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Our discussions centred around three broad categories. The first one is macroeconomic developments, which we have to assess for ourselves and domestic policy priorities for both countries, each for its own. So India has demonstrated remarkable macroeconomic resilience. We also recognised the complementarities between the two economies, India and... show more

Nirmala Sitharaman Office

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India-Canada bilateral relations have seen a remarkable transformation in recent times, underpinned by our shared values of democracy and pluralism, expanding economic engagement, an unprecedented pace of high-level interactions and the strength of our people-to-people ties. This is a community that sits inside Canadian boardrooms, on the trading floors of Bay Street, inside the risk committees of the pension funds. It is, in the truest sense, a strategic bridge between two vibrant democracies and two innovation-driven economies. - Smt Nirmala Sitharaman in Toronto (1/n)

India-Canada bilateral relations have seen a remarkable transformation in recent times, underpinned by our shared values of democracy and pluralism, expanding economic engagement, an unprecedented pace of high-level interactions and the strength of our people-to-people ties. This is a community that sits inside Canadian boardrooms, on the trading floors of Bay Street, inside the risk committees of the pension funds. It is, in the truest sense, a strategic bridge between two vibrant democracies and two innovation-driven economies. - Smt Nirmala Sitharaman in Toronto (1/n)

Nirmala Sitharaman Office

18,895 Aufrufe • vor 15 Tagen

Watch Mr Gabriel Miller, President & CEO of Universities Canada, describe his meeting with Union Finance Minister Smt. Nirmala Sitharaman at the high-level Business Roundtable discussion with investors, in Toronto, Canada: “It was a really inspiring and I think encouraging conversation today with the Minister because it's such an exciting time in the relationship between Canada and India, and here we have one of the most important leaders in the Indian government, a woman who's very, very modest, who's very, very calm, but obviously also has big, big ideas about the future of that country and is eager to be working with Canada to create jobs and opportunity for both of our countries.” India in Canada

Watch Mr Gabriel Miller, President & CEO of Universities Canada, describe his meeting with Union Finance Minister Smt. Nirmala Sitharaman at the high-level Business Roundtable discussion with investors, in Toronto, Canada: “It was a really inspiring and I think encouraging conversation today with the Minister because it's such an exciting time in the relationship between Canada and India, and here we have one of the most important leaders in the Indian government, a woman who's very, very modest, who's very, very calm, but obviously also has big, big ideas about the future of that country and is eager to be working with Canada to create jobs and opportunity for both of our countries.” India in Canada

Ministry of Finance

20,265 Aufrufe • vor 14 Tagen

The commitment from the Government of India is that we want Canadian investors to come and have greater engagement with India. India is the economy in which people should take interest, because with that kind of population, with that kind of purchasing power, consumption and demand exist. India should be the place where all of us will have to really put interest, in the sense of investing both money and our attention. - Smt Nirmala Sitharaman in Toronto

The commitment from the Government of India is that we want Canadian investors to come and have greater engagement with India. India is the economy in which people should take interest, because with that kind of population, with that kind of purchasing power, consumption and demand exist. India should be the place where all of us will have to really put interest, in the sense of investing both money and our attention. - Smt Nirmala Sitharaman in Toronto

Nirmala Sitharaman Office

15,395 Aufrufe • vor 15 Tagen

Forging global partnerships is essential to our development. The Government of India, through its accomplishments and innovations, stands as an excellent development partner. My visit here has solidified the tremendous potential for collaboration, and we have already signed key partnership agreements. India has made significant strides in its development and, though much larger than Jamaica, it has faced and overcome many of the same challenges we now confront. Despite the physical distance between Jamaica and India, we share common bonds through culture, the Commonwealth, CARICOM, and cricket. India’s willingness to deepen our friendship and cooperation is a testament to the great mutual benefits that can be achieved by working together. Jamaica should view this renewed push for cooperation as an important step toward the overall improvement of our people. Beyond government-to-government cooperation, we are focused on health, education and training, energy, technology, and sports. India has a large and vibrant business community, and Jamaica is an excellent destination for investment. My heartfelt thanks go to Prime Minister Modi for the warm reception extended to Jamaica and for the hand of cooperation. I look forward to the positive impact of our discussions on both the people of India and Jamaica.

