Dhaliwal Highlights $50 Million Liberal Commitment to Create South Asian Foundation

February 21st, 2008

(SURREY)  Today Sukh Dhaliwal, the Critic for Competitiveness and the New Economy, highlighted the new commitment of a Liberal government to allocate $50 million for the creation of the South Asian Foundation of Canada to harness the growth potential of the booming South Asian economy.

“A Liberal government will create a foundation to promote discussion and exchange between Canada and South Asia on a wide range of economic, security, political, environmental and social issues,” Dhaliwal said.

“The Foundation will help strengthen the ties between the policy, business and research communities in Canada and the growing economies of South Asia.”

The South Asian Foundation of Canada will be modeled after the successful Asia Pacific Foundation of Canada, which has conducted research on Canada’s economic, political, and social relations with the Asia Pacific region for over 24 years.

“This announcement is especially important to the residents of Newton - North Delta. Our location on the Pacific Rim and our long-lasting traditional and familial ties to the South Asian countries will make it easier for us to take advantage of this initiative.”

Dhaliwal that the foundation will also improve diplomatic relations.

“I am encouraged that new Liberal government will improve the frosty relationships with our Asia-Pacific neighbours and recognize the importance of diversifying our trading relationships with this dynamic part of the world economy,” he said.

The foundation will also be instrumental in ensuring the continued growth of Canada’s export industries.   One in four Canadian jobs is linked to the export market.

Sukh Dhaliwal is the Member of Parliament for Newton - North Delta and the Opposition Critic for Competitiveness and the New Economy.

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Office of Sukh Dhaliwal
604-598-2200



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