The Council of Saudi Chambers (CSC) will send a delegation comprising of members from the Saudi-Canadian Business Council (SCBC) to Canada from March 2-6, in order to bolster trade cooperation between the two countries.

"The CSC will send its delegation on a five-day visit starting on March 2 in its efforts to boost trade cooperation and investment opportunities between the Kingdom and Canada," said Rshad Abdullah El Khir, head of media department, CSC on Thursday.

He added that the delegation will be headed by SCBC Chief Imad bin Abdulaziz Al-Zukair and the delegates will comprise members from SCBC and representatives of other concerned parties.

Al-Zukair said the program of the delegation includes organization of meetings with functions of Canadian business sector and development of trade and investment partnerships.

"The delegation will further discuss the ideas on how to remove obstacles facing investments in both the countries," he said.

Moreover, the visit further aims to promote trade and business relations between the two countries, he said terming such visits as good for the exchange of ideas.

The Saudi members of the SCBC met the Kingdom’s envoy in Canada Naif Al-Sudairi at the CSC premises here and explored the prospects of enhancing cooperation during the visit.

The envoy called on the Saudi delegation to represent the Kingdom in a manner that will serve the interests of their country and business community as well, El Khir said.

Notably, a Canadian trade delegation, headed by its deputy minister of international trade Simon Kennedy came here in October and met several officials and major firms with a special focus on renewable energy in the Kingdom and the first Canadian renewable energy mission, ever visited the King Abdullah City for Atomic and Renewable Energy (KACARE), the Saudi Electricity Company (SEC) and ACWA Power to explore cooperation.

Significantly, the volume of trade between the two countries is estimated around SR2 billion, but the figure does not include all the trade between the two countries like any trade that transits through an intermediary country is not reflected in the statistics and varieties of goods are informally traded between Canada and Saudi Arabia through intermediary companies.

Canadian merchandise exports include cereal, foodstuffs, machinery, iron ores and paper products. Canada also is a significant exporter of wheat to the Kingdom, whereas Canada’s primary import from the Kingdom is, not surprisingly, oil.