Canadian pensions funds keen to invest in India, says finance minister

Indian Deputy Prime Minister and Minister of Finance Chrystia Freeland said on 16 July that Canadian pension funds will be interested in exploring Indian investment opportunities in India as India has “sustainable investments”.

Half a day before the third meeting of the G20 finance ministers and central bankers

Canada Pension Plan Investment Board (CPPIB), India’s National Investment and Infrastructure, a partnership between the Government of India, international investors, corporate multilateral development banks (MDB) and local banks Fund (NIIF).

Other international investors in the NIIF include the Abu Dhabi Investment Authority (ADIA), PSP Investments, Temasek and the US International Development Finance Corporation (US DFC).

NIIF has three funds – Main Fund, Fund Fund and Strategic Opportunities Fund – ports and logistics, renewable energy, roads, digital infrastructure, technology medical and manufacturing etc. It has invested in 16 organizations covering

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India’s finance ministry said on Twitter that the two sides also discussed progress in the ongoing trade talks between India and Canada.

After resuming negotiations in March 2022, the two countries completed eight rounds of negotiations on the Comprehensive Economic Partnership Agreement (CEPA).

The new virtual conference started on July 12 and is expected to continue until July 21.

Historical processes, solutions, communications and business services Finance are some of the areas where India and Canada are negotiating a trade agreement.

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Shrabani Sarkar is a celebrity news author who has been covering the latest gossip and scandals in the entertainment industry for Panasiabiz. Shrabani is passionate about celebrity news and enjoys sharing her insights and opinions with her loyal fans.