Carney Pursues Trade Diversification With Asian Deals

Mark Carney toured Asia in February after his January World Economic Forum speech, signing multi-billion-dollar agreements in India on energy, critical minerals and artificial intelligence, discussing supply-chain diversification in Australia, and concluding a strategic partnership with Japan on defence, energy, trade and technology. He framed these moves as part of a middle-powers strategy to diversify trade. The deals seek to reduce Canada’s heavy economic reliance on the United States.