Canadian delegation to visit India to boost biz ties

NEW DELHI: A high-level delegation led by Canada's Associate Deputy Minister of Finance Tim Sargent will visit India this week to take part in a bilateral summit aimed at strengthening trade and economic ties between the two nations.

The India-Canada Economic and Financial Sector Policy Dialogue, which will be held on February 13 in New Delhi, will see both countries making joint commitment to building strong bilateral relationship and giving fillip to investments.

From Indian side, Additional Secretary in Department of Economic Affairs Dinesh Sharma will lead the delegation, the High Commission of Canada said in a statement.

Sargent will be joined by high level officials from Finance Canada, the Bank of Canada, the Office of the Superintendent of Financial Institutions ( OSFI), the Canada Deposit Insurance Corporation and the Financial Consumer Agency of Canada, it added.

The Economic and Financial Sector Policy ( EFSP) Dialogues are vehicles to develop and maintain relations on financial sector issues between Canada and India and to promote collaboration between financial institutions of both the countries.

The EFSP dialogues process demonstrates India and Canada's joint commitment to building strong bilateral ties as the trade and investment relationship between the two countries grows, the statement said.