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PM Carney’s Saudi Arabia trip a ‘high-water mark’ for relations: Business leader
Carney will join a signing ceremony and meet business leaders as Canada and Saudi Arabia work to resolve tax and investment barriers.
- Prime Minister Mark Carney arrived in Jeddah, Saudi Arabia, on Wednesday to meet with Crown Prince Mohammed and business leaders, aiming to deepen bilateral trade and investment.
- Following a 2018 diplomatic row, Canada has been working to mend ties, with ambassadors formally restored in 2023 after their removal during the dispute.
- Jeff Steiner, chair of the Canada-Saudi Arabia Business Council, told reporters the visit is a "high-water mark" for relations, noting Saudi Arabia is "making mining their second pillar."
- Carney's Thursday agenda includes meetings with Saudi Aramco CEO Amin Nasser and Industry and Mineral Resources Minister Bandar al Khorayef, accompanied by Finance Minister François-Philippe Champagne.
- Champagne is working to resolve double taxation issues between the two countries, as officials seek to remove investment frictions that currently hinder business market entry.
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Prime Minister Mark Carney is in Saudi Arabia to meet Crown Prince Mohammed bin Salman and business leaders, with a view to strengthening bilateral trade and investment.
·Montreal, Canada
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PM Carney's Saudi Arabia trip a 'high-water mark' for relations: Business leader
JEDDAH — Prime Minister Mark Carney is in Saudi Arabia for meetings with Crown Prince Mohammed bin Salman and business leaders, as he seeks to deepen bilateral trade and investment. Carney will take part in a signing ceremony at the Saudi Arabia-Canada Investment Forum and is later scheduled to speak with reporters. Jeff Steiner, chair […]
·Toronto, Canada
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Total News Sources20
Leaning Left14Leaning Right0Center6Last UpdatedBias Distribution70% Left
Bias Distribution
- 70% of the sources lean Left
70% Left
L 70%
C 30%
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