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Posted By OrePulse
Published: 10 Jul, 2026 09:43

Carney pitches tighter Canada-Saudi mining and energy ties

By: Reuters

Mark Carney, making the first visit to Saudi Arabia by a Canadian prime minister for 26 years, on Thursday said the two nations were well-placed to deepen mining and energy ties.

Carney, who says U.S. tariffs on key exports mean Canada must diversify its trade, has made a series of foreign visits over the last year in a bid to drum up business.

Carney told a televised business forum that Saudi Arabia could help Canadian mining firms develop.

Carney met Amin Nasser, head of state oil giant Saudi Aramco, for talks deepening cooperation.

The two nations agreed to restore full diplomatic ties in 2023, ending the fallout from a 2018 dispute over human rights that damaged relations and trade.

(Reporting by David Ljunggren, Editing by Nick Zieminski)

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