Canada should show that combining trade and aid makes sense in the Caribbean.
In December in Geneva, Russia cleared the last official hurdle to becoming the 154th member of the World Trade Organization. With the stroke of a pen, the global economy became more integrated and the WTO truly "world" in scope.
The sector needs to experiment with new business models, find partners where it has never thought of looking before, and take more calculated risks.
The recent IIFA "Bollywood" film awards in Toronto brought attention to the size of Canada's Indo-Canadian community and the strength of our ties with India. Our relationship was also explored at Carleton University's recent Canada-India Innovation Summit, which included a trade negotiation simulation by the Centre for Trade Policy and Law.
Canada's bilateral trade negotiation strategy in the Americas has been modestly successful, but we need to shift gears. The country's experience with Chile suggests that narrowing the agenda and building on early successes will bring longer term results.