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New Brunswick Premier Susan Holt Unveils Plan to Grow Exports Outside the U.S.
The plan aims to lift non-U.S. exports to $1.32 billion by 2030 and open a new growth office in the European Union.
- On Monday, New Brunswick Premier Susan Holt unveiled a market diversification strategy in Dieppe, aiming to reduce the province's heavy reliance on the United States.
- Officials target a 16 per cent increase in non-United States exports by 2030, raising total non-United States trade to $1.32 billion from $1.14 billion last year.
- To reach these goals, the province plans a trade mission to Cambodia and South Korea later this month and will open a new growth office in the European Union.
- Beyond international expansion, the province aims to boost trade with the rest of Canada by 61 per cent to $22.1 billion by 2029 while lowering internal trade barriers.
- Emphasizing the need for diversification, Holt stated "We can't rely on one market" and called for supporting local businesses to build strong relationships with global trading partners.
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12 Articles
12 Articles
New Brunswick wants to reduce its dependence on the United States by focusing not only on the domestic market, but also on exports to Europe and Asia.
·Montreal, Canada
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N.B. has to 'get aggressive,' Holt says as she releases new export strategy
The Holt government announced a plan Monday that aims to boost New Brunswick export markets and increase international export revenue by nearly 16 per cent over the next four years, and by 60 per cent interprovincially.
·Ottawa, Canada
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In a new strategy unveiled on Monday, the provincial government sets ambitious targets for exports of New Brunswick companies by 2030: +15.9% to international markets outside the United States, and +61%...
Coverage Details
Total News Sources12
Leaning Left6Leaning Right0Center3Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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