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Indonesian president signs trade deal, defence pact with Canada

OTTAWA — Indonesian President Prabowo Subianto has signed a trade agreement and a defence agreement with Prime Minister Mark Carney on Parliament Hill, as Canada expands its ties with Southeast Asia.

Subianto said on Parliament Hill that the agreements are “very important for us, very strategic economically.” Last November, both countries announced they had finished trade negotiations that started in 2021. The signed trade deal is comprehensive, meaning it opens up trade in multiple industries with the world’s fourth-most populous country.

Indonesia’s population of 280 million people is younger than most, and the country is on track to be one of the five largest economies by 2050. It has been trying to wean itself off fossil fuels, as it copes with threats to its vast biodiversity. The deal comes into effect next year, and should drop prices for Canadian wheat, potash, wood and soybeans, according to Carney’s office.

Trade Minister Maninder Sidhu said the deal gives preferential access to Canada’s agriculture, energy, telecom, aerospace and defence sectors. “It’s a massive growth that they’ve been seeing -- five per cent year over year for the last 10 years,” Sidhu said in an interview...

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Updated: September 24, 2025 at 7:26PM EDT

- CTV NEWS -