Dr. Reddy to discuss bilateral Issues with Canadian delegation

12 Jan '08

2 min read

Minister of State for Mines Dr. T. Subbarami Reddy met Canadian delegation to discuss about mining related bilateral issues. The delegation was headed by Ms. Sandra Pupatello, Minister of Economic Development and Trade.

The other members of the delegation include Mr. Harinder Taklhar, Ontario Minister of Small Business and Entrepreneurship, Mr. Fareed Amin, Deputy Minister of Economic Development and Trade, Mr. Bill Forward, Assistant Deputy Minister of Economic Development and Trade and Ms. Shirley Townsend, Counsellor – (Commercial – Ontario), Canadian High Commission.

Canada is known for its rich mineral resources of Nickel, Coal, Copper, Iron Ore and Gold. Canadian Mineral Metal Industry is contributing 3.7% of its GDP employing over 6% of its work force. The minerals and metals constitute 17% of total Canada's export.

Union Government of India is committed for self-sufficiency in exploration and mining of gold and diamonds, which is accounting for an annual import bill for Rs. 1.4 lakh crores.

Dr. Reddy, Minister of State for Mines has requested Canadian Government for transfer of technology for exploration and mining of gold and diamonds for which the delegation responded favourably.

Minister is confident to achieve unearthing of huge resources of gold and diamonds in next five years in which Canada also agreed to extend their technology.

At the request of Dr. Reddy, the Canadian delegation assured to expedite the supply of Helicopter with modern state of air-borne technology to Geological Survey of India for exploration of mineral wealth of the nation.

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