A Canadian minister has pointed out great potential for cooperation between a G8 economy like his country and Vietnam, a dynamic developing economy, especially in marine navigation and cargo handling.
Stockwell Day, President of the Treasury Board and Minister Responsible for the Asia-Pacific Gateway Corridor Initiative of Canada, made the statement at a meeting with relevant businesses from Vietnam and Canada in Hanoi on November 10.
The Canadian minister said his first-ever Vietnam visit aimed to promote the Asia-Pacific Gateway Corridor initiative (APGCI) in an effort to fully tap Canada’s strategic position in the waterway between North America and rapidly-growing economies in Asia, including Vietnam.
The Asia-Pacific gateway and corridor is a hardware network consisting of seaports, key traffic systems of roads and railways and airports throughout Western Canada and Southern United States . So far, the initiative has received commitments of some 3.5 billion Canadian dollars made by the federal government, states, cities and provinces in Western Canada .
Day said that the utilisation of APGCI seaports and marine navigation systems to transport cargoes from Asia to North America will help enterprises save not only costs but also time, not counting stimuli offered by the Federal and local governments of Canada .
During his stay from November 10-11, Day will hold separate working sessions with Minister of Planning and Investment Vo Hong Phuc and Minister of Home Affairs Tran Van Tuan.
He will also visit Ho Chi Minh City to launch an APGCI promotion campaign.
He took this opportunity to announce a donation of relief aid of 50,000 Canadian dollars for some 6,000 families in flood-hit Ha Tinh and Quang Binh provinces in central Vietnam./.
Stockwell Day, President of the Treasury Board and Minister Responsible for the Asia-Pacific Gateway Corridor Initiative of Canada, made the statement at a meeting with relevant businesses from Vietnam and Canada in Hanoi on November 10.
The Canadian minister said his first-ever Vietnam visit aimed to promote the Asia-Pacific Gateway Corridor initiative (APGCI) in an effort to fully tap Canada’s strategic position in the waterway between North America and rapidly-growing economies in Asia, including Vietnam.
The Asia-Pacific gateway and corridor is a hardware network consisting of seaports, key traffic systems of roads and railways and airports throughout Western Canada and Southern United States . So far, the initiative has received commitments of some 3.5 billion Canadian dollars made by the federal government, states, cities and provinces in Western Canada .
Day said that the utilisation of APGCI seaports and marine navigation systems to transport cargoes from Asia to North America will help enterprises save not only costs but also time, not counting stimuli offered by the Federal and local governments of Canada .
During his stay from November 10-11, Day will hold separate working sessions with Minister of Planning and Investment Vo Hong Phuc and Minister of Home Affairs Tran Van Tuan.
He will also visit Ho Chi Minh City to launch an APGCI promotion campaign.
He took this opportunity to announce a donation of relief aid of 50,000 Canadian dollars for some 6,000 families in flood-hit Ha Tinh and Quang Binh provinces in central Vietnam./.
