In his recent address at the Lowy Institute in Sydney, Prime Minister Mark Carney highlighted the significant role that 'middle powers' such as Canada and Australia can play in shaping global affairs. He argued that while these nations may not possess the same level of influence as the great powers, they can still effectively convene, set agendas, and build coalitions that result in significant global impacts. Carney referenced his prior statements at Davos, reinforcing the notion that the collective strength of middle powers should not be underestimated.

Carney pointed out that countries like Canada, Australia, Japan, South Korea, and nations in Europe represent a formidable economic bloc, with a combined GDP surpassing that of the United States and trade volumes threefold that of China. This economic might provides these middle powers with the capability to influence international standards and policies, potentially positioning them as leaders in emerging global issues such as trade and environmental concerns. He stressed that by coming together, these nations could better address global challenges at speed and scale.

Prior to his engagements in Australia, Carney visited India and is scheduled to complete his 10-day trip in Japan, seeking to strengthen ties and collaborative efforts among these middle powers. His visit underscores a strategic shift towards building partnerships that leverage shared interests in critical resources, further demonstrating the capacity of nations categorized as middle powers to steer global discussions and action effectively.