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25
Nov

 

Premier Kathleen Wynne departs tomorrow on a business mission to Japan and South Korea.

Premier Wynne will lead a delegation of 45 Ontario business and academic leaders to Tokyo in Japan from November 28-30 and a delegation of 48 to Seoul in South Korea from December 1-2.

The Premier will also travel to Nagoya, Japan for business meetings on November 29. To encourage investment in Ontario and expand trade networks, the Premier will meet with business and political leaders to build partnerships, exchange information and ideas, and seek opportunities for collaboration.

“In a global economy, international missions deliver local jobs. We are developing a strong, resilient business environment in Ontario to spur innovation and growth. Ontario shares these priorities for economic growth with each of Japan and South Korea — a strong foundation to expand partnerships. This mission will make Ontario stronger by generating business agreements to increase trade, spur investment in Ontario and create jobs.” — Kathleen Wynne, Premier of Ontario

Increasing trade is key to strengthening Ontario’s economy and creating jobs. By building positive relationships with Japanese and South Korean businesses and leaders, we are creating a solid foundation for future agreements and partnerships. Ontario’s diverse and innovative economy, competitive corporate tax rate, strong financial sector and talented workforce make it one of the best places in the world to do business.

Building new international partnerships and helping Ontario businesses compete globally are part of our plan to create jobs, grow our economy and help people in their everyday lives.

QUICK FACTS

  • Japan is Ontario’s fifth-largest trading partner — two-way trade between Ontario and Japan exceeded $11 billion in 2015.
  • South Korea is the fourth-largest economy in Asia — two-way trade between Ontario and South Korea is increasing and reached almost $6 billion in 2015.
  • The Canada-Korea Free Trade Agreement, which came into effect in 2015, supports increased international trade and provides new opportunities for exporters in South Korea and Ontario.
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Assistant Editor