Armenia’s capacities in mining and Canada’s experience promise great potential for cooperation

Armenia’s capacities in mining and Canada’s experience promise great potential for cooperation –

ARMENPRESS. ArmenianCanadian cooperation in mining is not a new phenomenon but the volume is far from being satisfactory considering Armenia’s capacities in mining industry on the one hand, and Canada’s experience and interest on the other. Ambassador Extraordinary and Plenipotentiary of Canada to the Republic of Armenia John Ronald Kur told about this during Armenian-Canadian business forum. “Mining sector of Canada is among world leaders: Its newest experience in terms of technologies is used in industrial companies. Many investors in Canada take a significant part of international markets and Canada is one of the largest investors in mining industry worldwide. We have also successful investment examples in Armenia and it is necessary to deepen this cooperation in the future”, the Ambassador said.

 He mentioned that Canada and Armenia try to expand bilateral relations in political, economic and cultural spheres. “Currently there is great interest to deepen trade and investment relations between the two countries”, the Ambassador said.

 Armenian-Canadian business forum is organized by the Ministry of Energy and Natural Resources and the Canadian Embassy in Armenia. The forum aims to reveal the prospects of cooperation in mining between the two countries.