Canadian ministers welcome agreements between Chinese, Canadian companies

13:57, June 26, 2010      

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Canadian Minister of International Trade Peter Van Loan and Minister of Natural Resources Christian Paradis have welcomed the signing of 11 contracts and agreements between Chinese and Canadian companies, according to a press release from Canada's Ministry of International Trade on Friday.

“(Chinese )President Hu (Jintao) and (Canadian) Prime Minister (Stephen) Harper have agreed that deepening our economic partnership will be a top priority for our countries in the years ahead,” Van Loan was quoted as saying in the press release.

"We've taken yet another important step in this direction with the signing of new agreements between Canadian and Chinese firms," he added.

Paradis said he was pleased to note that the Canada-China relationship on energy and natural resources is "deepening, with important commercial agreements being signed.”

"We have a solid basis for cooperation in developing clean energy technologies, advancing cleaner energy sources, such as natural gas, and increasing energy security,”he said.

The contracts and agreements was signed in Ottawa on Thursday on clean energy, environment protection technology and resources development projects between Sinopec, China Guangdong Nuclear Power Holding Co., Ltd., China National Petroleum Corporation, China Energy Conservation and Environmental Protection Group and some other Chinese companies, and their Canadian partners.

The forum was sponsored by the China Council for the Promotion of International Trade and the Canada China Business Council.

Source: Xinhua


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