Canada: Saudi Arabia has become one of the most important pillars of the global economy

Canadian Prime Minister Mark Carney confirmed that the Kingdom of Saudi Arabia has become one of the most prominent global economic powers, praising the rapid growth it is achieving in various sectors and the structural transformations it is witnessing within the framework of “Saudi Vision 2030.”

During his participation in the Saudi-Canadian Investment Forum held in Jeddah, Carney announced his country’s desire to expand cooperation with the Kingdom, especially in strategic sectors, especially energy and mining, stressing that the economic relations between the two countries have great opportunities for growth.

He pointed out that the mining sector represents one of the most prominent areas of future partnership, pointing out that the Kingdom has strengthened its position in recent years as a major player in the global mining industry, supported by large investments that contributed to the development of this sector.

The Canadian Prime Minister called for strengthening cooperation between Canadian and Saudi expertise in the fields of geology and mining, with a focus on training programs and knowledge transfer, which contributes to preparing qualified national cadres capable of keeping pace with modern technologies, including artificial intelligence applications.

He added that Canadian educational institutions possess the necessary expertise to support qualification and training programs in the Kingdom, thus enhancing the development of technical and digital skills for workers in the mining sector.

Carney also stressed the importance of building reliable international partnerships in the minerals sector, noting that about 40% of major mining companies around the world depend on strategic partnerships, which opens broad horizons for Saudi-Canadian cooperation.

He concluded his statements by emphasizing that the world today needs reliable partners in the mining sector, expressing his country’s aspiration to deepen cooperation with the Kingdom in a way that serves the interests of both countries and meets the needs of global markets.