, private sector, etc.), identify an existing entity to act as secretariat, and provide leader-level updates on the partnership’s progress;
- Determine the scope of supported actions to operationalize the Joint Statement’s “intends to” section;
- Develop a policy reform strategy in both the energy and financial sectors to catalyze investment, including from the private sector, in an efficient and market-driven manner, in support of the JETP goals;
- Identify a clear strategy for private sector engagement;
- Further articulate and elaborate terms of financing;
- Finalize initial sources of financing for specific JETP projects and efforts;
- Assist Indonesia with structuring sustainable financial and technical support within the broader energy transition to a net-zero economy; and
- Set up coordination platforms with development finance institutions and key stakeholders to solicit input to further develop the conceptual approach and leverage additional technical and financial support towards their most impactful uses in the JETP Investment and Policy Plan.
- Within six months:
- Develop a roadmap for domestic renewable manufacturing capability that addresses local content requirements.
- Develop a biannual review process to assess adherence to the top-line targets included in the joint statement and to the commitment to limiting additional coal capacity in instances where timely, zero-emissions, affordable and reliable alternatives are available.
- Develop a JETP Investment and Policy Plan to identify the investment requirements and opportunities to deliver on the just energy transition. This should be led by the Government of Indonesia with administrative and technical support provided by a Secretariat and with the collaboration of PT SMI. The Investment and Policy Plan will also provide an outline of the policy reforms necessary to address any regulatory barriers in the energy and financial markets that hinder private investment for a just energy transition.
- Develop a full program of work for this partnership on the basis of the JETP Investment and Policy Plan, with the work program drawn up in an inclusive process – with participation from non-governmental actors including the private sector and civil society – that addresses the social and economic impacts of Indonesia’s just energy transition.
- Develop a roadmap for 2030 in the power sector in line with the net zero target to support a clear pathway to green development.
- Identify a plan to accelerate the early retirement or avoid construction of on and off-grid coal-fired power plants both before and after 2030 in a manner that substantially decreases emissions while maintaining stable and affordable power for the Indonesian people.
- Identify potential financing instruments and policies that will act to improve Perusahaan Listrik Negara’s (PLN), and relevant subsidiaries, long-term financial sustainability.
- Develop a strategy to leverage further financial resources, including from domestic institutions, to support Indonesia’s just energy transition activities.
November 16, 2022
Bali, Indonesia
Today, Prime Minister Justin Trudeau and the Prime Minister of the United Kingdom, Rishi Sunak, spoke with the President of Ukraine, Volodymyr Zelenskyy.
Prime Minister Trudeau and Prime Minister Sunak expressed continued solidarity with Ukraine and conveyed their condolences for the civilian deaths caused by Russia’s brutal, appalling, and indiscriminate attacks across the country overnight.
The leaders also discussed the recent explosions in eastern Poland, and the need to assess the situation, including a full investigation into what happened, and work in partnership with allies to respond accordingly. Regardless of the outcome of that investigation, it is clear that Putin’s invasion of Ukraine is to blame for the ongoing conflict and ensuing violence.
President Zelenskyy thanked Prime Minister Trudeau and Prime Minister Sunak for their countries’ support to Ukraine.
The leaders agreed to stay in close and regular contact.
Associated Links
- Canada’s response to the Russian invasion of Ukraine
- Canada’s engagement in Ukraine
- Joint Statement of NATO and G7 Leaders on the margins of the G20 Summit in Bali
- Prime Minister Justin Trudeau speaks with Prime Minister of the United Kingdom Rishi Sunak
- Prime Minister Justin Trudeau speaks with President of Ukraine Volodymyr Zelenskyy
November 16, 2022
Bali, Indonesia
Today, Prime Minister Justin Trudeau spoke with the President of Poland, Andrzej Duda.
Prime Minister Trudeau expressed his condolences for the loss of life in the explosions that occurred in Eastern Poland on November 15, 2022.
