Europe Asia News

European Commission President Ursula von der Leyen announced that steps are being taken to enhance economic cooperation between the EU and Canada under the Alliance for the Future initiative.

Von der Leyen stated that both sides are working on a digital trade agreement to strengthen prosperity and economic security, and that an agreement has been reached with the European Investment Bank (EIB) to increase investment in critical raw materials.

Von der Leyen also noted that Canada's access to European supercomputers would deepen cooperation in artificial intelligence and that closer collaboration would be established in the fields of space and information.