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Peru eyes Canadian naval market

Peru eyes Canadian naval market

Posted by Juan Gavasa on July 09, 2014

Peru’s Shipyard Marine Industrial Services (Sima) and the Canadian Commercial Corporation (CCC) have signed a memorandum of understanding (MoU) that enables Peru’s companies to enter the Canadian naval market, according to news reports out of Lima.

Sima is a state firm which offers boat building, ship repair, metal engineering and maritime manufacturing, according to the reports.

The new agreement aims to increase naval industrial relations between the two nations in areas such as technology and equipment transfer, the reports add.

In May 2013, Prime Minister Stephen Harper announced the signing of a memorandum of understanding (MOU) between the Canadian Commercial Corporation (CCC) and the Ministry of Defense of the Republic of Peru, which the government stated would create new opportunities for Canadian businesses in the defence and security sector. (a somewhat slightly different interpretation than the one held by Peruvian news media).

“Canada and Peru enjoy growing bilateral relations based on a mutual commitment to regional stability and prosperity in the Americas,” Harper said in a statement at the time. “Today’s announcement will enable Peru to acquire the equipment and expertise it needs to fulfill the country’s defence and security agenda, while creating opportunities for Canadian businesses.”

The MOU between the CCC and the Peruvian Ministry of Defense aims to deepen defence and security relations between the two countries, and to facilitate and improve cooperation for the purchase of services or military and defence equipment by Canadian companies to the Peruvian Ministry of Defense.

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