The Prime Minister and the President discussed the need for a thorough investigation to determine the cause of the explosions. The leaders agreed on the need to work in partnership with North Atlantic Treaty Organization (NATO) Allies and other partners, and that the ongoing violence is the full responsibility of Russian’s unjustifiable and unprovoked invasion. The Prime Minister saluted the strength and resolve of the Polish people in support of the Ukrainian people since the outset of the invasion.
The two leaders agreed to stay in touch and to continue working alongside other members of the international community, including NATO, to promote security and stability in the region, while also holding Russia to account for its unjustifiable invasion of Ukraine.
Associated Links
November 16, 2022
Ottawa, Ontario
The Prime Minister, Justin Trudeau, today issued the following statement on Louis Riel Day:
“Today, we join the Métis People and Canadians across the country to commemorate the life of Louis Riel. The great Métis leader and founder of Manitoba was a defender of Métis rights, protector of their land, and advocate for the distinct Michif language and culture of the Métis People.
“On this day in 1885, Louis Riel was tragically executed for leading the Northwest Resistance in defence of Métis rights. Throughout his life, Louis Riel was an impassioned advocate for equality, minority rights, and Indigenous Peoples. His contributions to the Métis People have helped define Canada as we know it today.
“As we celebrate Louis Riel’s legacy and reflect on his vision of strong and prosperous Métis communities across the Homeland, we acknowledge that a lot of important work remains to be done on the journey to reconciliation, based on respect, cooperation, and partnership. The Government of Canada is committed to building a renewed relationship with the Métis and all Indigenous Peoples from coast to coast to coast.
“The Canada-Métis Nation Accord, signed in 2017, has provided a framework for a renewed, respectful, and constructive Métis Nation-Crown relationship. The Accord has guided initiatives like the Government of Canada’s investments to build a Métis Nation Early Learning and Childcare system to improve culturally grounded early learning programs and support for Métis communities’ housing priorities.
“Today, as we celebrate Louis Riel, I encourage all Canadians to learn more about the important contributions the Métis People has made – and continues to make – to Canada. Today and every day, we recommit to breaking down barriers they face and building a better Canada for everyone.”
November 16, 2022
Bali, Indonesia
Today, the Leaders of Canada, the European Commission, the European Council, France, Germany, Italy, Japan, the Netherlands, Spain, the United Kingdom, and the United States met on the margins of the G20 Summit in Bali and released the following statement:
“We condemn the barbaric missile attacks that Russia perpetrated on Ukrainian cities and civilian infrastructure on Tuesday.
“We discussed the explosion that took place in the eastern part of Poland near the border with Ukraine. We offer our full support for and assistance with Poland’s ongoing investigation. We agree to remain in close touch to determine appropriate next steps as the investigation proceeds.
“We reaffirm our steadfast support for Ukraine and the Ukrainian people in the face of ongoing Russian aggression, as well as our continued readiness to hold Russia accountable for its brazen attacks on Ukrainian communities, even as the G20 meets to deal with the wider impacts of the war. We all express our condolences to the families of the victims in Poland and Ukraine.”
November 16, 2022
Bali, Indonesia
The Prime Minister, Justin Trudeau, today concluded his participation at the G20 Summit in Bali, Indonesia, where he worked with G20 leaders to drive progress on shared priorities, including ensuring energy and food security, improving global health, protecting the environment and fighting climate change, and building an economy that works for all Canadians. He also continued to condemn – in the strongest possible terms – Russia’s brutal and unjustifiable invasion of Ukraine, and reiterated Canada’s steadfast support for the Ukrainian people.
Throughout the G20 Summit, the Prime Minister announced support to help make Canada an even more active and engaged partner in the Indo-Pacific, including by making investments to expand trade and investment to benefit Canadian businesses and their workers, promote security and stability in the region, increase pandemic resilience, and build a cleaner future for everyone.
