January 13, 2014 14:10 ET
DELHI, INDIA--(Marketwired - Jan. 13, 2014) - Natural Resources Canada
Canada's Natural Resources Minister, the Honourable Joe Oliver, today announced enhanced cooperation between Canada and India in the fields of mining and earth sciences and in the iron and steel industries.
Minister Oliver and India's Minister of Steel, Beni Prasad Verma, signed a Letter of Intent (LOI) on cooperation concerning the iron and steel sector and allied industries. Minister Oliver also witnessed the signing of a Letter of Renewal (LOR) to extend a Memorandum of Understanding (MOU) on Cooperation in the Fields of Earth Sciences and Mining between Natural Resources Canada and India's Ministry of Mines to advance bilateral cooperation and encourage cooperation in earth sciences and mining with the industrial sectors. The MOU was set to expire by June 2014.
This ongoing collaboration between the two countries underlines the Government of Canada's commitment to expand engagement through long-term commercial investments, joint partnerships, technological cooperation and exchange of best practices in the earth sciences, mining and energy sectors.
This is Minister Oliver's seventh official visit to Asia. The Minister is joined by a Canadian business delegation in India and is reinforcing the Government's ongoing efforts to promote trade and investment opportunities in the expanding economies of Asia.
"Canada and India have achieved tremendous progress in trade, investment, innovation and scientific collaboration. Strengthening cooperation with our valued trade partners helps create Canadian jobs and economic growth in every region across our country."
Canada's Minister of Natural Resources
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Melissa LantsmanDirector of CommunicationsOffice of Canada's Minister of Natural Resources613-996-2007Media RelationsNatural Resources Canada, Ottawa613-992-4447The general public may contact:Mon.-Fri., 8:30 a.m.-4:30 p.m. ESTTelephone: 613-995-0947TTY: 613-996-4397(teletype for the hearing-impaired)firstname.lastname@example.org
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