Canada courts S Korean business community
TORONTO (miningweekly.com) – Canada’s Natural Resources Minister, Joe Oliver, on Monday courted the South Korean business community in Vancouver, saying exports to South Korea, located in one of the fastest-growing regions of the world, were an important contributor to the country’s prosperity.
Oliver said government was “aggressively” pursuing agreements with countries in the Asia-Pacific region that would permit Canadian businesses to compete internationally.
The Minister reinforced the importance of the shared benefits for Canada and South Korea in increasing trade and market diversification.
Oliver reiterated that the federal government, under the Conservative leadership of Prime Minister Stephen Harper, had made it a priority to enhance international relationships to increase opportunities for Canada’s natural resource sectors, including exporting liquefied natural gas (LNG) to South Korea, the world’s second-largest importer of LNG.
Oliver said that, as Canada became a significant source of LNG, the expanding economies of Asia become obvious markets.
“Today, South Korea is Canada’s seventh-largest trading partner, with two-way trade of more than $10-billion. We are strengthening our bilateral strategic relationship to encourage trade, investment and technological innovation in the natural resource sectors,” he noted.
TSX-V-listed Woulfe Mining was working on building the Sangdong tungsten mine, in South Korea.
Comments
Research Reports
Latest Multimedia
Showroom
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