At the Summit, Prime Minister Trudeau announced that Canada will invest $750 million to significantly expand FinDev Canada’s global efforts to meet demand for infrastructure and enhance the reach and impact of Canada’s private sector activities. The additional capital will enable FinDev to increase its engagement in the Indo-Pacific and help respond to the region’s massive infrastructure needs, address existing funding gaps, and support wider regional progress toward ending poverty, fighting climate change, and building a future that works for everyone. This will help
The Prime Minister made the announcement at a Partnership for Global Infrastructure and Investment event co-hosted by the President of the United States of America, Joe Biden, the President of the European Commission, Ursula von der Leyen, and the President of Indonesia, Joko Widodo.
In Bali, Prime Minister Trudeau continued to push for ambitious action on climate change and the environment by urging countries to adopt a robust post-2020 Global Biodiversity Framework at COP15 in Montréal next month to halt biodiversity loss and ensure a healthy future. He emphasized the importance of increasing efforts to protect the environment, fight climate change, and protect peoples’ livelihoods from its devastating effects. He announced that Canada will provide:
- $20 million to restore and protect mangroves in coastal communities in Indonesia, which will help prevent biodiversity loss and store carbon to fight climate change;
- $15 million to support Indonesia’s efforts to scale-up its climate change adaptation and mitigation efforts in response to rising sea levels, environmental degradation, and biodiversity loss;
- $10 million for the Oceans for Prosperity initiative to continue improving the sustainable management of coral reef ecosystems to support local communities in Indonesia; and
- $3 million to help Indonesia restore coastal and marine ecosystems – essential carbon-storing ecosystems – to better adapt to and mitigate the impacts of climate change.
The Prime Minister also highlighted recent progress in advancing negotiations toward a Canada-Indonesia Comprehensive Economic Partnership Agreement, which would create jobs and opportunities for people and businesses in both countries. This could include meaningful opportunities for Canadians across a broad range of sectors, including agriculture and agri-food, advanced manufacturing, clean tech, natural resources, and services. Canada and Indonesia launched negotiations in 2021 and held three rounds of negotiations in 2022.
At the Business 20 (B20) Summit, attended by private sector delegates from across the G20, Prime Minister Trudeau delivered a keynote address where he highlighted the potential emerging technologies have to cut pollution and grow the clean economy to benefit everyone. He also stressed the urgent need to accelerate the transition to clean energy, and underlined that Canada is rapidly becoming the provider of clean energy and clean technologies that the world needs, particularly in critical minerals, batteries, and electric vehicles.
During the Summit, G7 Leaders and Indonesia issued a joint statement announcing a new Just Energy Transition Partnership (JETP) with the Government of Indonesia to accelerate its clean energy transition in an inclusive way. Canada will allocate $550 million to Indonesia from existing climate commitments under this new partnership. Canada is also contributing to coal phase-out and the clean energy transition in Indonesia through its commitment of $1 billion to the Climate Investment Funds’ Accelerating Coal Transition Program, of which Indonesia was one of the first funding recipients.
The COVID-19 pandemic has had devastating impacts, particularly on people in low- and middle-income countries. To further protect global health and prevent future pandemics, Prime Minister Trudeau announced a new commitment of $50 million to the new Pandemic Fund – a key G20 initiative hosted by the World Bank – to help fill critical gaps in pandemic prevention, preparedness, and response capabilities in low- and middle-income countries in key areas like investing in the health care workforce and strengthening disease surveillance. He also announced a $15 million allocation to manufacture mRNA vaccines and technologies in Africa, Asia, and Latin America, building on $15 million in Canadian funding announced at the G20 Summit in 2021, and a $15 million allocation to increase the manufacturing of and equitable access to vaccines for low- and middle-income countries in the Americas.
At the G20, Prime Minister Trudeau announced an additional $500 million to provide military support to the Armed Forces of Ukraine. He also announced new sanctions on 23 members of the Russian justice and security sectors involved in gross and systematic human rights violations against Russian opposition leaders. Throughout his meetings with G20 and guest leaders, he reiterated the importance of continuing to support Ukraine and remaining united in the face of Russian aggression.
The Prime Minister also announced that Canada is extending the Canadian Armed Forces’ (CAF) training mission of recruits of the Armed Forces of Ukraine in the United Kingdom until the end of December 2023. This training began in August 2022, and is part of Operation UNIFIER.