Forging global partnerships is essential to our development. The Government of India, through its accomplishments and innovations, stands as an excellent development partner. My visit here has solidified the tremendous potential for collaboration, and we have already signed key partnership agreements. India has made significant strides in its development and, though much larger than Jamaica, it has faced and overcome many of the same challenges we now confront. Despite the physical distance between Jamaica and India, we share common bonds through culture, the Commonwealth, CARICOM, and cricket. India’s willingness to deepen our friendship and cooperation is a testament to the great mutual benefits that can be achieved by working together. Jamaica should view this renewed push for cooperation as an important step toward the overall improvement of our people. Beyond government-to-government cooperation, we are focused on health, education and training, energy, technology, and sports. India has a large and vibrant business community, and Jamaica is an excellent destination for investment. My heartfelt thanks go to Prime Minister Modi for the warm reception extended to Jamaica and for the hand of cooperation. I look forward to the positive impact of our discussions on both the people of India and Jamaica.

Andrew Holness

17,143 Aufrufe • vor 1 Jahr

#WATCH | Delhi: On being asked how confident Moscow is about the India-Russia energy cooperation, Russian Ambassador to India, Denis Alipov, says, "The question is - how confident is India? India has shown that it's able to stand its ground and defend its national interests. And when we speak about the sanctions pertaining to oil trade, the tariffs are also related to the cooperation between Russia and India in oil supplies. These interests are paramount for India. We would be ready to supply as much oil as India needs. Unfortunately, those who impose sanctions and tariffs have taken the path of pressure tactics instead of honest cooperation, which prevents those countries from offering a better deal to India in oil than us. The world will not cope if Russian oil is excluded. The energy markets cannot afford that. Russian oil will stay in the market for India and other countries. We are interested in supplying oil to India. India is interested in buying that oil..."

#WATCH | Delhi: On being asked how confident Moscow is about the India-Russia energy cooperation, Russian Ambassador to India, Denis Alipov, says, "The question is - how confident is India? India has shown that it's able to stand its ground and defend its national interests. And when we speak about the sanctions pertaining to oil trade, the tariffs are also related to the cooperation between Russia and India in oil supplies. These interests are paramount for India. We would be ready to supply as much oil as India needs. Unfortunately, those who impose sanctions and tariffs have taken the path of pressure tactics instead of honest cooperation, which prevents those countries from offering a better deal to India in oil than us. The world will not cope if Russian oil is excluded. The energy markets cannot afford that. Russian oil will stay in the market for India and other countries. We are interested in supplying oil to India. India is interested in buying that oil..."

ANI

32,695 Aufrufe • vor 6 Tagen

Glad to see our Hon'ble Finance Minister, Smt. Nirmala Sitharaman ji refer to stablecoins and how countries around the world have just two options: to either explore it or risk exclusion. I personally believe that India should embrace stablecoins! India receives over $125B in remittances annually, and stablecoins can reduce costs from 6-7% to just 1-3% saving us billions in fees. India already has one of the world's best fintech ecosystems and we have a great opportunity to embrace virtual digital assets and further leapfrog in the digital revolution. 🇮🇳💪

Glad to see our Hon'ble Finance Minister, Smt. Nirmala Sitharaman ji refer to stablecoins and how countries around the world have just two options: to either explore it or risk exclusion. I personally believe that India should embrace stablecoins! India receives over $125B in remittances annually, and stablecoins can reduce costs from 6-7% to just 1-3% saving us billions in fees. India already has one of the world's best fintech ecosystems and we have a great opportunity to embrace virtual digital assets and further leapfrog in the digital revolution. 🇮🇳💪

Sumit Gupta (CoinDCX)

