India, Canada poised to stabilize global growth through investment pact

Finance Minister Nirmala Sitharaman on Monday articulated India's role in bringing predictability to the global economic landscape, signaling the country's readiness to serve as a stable platform for international capital amid ongoing geopolitical uncertainties.

Sitharaman emphasized India's structural advantages and policy consistency during discussions centered on deepening economic ties with Canada. The finance minister underscored that India's macroeconomic stability, growing consumer base, and investment-friendly regulatory environment position it as a counterbalance to volatile global markets.

A key focus of bilateral engagement between the two nations remains the investment protection agreement, which both countries are targeting for completion by year-end. Such an accord would provide enhanced safeguards for investors from each nation, reducing regulatory risk and strengthening the investment corridor between India and Canada.

The initiative reflects broader efforts by New Delhi to attract foreign direct investment and consolidate its standing as a preferred destination for multinational enterprises seeking diversified investment opportunities. Officials noted that synchronized policy frameworks between India and Canada could catalyze capital flows while contributing to more resilient global economic growth patterns.