Given the presence of Russia at the G20 table, the Prime Minister used his G20 interventions to condemn Putin’s attacks on Ukraine and the rules-based international order. He also stressed the consequences of Russia’s aggression on people, and food and energy security, particularly in the Global South. We continue to be steadfast in our support for Ukraine.
On November 16, in response to Russia’s latest attacks on Ukrainian cities and civilian infrastructure, NATO and G7 Leaders issued a joint statement reaffirming their steadfast support for Ukraine and their commitment to hold Russia accountable. Prime Minister Trudeau also held calls with the President of Ukraine, Volodymyr Zelenskyy, and the Prime Minister of the United Kingdom, Rishi Sunak, as well as the President of Poland, Andrzej Duda.
Quote
“On the world stage, Canada will always defend our values as we drive progress on the critical challenges of our time. When we work together, we can achieve great things – from ambitious climate action, to creating jobs, upholding peace and security, and driving economic growth that benefits everyone.”
Quick Facts
- This is the eighth G20 Summit attended by Prime Minister Trudeau.
- This was the second leg of the Prime Minister’s three-stop tour of the Indo-Pacific that also includes his participation in the Association of Southeast Asian Nations (ASEAN) Summit in Phnom Penh, Cambodia and the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Bangkok, Thailand. The Prime Minister will then travel to Djerba, Tunisia to participate in the 18th Summit of La Francophonie.
- The G20 is an important platform to discuss global economic, financial, and trade policy issues. G20 members are the world’s major economies and represent all inhabited continents, with 80 per cent of world GDP, 75 per cent of global trade, and 60 per cent of the world’s population.
- In Bali, the Government of Canada welcomed memorandums of understanding with local governments to respond to food security challenges in Indonesia, build infrastructure that will stimulate growth and create opportunities, and support deeper cooperation on counter-terrorism.
- To advance gender equality and the empowerment of women and girls, Canada is investing $10 million for Build Back Equal in the Eastern Caribbean, working with UN Women to help address the unequal distribution of unpaid and domestic care work in communities and households, advance sexual and reproductive health and rights, and ensure care services are integrated in gender-responsive social protection systems.
- From November 14 to 16, Prime Minister Trudeau held bilateral meetings with the Prime Minister of the United Kingdom, Rishi Sunak, and the Prime Minister of Italy, Giorgia Meloni.
- The Prime Minister also held a pull-aside meeting with the President of South Korea, Yoon Suk Yeol.
- During the B20 Summit, the Prime Minister met with major business executives, including Seiji Izumisawa, President and CEO of Mitsubishi Heavy Industries Ltd.
- Canada last hosted the G20 in 2010. Indonesia holds the presidency in 2022, and India will hold it in 2023.
- The G20 includes Argentina, Australia, Brazil, Canada, China, Germany, the European Union, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States of America. Spain, Singapore, the Netherlands, and the United Arab Emirates were invited by Indonesia to participate in the G20 as guests this year.
- Indonesia is the world’s 4th most populous country, a G20 economy, and offers vast opportunities for mutually beneficial trade with Canada. Indonesia is Canada’s largest export market in Southeast Asia, with two-way bilateral merchandise trade of $4.2 billion in 2021.
- A Canada-Indonesia Comprehensive Economic Partnership Agreement could increase Canada’s GDP by $328 million and exports to Indonesia by $446.5 million.
- In August 2022, the Government of Canada announced the deployment of Canadian Armed Forces (CAF) members under Operation UNIFIER to provide training to the Armed Forces of Ukraine in the United Kingdom, in collaboration with the United Kingdom’s Operation INTERFLEX. The approximately 170 CAF personnel who deployed in late August have trained a total of 400 Armed Forces of Ukraine recruits and will graduate another tranche of approximately 400 members on November 21, 2022.