35,813 Aufrufe • vor 11 Monaten

#WATCH | Cyprus: On PM Modi's visit to Cyprus, Manish, High Commissioner of India to the Republic of Cyprus, says, "I am trying to push the economic agenda between the India-Cyprus Economic Corridor. We have a policy to become a ‘developed India’ by 2047, and they have ‘Vision 2035’, so there is a synergy there, so we have to see how we can use each other’s strengths and work together to achieve them. I think Cyprus’ advantage is that it can serve as a gateway to the European Union as well as the larger region around it. Cyprus also understands that it has to work with India and it is quite evident that they are reaching out to India to build better relations, to focus more on economic issues, because they know that India is the fastest growing economy in the world. And similarly, if you see, Cyprus is the fastest growing economy in the European Union and they have their own advantages. We have our own strengths and advantages, so we have to work on every aspect of economic engagement…"

#WATCH | Cyprus: On PM Modi's visit to Cyprus, Manish, High Commissioner of India to the Republic of Cyprus, says, "I am trying to push the economic agenda between the India-Cyprus Economic Corridor. We have a policy to become a ‘developed India’ by 2047, and they have ‘Vision 2035’, so there is a synergy there, so we have to see how we can use each other’s strengths and work together to achieve them. I think Cyprus’ advantage is that it can serve as a gateway to the European Union as well as the larger region around it. Cyprus also understands that it has to work with India and it is quite evident that they are reaching out to India to build better relations, to focus more on economic issues, because they know that India is the fastest growing economy in the world. And similarly, if you see, Cyprus is the fastest growing economy in the European Union and they have their own advantages. We have our own strengths and advantages, so we have to work on every aspect of economic engagement…"

ANI

46,372 Aufrufe • vor 1 Jahr

Watch Mr. Pranav Kapuria, Managing Director, The Hi-Tech Gears, describe his experience after attending a high-level Business Roundtable discussion with Union Finance Minister Smt. Nirmala Sitharaman, in Toronto, Canada: “We had a wonderful interaction with the Honourable Finance Minister, the High Commissioner, we had the Chief Economic Advisor. It was a diverse group of Canadian industry houses and of course institutional leaders. And I think it was a very candid conversation where a lot of opportunities between India and Canada which is a natural cultural integration and industry integration. A lot of things were talked about and I think a lot of opportunities will emerge. There's already a lot of government-to-government and bureaucracy-to-bureaucracy work which is happening. India and Canada are extremely complementary economies and countries and I think I look forward to just a deeper relationship. We as a company have manufacturing facilities in Canada and India and we already experience the value that we can add to being a globally competitive organisation. Thank you.” India in Canada

Watch Mr. Pranav Kapuria, Managing Director, The Hi-Tech Gears, describe his experience after attending a high-level Business Roundtable discussion with Union Finance Minister Smt. Nirmala Sitharaman, in Toronto, Canada: “We had a wonderful interaction with the Honourable Finance Minister, the High Commissioner, we had the Chief Economic Advisor. It was a diverse group of Canadian industry houses and of course institutional leaders. And I think it was a very candid conversation where a lot of opportunities between India and Canada which is a natural cultural integration and industry integration. A lot of things were talked about and I think a lot of opportunities will emerge. There's already a lot of government-to-government and bureaucracy-to-bureaucracy work which is happening. India and Canada are extremely complementary economies and countries and I think I look forward to just a deeper relationship. We as a company have manufacturing facilities in Canada and India and we already experience the value that we can add to being a globally competitive organisation. Thank you.” India in Canada

Ministry of Finance

20,780 Aufrufe • vor 14 Tagen

India has consistently placed people at the centre of its development strategy. Through targeted policy interventions, we have lifted 250 million people out of multidimensional poverty, and empowered communities through inclusive Digital Public Infrastructure (DPI). However, for robust global growth, national efforts must be complemented by an enabling international environment. We remain committed to South-South and Triangular Cooperation. We support the call for a reversal in the decline of ODA, and urge developed countries for enhancing climate finance that is predictable, accessible, and concessional - particularly for adaptation in vulnerable countries. In the spirit of India’s civilizational ethos - 'Vasudhaiva Kutumbakam’ or ‘The World is one family’ - we must unite in our efforts to drive meaningful change that benefits all. - Smt Nirmala Sitharaman in her statement at Third Plenary Meeting during the #FFD4 in Seville, Spain. Ministry of Finance India in Spain

