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Tuesday, July 27, 2021

Canada, Pakistan vow to promote bilateral interests, energy cooperation

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ISLAMABAD: The Canadian High Commissioner to Pakistan Mr. Ross Hynes paid a courtesy call on the Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar here on Friday. Welcoming the newly appointed dignitary to Pakistan and congratulating him on assuming charge, the Minister expressed his keen desire to work together for promoting and further enhancing cooperation between the two countries in energy and various other areas of mutual interest.

Syed Naveed Qamar said that Pakistan attached immense value to its relations with Canada. He said that a number of Canadian companies operating in Pakistan were a testimony of not just, the strong bonds of friendship between the two countries but also sent a positive and encouraging signal to prospective investors contemplating to venture in the country.

The two discussed the status of Canadian investments through its various companies, in the oil and gas exploration and production and mineral resources development, as well as the Pakistani interests and deliberated upon the ways and means of promoting bilateral cooperation for the mutual benefit of both the countries.

Syed Naveed Qamar highlighted that the presence of renowned companies of Canada like Barrick Gold and NIKO Resources in Pakistan is encouraging.

Barrick Gold in Joint Venture with Antofagasta Plc of Chile and the Government of Baluchistan is actively engaged in developing mineral resources of Reko-Diq Copper Gold deposits in Chagai district of Baluchistan, whereas NIKO Resources is involved in exploration and production activities in three offshore blocks.

Mr. Hynes said that Pakistan possessed tremendous potential and the Pakistani community and Canadians of Pakistani ethnicity were playing a prominent and appreciable part in the socioeconomic development of Canada.The High Commissioner also apprised the Minister of the contributions for humanitarian assistance made so far amounting to the tune of 42 million Canadian dollars for flood relief reconstruction and rehabilitation effort underway in the country.

He said that 28 prefabricated bridges were on their way to Pakistan to be assembled on-site to replace bridges smashed by the ravaging floods.

Syed Naveed Qamar also discussed the possibility of reviving Canadian International Development Agency (CIDA) funding for various projects of the Ministry of Petroleum and Natural Resources through its Oil and Gas Sector Programme (OGSP) for capacity building by arranging professional trainings to government officials and improvement of IT infrastructure, office equipment of the Ministry.-SANA

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