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New Brunswick Premier Susan Holt unveils plan to grow exports outside the U.S.

The New Brunswick government wants to expand its export markets outside the United States by almost 16 per cent by 2030.

New Brunswick Premier Susan Holt unveils plan to grow exports outside the U.S.

New Brunswick Premier Susan Holt has announced a plan to increase the province's export market outside the United States by nearly 16% by 2030. This target aims to boost total exports to non-U.S. markets to $1.32 billion, up from $1.14 billion last year. The government is targeting Asia and Europe as the primary regions for expansion, with a trade mission to Cambodia and South Korea planned for later this month.

Holt also plans to establish a growth office in the European Union and increase trade within Canada by 61% to $22.1 billion by 2029. The province will continue efforts to lower trade barriers and strengthen domestic supply chains, emphasizing that New Brunswick has what the world wants and can support businesses in seizing new opportunities and building strong relationships with trading partners.

Brief written by urgent.news from Global News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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