India has consistently placed people at the centre of its development strategy. Through targeted policy interventions, we have lifted 250 million people out of multidimensional poverty, and empowered communities through inclusive Digital Public Infrastructure (DPI). However, for robust global growth, national efforts must be complemented by an enabling international environment. We remain committed to South-South and Triangular Cooperation. We support the call for a reversal in the decline of ODA, and urge developed countries for enhancing climate finance that is predictable, accessible, and concessional - particularly for adaptation in vulnerable countries. In the spirit of India’s civilizational ethos - 'Vasudhaiva Kutumbakam’ or ‘The World is one family’ - we must unite in our efforts to drive meaningful change that benefits all. - Smt Nirmala Sitharaman in her statement at Third Plenary Meeting during the #FFD4 in Seville, Spain. Ministry of Finance India in Spain

Nirmala Sitharaman Office

11,550 Aufrufe • vor 1 Jahr

#WATCH | Delhi: During press statement with Prime Minister Narendra Modi, Japanese PM Sanae Takaichi says, "You called me a beautiful younger sister, Prime Minister Modi but at, the small meeting before the big meeting, we we confirmed that we are on the same page and develop this relationship as brother and sister. Japan and India must leverage our respective strength to become stronger and more prosperous together. In the midst of international affairs in disarray, the establishment of such inter complementary cooperative relationship has become ever more important. From such perspective, as Prime Minister Modi and I engaged in discussions over diverse issues, we again reminded of the many goals we share. We confirmed to place the following three points at the center of our cooperation. First, to deepen the strategic cooperation between Japan And India. Our two countries share the vision on the profile of international order we should establish under the current international situation. I recently announced the updated FOIP (Free and Open Indo Pacific) which focuses on self reliance and resilience to realize FOIP. On the other hand, Prime Minister Modi positions the ocean as a shared space that supports regional stability and growth and is promoting the Mahasagar, the great Ocean Initiative for countries across the Indian Ocean to defend their sovereignty and the sea through their own efforts, which is perfectly aligned with FOIP. Thus, we agreed to deepen the strategic cooperation between Japan and India to achieve such common goals. Expansion of maritime security cooperation is especially important for regional peace and stability..." (Source: DD News)

ANI

396,062 Aufrufe • vor 2 Monaten

#WATCH | Delhi: Iran's Ambassador to India, Mohammad Fathali, says, "... This is our suffering, and vice versa. For this reason, the Government of India helps us, and we should also help the Government of India, because we share common faith and common interests. As the Ambassador in India, we believe that we have a common faith in the region. For this reason, all the high-ranking officials from Iran have instructed the Embassy of Iran in India to pave the way for cooperation between the Iranian and Indian governments."

#WATCH | Delhi: Iran's Ambassador to India, Mohammad Fathali, says, "... This is our suffering, and vice versa. For this reason, the Government of India helps us, and we should also help the Government of India, because we share common faith and common interests. As the Ambassador in India, we believe that we have a common faith in the region. For this reason, all the high-ranking officials from Iran have instructed the Embassy of Iran in India to pave the way for cooperation between the Iranian and Indian governments."

ANI

41,682 Aufrufe • vor 6 Monaten

During her official visit to the United Kingdom, Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman met Rt. Hon. Keir Starmer, Prime Minister of the United Kingdom, in presence of Ms. Rachel Reeves Chancellor of Exchequer of the UK, and discussed trade and investment, and issues of mutual interest between the two countries. Earlier in the day, FM Smt. Nirmala Sitharaman and Chancellor Ms. Rachel Reeves co-chaired the 13th Economic and Financial Dialogue in London, reaffirming commitment to continue collaboration in financial services sector, FinTech and Digital economy and between the respective regulatory bodies; collaboration at bilateral and multilateral fora to address mutual and global economic issues.

