Thank you very much, Mr. Chair.
Thank you to all the witnesses, not just for your appearance today, which has been very informative and very helpful to this committee, but also for your important work on the African strategy. I think you've positioned the country well for the next steps.
I'd like to talk a bit about some of those next steps. As has already been acknowledged by my colleagues, there are some challenges. I think China is well established in Africa through its belt and road investments. Not only do they overwhelmingly dominate the extraction of critical minerals and copper in Central Africa and critical minerals through Zimbabwe and Mali, but they are also dominating the processing of those minerals, so our supply chains, quite frankly, are somewhat in jeopardy.
Frankly, I note that money, notwithstanding our good relationships, is very important in these investments. The United States in 2019 established their International Development Finance Corporation, and they put about $8 billion a year into African development, which I think could be advantageous for us.
My question is going to pertain to the next steps in the Africa strategy. How do we position Canada? In particular, I'd like to hear your thoughts on the development and negotiation of multilateral agreements with African countries that are rich in critical minerals, to secure and sustain those sustainable supply chains.
You, Ms. Steffen, referenced the possibility of establishing formal partnership frameworks with African nations to coordinate investment, technology transfer and environmental standards.
We understand that environment can be challenging, but, at the same time, I think the obvious next step in our strategy is to establish bilateral and multilateral agreements with either a specific nation or a group of nations that we can work with in this area.