Mr. Speaker, I thank my colleague, whom I hold in high regard.
We are talking about a market that is 99% tariff-free. When we talk about tariffs, people know exactly what we are talking about. The potential is enormous. Take, for example, Japan, one of the member countries. In 2023, we saw 60% growth in this market. In Vietnam, over the same period, growth was 110%.
These are growing markets with nearly 600 million consumers in the CPTPP zone. For our Canadian companies, having agreements and adding countries to them helps diversify markets. As a government, we are helping these companies do business over there and guiding them to these markets.