During her official visit to the United Kingdom, Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman met Rt. Hon. Keir Starmer, Prime Minister of the United Kingdom, in presence of Ms. Rachel Reeves Chancellor of Exchequer of the UK, and discussed trade and investment, and issues of mutual interest between the two countries. Earlier in the day, FM Smt. Nirmala Sitharaman and Chancellor Ms. Rachel Reeves co-chaired the 13th Economic and Financial Dialogue in London, reaffirming commitment to continue collaboration in financial services sector, FinTech and Digital economy and between the respective regulatory bodies; collaboration at bilateral and multilateral fora to address mutual and global economic issues.

Ministry of Finance

18,970 Aufrufe • vor 1 Jahr

#WATCH | Mumbai, Maharashtra: Canadian Foreign Minister Anita Anand says, "...I am so happy to be here in India, in Mumbai today. The main message that Canada is bringing to India is that we are here to elevate the relationship with India. We have a focus on domestic public security in Canada and at the same time, we are working to strengthen the economic relationship with India across various sectors, which include AI, energy, agriculture and agro-food, climate and environmental sustainability, as well as people-to-people and business-to-business ties. This is a comprehensive final statement that we released yesterday, and we look forward to working with India in the next iterations of the Canada-India relationship. But as I said, there are two main priorities - public safety at home and economic relationship."

#WATCH | Mumbai, Maharashtra: Canadian Foreign Minister Anita Anand says, "...I am so happy to be here in India, in Mumbai today. The main message that Canada is bringing to India is that we are here to elevate the relationship with India. We have a focus on domestic public security in Canada and at the same time, we are working to strengthen the economic relationship with India across various sectors, which include AI, energy, agriculture and agro-food, climate and environmental sustainability, as well as people-to-people and business-to-business ties. This is a comprehensive final statement that we released yesterday, and we look forward to working with India in the next iterations of the Canada-India relationship. But as I said, there are two main priorities - public safety at home and economic relationship."

ANI

71,994 Aufrufe • vor 11 Monaten

India has increased its commitment to climate action. Six years ago, we were spending approximately 3.7% of our GDP on climate action. Today, that figure is close to 5.6%. We have invested the funds. We are not waiting for financing and technology to come from elsewhere but they must come. – Smt. Nirmala Sitharaman in Munich, Germany

India has increased its commitment to climate action. Six years ago, we were spending approximately 3.7% of our GDP on climate action. Today, that figure is close to 5.6%. We have invested the funds. We are not waiting for financing and technology to come from elsewhere but they must come. – Smt. Nirmala Sitharaman in Munich, Germany

Nirmala Sitharaman Office

18,092 Aufrufe • vor 6 Monaten

As we strive towards the 2030 Agenda, the financing gap for Sustainable Development Goals (SDGs) in developing countries has widened to over $4.2 trillion annually post-pandemic, reflecting the widening gap between ambition and reality. - Smt Nirmala Sitharaman during the Flagship Governors Seminar on the theme: 'Challenges for Financing Sustainable Development for the Global South' in Rio de Janeiro, Brazil. PIB India Ministry of Finance India In Brazil #NDBAnnualMeeting #NDBAM25

As we strive towards the 2030 Agenda, the financing gap for Sustainable Development Goals (SDGs) in developing countries has widened to over $4.2 trillion annually post-pandemic, reflecting the widening gap between ambition and reality. - Smt Nirmala Sitharaman during the Flagship Governors Seminar on the theme: 'Challenges for Financing Sustainable Development for the Global South' in Rio de Janeiro, Brazil. PIB India Ministry of Finance India In Brazil #NDBAnnualMeeting #NDBAM25

Nirmala Sitharaman Office

15,405 Aufrufe • vor 1 Jahr