Related Products
- Backgrounder: Canadian investments in the Indo-Pacific and G20 priorities
- Joint Statement on new Just Energy Transition Partnership
- Joint Statement of NATO and G7 Leaders on the margins of the G20 Summit in Bali
- Prime Minister Justin Trudeau meets with President and CEO of Mitsubishi Heavy Industries Limited Seiji Izumisawa
Associated Links
- Prime Minister to participate in the ASEAN Summit, G20 Summit, APEC Economic Leaders’ Meeting, and the Sommet de la Francophonie
- Prime Minister strengthens ties with ASEAN and expands partnerships in the Indo-Pacific
- Prime Minister announces additional military assistance for Ukraine and additional sanctions against Russia
- G20 Indonesia 2022
- Canada and the G20
Prime Minister Justin Trudeau meets with Prime Minister of Italy Giorgia Meloni
November 17, 2022
Bali, Indonesia
Yesterday, Prime Minister Justin Trudeau met with the Prime Minister of Italy, Giorgia Meloni, on the margins of the G20 Summit.
Discussing shared priorities at the G20, the two leaders commended Indonesia’s leadership as host and agreed on the importance of further strengthening collaboration on multilateralism and open, rules-based trade. They reaffirmed their desire for continued coordination among allies and partners to maintain and increase international support to Ukraine, at the Summit and beyond. The prime ministers discussed the importance of building on the strong relationship between their two countries to address the ongoing global impacts of Russia’s illegal invasion of Ukraine, including on food and energy security.
With 2022 marking the 75th anniversary of relations between Canada and Italy, the prime ministers reflected on the deep people-to-people ties between Canadians and Italians, and the importance of their bilateral relationship in addressing current global challenges.
Prime Minister Trudeau highlighted the significant increase in trade between both countries since the provisional application of the Canada-European Union Comprehensive Economic and Trade Agreement. The two leaders agreed on the potential for heightened bilateral trade relations to create good, middle-class jobs on both sides of the Atlantic and to help both countries build clean economies. The prime ministers identified clean technologies, critical minerals, and energy as sectors with strong potential for further growth.
The two leaders also noted their interest in strengthening cooperation in support of regional and international security, and in the promotion and defence of democratic values, including at the G7, G20, and NATO.
Prime Minister Trudeau and Prime Minister Meloni agreed to stay in close contact.
Associated Links
- Canada-Italy relations
- Canada and the G20
- Prime Minister Justin Trudeau speaks with Prime Minister of Italy Giorgia Meloni
- Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
- Prime Minister to participate in the ASEAN Summit, G20 Summit, APEC Economic Leaders’ Meeting, and the Sommet de la Francophonie
November 17, 2022
Bangkok, Thailand
Today, Prime Minister Justin Trudeau met with the President of Chile, Gabriel Boric, on the margins of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting.
The two leaders discussed the close cooperation between their countries on a wide range of regional and global issues, including holding Russia to account for its unjustifiable invasion of Ukraine, supporting Haiti during the evolving security and humanitarian situation, strengthening environmental and ocean protection, promoting gender equality, and advancing inclusive trade and economic growth. The two leaders also discussed the outcomes of the G20 Summit in Bali, Indonesia.
The leaders emphasized the benefits of pollution pricing, and underscored the need for more countries to adopt this measure, with a goal of reducing 60 per cent of global emissions by 2030. Both leaders also agreed on the importance of ongoing efforts to halt biodiversity loss around the world.
Prime Minister Trudeau and President Boric were also joined the signing of the Canada-Chile Joint Declaration on Investment Treaty Practice by Canada’s Minister of International Trade, Export Promotion, Small Business and Economic Development, Mary Ng, and Chile’s Undersecretary of International Economic Relations, José Miguel Ahumada.
Prime Minister Trudeau and President Boric looked forward to staying in regular contact.
Associated Links
- Canada-Chile relations
- Prime Minister Justin Trudeau speaks with President of Chile Gabriel Boric
- Canada-Chile announcement on carbon pricing
- Canada and the Asia-Pacific Economic Cooperation (APEC)
- Prime Minister to participate in the ASEAN Summit, G20 Summit, APEC Economic Leaders’ Meeting, and the Sommet de la Francophonie
