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Canada’s West Coast oil pipeline project is completed, hoping to open up the Asian market and reduce dependence on the United States | International | Central News Agency CNA



2026/7/3 18:55 (updated at 7/3 19:31) Please agree to our privacy policy to enable the news listening function. (Central News Agency, Montreal, Comprehensive Foreign Reports on the 2nd) Canadian Prime Minister Carney today obtained the agreement from the Province of British Columbia to build an investment agreement for a major oil pipeline, overcoming the original opposition of the westernmost province. This allows Canadian oil production to be exported from the West Coast into new Asian markets, reducing economic dependence on the United States. Agence France-Presse reported that the pipeline starts in the oil-rich Canadian province of Alberta and will span the entire British Columbia province. It is expected to transport 1 million barrels of oil per day to the west coast of Canada. Mark Carney has said that the pipeline will help Canada achieve its goal of becoming an “energy powerhouse.” One of Canada’s strategies in response to the trade war launched by U.S. President Donald Trump is to open up more international markets. The Carney government signed a memorandum of cooperation (MOU) with the conservative province of Alberta more than seven months ago. Premier Danielle Smith announced at a press conference jointly held with Carney today that the provincial government has officially submitted the investment case to federal authorities. B.C.’s leadership until recently expressed opposition to the multi-billion-dollar investment deal, fearing environmental impacts and risks to Indigenous communities. Canada’s indigenous groups have expressed opposition to the plan. British Columbia Premier David Eby said today that according to the agreement, new liquefied natural gas (LNG) facilities and port infrastructure will be built in British Columbia while ensuring environmental protection measures. Carney said “it’s time to take action” and that the process of consulting indigenous groups would “begin immediately.” (Internship editor: Hong Yutong/Verification: Zhang Zhengqian) 1150703 Support Central News Agency’s choice to stand with the facts. Every sponsorship you make is a force to protect press freedom. Small-amount sponsorship downloads the Central News Agency’s “First-hand News” APP to get the latest news in real time. The text, pictures, and audio and video of this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.



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South Korea’s Chungcheong Advanced Industry Cultivation Project Enterprises will invest 392 trillion won | International | Central News Agency CNA



2026/7/2 12:32 (Updated at 7/2 12:47) Please agree to our privacy policy to enable the news listening function. The South Korean government held a “National Report on the Vision for the Development of Advanced Industries in the Chungcheong Area” on the 2nd. President Lee Jae-myung (front, center) attended. (Yonhap News Agency) (Central News Agency reporter Yang Qifang’s exclusive report from Seoul on the 2nd) South Korea today announced the “Chungcheong Circle Next-Generation Cutting-edge Industry Cultivation Strategy”. Samsung, SK Hynix and other companies will invest approximately 392 trillion won in the Chungcheong Circle. President Lee Jae-myung said that Chungcheong has unlimited growth potential and will become the core of the world leading the AI ​​era. According to Yonhap News Agency, the South Korean government announced the “Cultivation Strategy for Next-Generation Cutting-edge Industries in the Chungcheong Circle” at the “National Report on the Vision for the Development of Cutting-edge Industries in the Chungcheong Circle” held in Asan City, Chungcheongnam-do Province today, and will launch a comprehensive policy plan to support large-scale investment by enterprises. Samsung Electronics, SK Hynix, Celltrion and other companies will invest approximately 392 trillion won (approximately NT$8 trillion) in the Chungcheong Circle, focusing on semiconductors, displays, secondary batteries and components, biotechnology and other fields. After announcing investment plans for the Southwest Circle on June 30, these companies announced their investment plans for the Chungcheong Circle today. South Korean President Lee Jae-myung said at the National Report, “Chungcheong has unlimited growth potential. If coupled with strategic investment from enterprises and the government’s firm will, Chungcheong will not only become the center of South Korea’s cutting-edge industries, but also become the world’s innovation core leading the AI ​​era.” Lee Jae-myung pointed out that Chungcheong carries the dream and hope of balanced land development and breaks the over-concentration phenomenon in the capital area. “The major transformation to reopen Korea’s overall growth space begins with Chungcheong.” Lee Jae-myung emphasized that the government will not miss the major opportunity to combine the balanced development base with the cutting-edge industry base, and will use all available means to actively support enterprises. Lee Jae-myung also expressed his gratitude and encouragement to the companies. He said that Samsung, SK Hynix and Cetelian announced large-scale investment plans to cultivate cutting-edge industries in the Chungcheong area. “On behalf of the people, I would like to thank you for making such a decisive decision.” (Editor: Zhang Zhixuan) 1150702 Support the Central News Agency’s choice to stand with the facts. Every donation you make is a small amount of support to protect press freedom. Download the Central News Agency’s “First-hand News” APP to get the latest news in real time. The text, pictures and audio and video of this website may not be reproduced, publicly broadcast or publicly transmitted and used without authorization.



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