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Canada & South Korea Focus on Commerce Deal As BYD Eyes India – CleanTechnica

Source link : https://tech365.info/canada-south-korea-focus-on-commerce-deal-as-byd-eyes-india-cleantechnica/

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Canada & South Korea Get Cozier

Canadian Prime Minister Mark Carney advised the world in Davos this month, “We are in the midst of a rupture, not a transition. Over the past two decades, a series of crises in finance, health, energy, and geopolitics laid bare the risks of extreme global integration. More recently, great powers began using economic integration as weapons. Tariffs as leverage. Financial infrastructure as coercion. Supply chains as vulnerabilities to be exploited.”

He went on to say that the center nations — these not referred to as america, China, or Russia — might want to forge nearer ties with one another as a way to counter the bodily and financial aggression of probably the most highly effective nations. A standard expression in Southeast Asia is, “When the elephants fight, the grass gets trampled.” Carney understands that idea clearly and is working to forge new world partnerships that exclude the US.

Based on the New York Instances, Canada and South Korea this week introduced an settlement to discover bringing Korean automotive manufacturing to Canada. That is what is likely to be referred to as a framework settlement. There are few specifics about what precisely South Korean firms will do to bolster auto manufacturing in Canada, nevertheless it stands in stark distinction to the bombast and threats from the blustering…

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Author : tech365

Publish date : 2026-01-31 18:16:00

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