Canada looks to boost trade with Pakistan – Newspaper & More News Here

ISLAMABAD: Canada’s Assistant Deputy Minister for Global Affairs Paul Thoppil has mentioned that the current signing of the framework by Canadian agency Barrick Gold for the re-launching of the Reko Diq mining mission has the potential for Canada to be one of many largest overseas investor in Pakistan.

Speaking at a ceremony on the Pakistan High Commi­ssion in Ottawa on Friday, Mr Thoppil mentioned Canada values its bilateral relationship with Pakistan and there are various common alternatives for engagement between the 2 international locations.

He described as very constructive the financial relationship between the 2 international locations and appreciated the expansion in bilateral trade, which had risen to $1.2 billion in 2021. He highlighted a big excessive-degree enga­gement over the previous 12 months between each international locations, together with calls between overseas ministers of each international locations in addition to a go to of Canada’s deputy overseas minister to Pakistan.

The Canadian minister termed the Pakistan-Canada relationship as being robust and underpinned by robust people-to-people ties. He mentioned Pakistan was the fifth largest supply of immigration to Canada, with greater than 250,000 Canadians of Pakistani origin dwelling within the nation.

Speaking on the event, Pakistan’s Acting High Commissioner to Canada, Shahbaz Malik, expressed confidence that bilateral relations between Pakistan and Canada would additional broaden within the days forward to embody a full spectrum of political, financial, safety, and cultural arenas for the mutual good thing about each international locations and their individuals.

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He mentioned each Pakistan and Canada proceed to cooperate on bilateral and multilateral fora due to a commonality of views on various international challenges like peace and safety, local weather change, and multilateralism.

He lauded Canada’s “invaluable humanitarian support to Pakistan through the Covid-19 pandemic.”

Published in Dawn, May fifteenth, 2022

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