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FM Sitharaman Heads To US, Canada On Aug 25; Key Economic Summit Lined Up With Ottawa

Sitharaman to attend India-Canada economic dialogue and G20 finance meeting during visit

FM Sitharaman Heads To US, Canada On Aug 25; Key Economic Summit Lined Up With Ottawa
Nirmala Sitharaman will visit Canada and the US from August 25 to September 2.
(Photo: PTI)
  • Union Finance Minister Nirmala Sitharaman will visit Canada and the US from August 25 to September 2
  • She will lead the inaugural Economic and Financial Dialogue in Toronto with Canadian Finance Minister
  • Discussions will focus on macroeconomic trends, financial cooperation, and bilateral investment opportunities

Union Finance Minister Nirmala Sitharaman will travel to Canada and the United States from August 25 to September 2, with bilateral economic ties, investment opportunities and global financial cooperation high on the agenda, the Ministry of Finance said on Monday.

A key part of her Canada visit will be the inaugural Economic and Financial Dialogue between India and Canada in Toronto. Sitharaman will participate in the dialogue with Canadian Minister of Finance and National Revenue François-Philippe Champagne.

The talks are expected to cover macroeconomic developments, financial-sector cooperation, bilateral investment opportunities and shared global economic priorities. The two sides are also looking at cooperation in areas including energy, critical minerals, technology, innovation and resilient supply chains, alongside ongoing efforts towards a Comprehensive Economic Partnership Agreement (CEPA).

Sitharaman will also take part in an investment roundtable with senior executives from the energy, artificial intelligence and critical minerals sectors. The discussions will focus on business-to-business linkages, investment opportunities and long-term commercial partnerships, including opportunities in GIFT City-IFSC.

The finance minister is also scheduled to participate in a business roundtable with Canadian business leaders, where financial-sector cooperation and investment opportunities will be discussed. Senior managing directors and CEOs of Indian public sector banks will also participate.

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