Anand announces $500M investment of new military initiatives in Indo-Pacific region

Global News published this video item, entitled “Anand announces $500M investment of new military initiatives in Indo-Pacific region” – below is their description.

Defence Minister Anita Anand outlined four new initiatives in the Indo-Pacific region through a virtual press conference on Sunday. Comprised of approximately $500 million, the new initiatives target increasing naval presence in the region, increasing joint military exercises with regional allies and partners, starting a new Canadian-led capacity-building program, and supporting regional partners with cyber security enhancement.

“I’ve consistently heard great enthusiasm for Canadian leadership on the world stage as like-minded nations tackle the mounting threats to our shared rules-based international order,” Anand said. “Stability in the Indo-Pacific is essential to global security because the region is at the centre of a global shift.”

A long-awaited strategy released earlier in the day said Canada will attempt to balance its approach to an “increasingly disruptive” China by investing billions of dollars toward economic opportunities in the Indo-Pacific region while strengthening its security and intelligence networks.

The federal Indo-Pacific Strategy seeks to take advantage of the economic growth in the region — estimated to be home to over half the global economy by 2040 — while also pursuing Canadian priorities in climate change prevention, rights for women and girls and Indigenous reconciliation.

For more info, please go to https://globalnews.ca/news/9306508/canada-china-indo-pacific-strategy-joly/

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