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Natural Resources Canada
2011/113
November 7, 2011

Minister Oliver Promotes Canadian Resources and Expertise in China


BEIJING — “China represents a strategic partner in the natural resource sectors, and I want to ensure that Canada is well positioned to benefit from investment opportunities — both domestically and internationally,” said the Honourable Joe Oliver, Canada’s Minister of Natural Resources, as he wrapped up his visit to Tianjin. Minister Oliver promoted Canada’s potential, expertise and technology in natural resources, making Canada one of the most attractive investment destinations in the world.

“Our goal here in China is very simple — to promote two-way trade and investment, and government-to-government cooperation, including on science and technology — the pillars of economic and social development for all nations,” said Minister Oliver. “With China as a major consumer of metals and Canada as a major supplier of metals and mining expertise, the significance of this partnership cannot be overstated.”

Minister Oliver had the honour of speaking at the China Mining Congress and Expo Opening Ceremony, which was attended by a number of key stakeholders, including senior officials from government, investment and financing institutions and industry executives from around the world.

He also met with a number of stakeholders, including mining ministers from China and several mining company executives. In his meetings with mining and service companies, he discussed challenges and opportunities facing the Canadian mining industry.

The exploration and mineral investment climate in Canada is positive and continues to attract significant foreign and Canadian investment. The Canadian mining sector is an important contributor to the economy, set for strong growth with exploration forecasted to reach over $3.1 billion this year.

Minister Oliver, who is now in Beijing for a series of events and meetings, will then travel to Shanghai to meet with key resource sector stakeholders and promote Canadian resources and expertise.


FOR BROADCAST USE:

Natural Resources Minister Joe Oliver today addressed the China Mining Congress and Expo Ministers’ Forum, promoting the positive exploration and mineral investment climate in Canada, science and technology opportunities for Canadian industries in China and enhanced trade, investment and government relations between the two countries.

Media may contact:

Patricia Best
Director of Communications
Office of the Minister
Natural Resources Canada
Ottawa
613-996-2007

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Natural Resources Canada
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613-992-4447

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