Canadian Manufacturing

OTTAWA — Export Development Canada (EDC) and SK Group signed a MoU to advance export trade and investments between Canada and the Republic of Korea.

With a focus on two of EDC’s priority sectors, clean technology and advanced manufacturing, this partnership will try to support businesses focused on hydrogen, carbon capture and storage, critical minerals, electrical vehicle batteries, offshore wind, and more.

Through the MoU, EDC brings financing and structuring expertise, as well as deep relationships with Canadian clean technology and advanced manufacturing exporters and investors that can support Korea’s current and future economy.

“This exciting new partnership with SK Group will further deepen Canada and Korea’s two-way trade, particularly in areas that support both countries’ commitment to build economically resilient, innovative and sustainable nations,” said Todd Winterhalt, senior VP of international markets.

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“With Korea’s ambitious net zero goals, including their commitment to the Korea Green New Deal, Canadian technology, innovation and capital can all play an important role,” Winterhalt added.

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