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Mining agreement signed with India

The B.C. government and the government of India signed a memorandum of understanding.

The B.C. government and the government of India signed a memorandum of understanding on co-operation between the two governments for mineral exploration and mining.

“British Columbia’s world-class mineral resources can help India fuel their growing economy,” said Premier Christy Clark. “Our mining expertise will build new opportunities for trade and investment in both countries that will help create and protect B.C. jobs.”

The MOU outlines mutual government co-operation on sustainable development, revenue sharing, training, geologist exchanges, mineral tenure, investment, health and safety, technology and research related to mineral exploration and mining activities. It will allow both B.C.and India to learn from each other about the mineral industry and build stronger relationships.  The MOU was signed by Additional Secretary Srivastava and Deputy Minister Dana Hayden. Premier Christy Clark and the Minister Dinsha Patel witnessed the MOU signing with other senior industry and government representatives in attendance.

On Nov. 11, a mining roundtable was held in New Delhi and attended by state-level government representatives and industry. At this roundtable, Srivastava expressed India’s serious interest in mining partnerships with B.C.