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Canada committed to boosting business partnership with Kuwait
August 25, 2013, 5:15 pm

Canadian Minister of International Trade, Edward Fast, stressed on Sunday on underscoring the Canadian government's commitment to further strengthen partnership with Kuwait as part of the most ambitious trade expansion plan in Canadian history.
The Canadian Minister told Kuwait News Agency KUNA during an exclusive interview, after his meeting with the Kuwaiti Minister of Commerce and Industry, Anas Al-Saleh, that the main goal of his visit is to deepen Canada's trade and investment ties with Kuwait, as there are many opportunities for Canadian firms in key areas in Kuwait where there is robust Canadian expertise, including oil-field equipment and services, health care and education services, telecommunications equipment, aviation and military equipment.

The Minister also announced the opening of a visa application center in Kuwait, to facilitate the issuing of visas for Kuwaitis traveling to Canada, branding the move a "step forward in relations.".

Upon his arrival in the country yesterday, Minister Fast visited the construction site of a future campus of Algonquin College, which is accredited by the Ontario, Canada, Ministry of Training, Colleges and Universities, and one of the largest and highest ranking post-secondary colleges of applied arts and technology in Canada. The Minister described this project as "ambitious", and was thrilled that Canada could provide Kuwaitis with the education skills they need to provide well-paying jobs in the future.
When asked about the opening of the first branch of the retail coffee chain in Canada "Tim Hortons" in Kuwait, Minister Fast was highly impressed by the expanding Canadian franchise, as recent numbers showed the opening of 32 branches in the region. "It is a symbol of what Canada and Kuwait can do to develop commercial relations and people-to-people relations", he said.
In conclusion, the Minister thanked Kuwait for the warm welcome, and was very impressed by its modernisation and the great ambition of its people.

Canada-Kuwait merchandise trade was valued at USD 117.1 million in 2012, he said, also noting that Canada and Kuwait signed a foreign investment promotion and protection agreement (FIPA) in September 2011

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