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Canadian Trade Minister Replies Potash World War
Author : Himfr Echo
Submitted : 2011-12-05 13:12:51 Word Count : 683 Popularity: 0
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With "triumphant" is the word to describe Peter Fan Luoan seems more relevant. The office less than a year when the Canadian International Trade Minister to speak habitual Yangqimeimao always revealed his action seems to work already found out the color of the "tricks."
Fan Luoan spirits, said: "The world wants to do business with China, Canada, of course, not be left behind."
This is his Potash Corporation of Saskatchewan of Canada welcomes Chinese capital to enter the is made of the answer.
Chinese companies to invest in Canada in the past has been common, so far, no case is rejected, this may be a good signal.
August, Potash Corporation of Saskatchewan rejected BHP Billiton 385 billion hostile takeover plans. Potash Corporation of Saskatchewan CEO, said BHP Billiton is not the only bidders, the company has contacted other potential acquirer.
According to reports, China Sinochem International Co., Ltd. has recently approached the Government of Singapore investment company Temasek Holdings, to discuss a potential bid for Potash Corporation of Saskatchewan matters, but Temasek has not decided whether to join the competition purchase plan.
Fanluo An said, adding if the Chinese companies involved in potassium acquisition to disclose their present, but he certainly has always welcomed foreign investment in Canada, to invest in various fields, including resources and energy.
"Of course in some resource and energy-sensitive industries, Canada's foreign ownership to set a certain threshold, such as a certain percentage of foreign ownership restrictions and so on." He added, "I think this is understandable."
"We not only welcome the Chinese capital to enter Canada, we are also keen to establish closer with China partnership, this relationship for both sides means more jobs, prosperity and economic development of the market." Fanluo An said.
Here, Fan Luoan asked the reporter, "For now, China's exports to Canada is Canada's exports to China 4 times, we were left behind, but this is often the most likely to make a difference, is not it? "
He is currently a reporter asked what he seemed a little embarrassed again Yangqimeimao: "We set up in China more business offices."
"China, Canada is a very important trading partner, Canada is seeking to become the best investment destination in China." Fanluo An explained, "because we have unique advantages, including the low-tax, rapid economic development and We are most proud of the banking system, the system successfully helped Canada survive the financial crisis, becoming the first in the Group of Seven countries out of recession. "
In June 2010 President Hu Jintao's state visit to Canada, Stephen Harper • Prime Minister said Canada would stick between the two countries to strengthen economic, social and political ties commitments; Canada also recently welcomed the signing of the Canadian tourist destination agreement first China tour, Fanluo An said.
"This is a real milestone, and will help strengthen our highly valued links between people, either through travel or through commercial cooperation." Fanluo An said.
"I believe that no matter what time of interaction between people contact is the most important, as we trade with China, like the present." Trade ministers of the 40s said.
He said that in October this year will be the 40th anniversary of establishment of diplomatic relations between Canada and the anniversary of China, Canada and China is currently carried out in many fields, active cooperation, on bilateral economic and trade exchanges is made great progress, China is now Canada The world's second largest trading partner after the United States of its status.
"China is now in the global supply chain not only play an important role, but also became the world's second largest economy, which makes Canada's trade with China has benefited." Fanluo An said.
According to Fanluo An introduction, since 2006, bilateral trade volume between Canada and China, an average annual increase rate of 6.3%. The bilateral trade volume in 2009 nearly 51 billion U.S. dollars, is 15 billion U.S. dollars 10 years ago, trade more than 3 times.
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