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22 February 2018
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| Trip
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With
his first official visit to India yielding bilateral investments
worth over $1 billion, Canadian Prime
Minister Justin Trudeau on Thursday said that both nations have
close bonds owing to their deep and shared commitment to democracy and
diversity. The Total Investment &
Insurance Solutions
Addressing
the India Canada Business Session here jointly organised by
Indian industry chambers and the Canada-India Business Couuncil, he said
that the experience of diversity enriches societies and helps promote
innovation and better decision making. The
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"This
trip has yielded more than $ 1 billion of investment between India and
Canada," Trudeau said, adding that he is leading around a 1,000
member delegation to India, including a record number of company
representatives.
Trudeau arrived
here on Friday on an eight-day visit to India, and has already presided over an
Indo-Canadian business meeting in Mumbai.
"This
two-way investment will create 6,000 high quality jobs in Canada and
many more jobs here (India), as well. The
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"Both Canada and India are
committed to upholding and promoting democracy, and we value diversity and the
many strengths it brings to society," he said.
Giving
the example of the major Canadian city of Toronto, he said "50 per cent of
its population are born outside Canada."
There
are 1.2 million people of Indian origin in Canada and around 500,000
of them hail from Punjab. The
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"The
diversities of religion, gender, lived experience..all these enrich us and make
us more resilient. The Total Investment
& Insurance Solutions
It
helps innovation and makes for better-decision making," said the Prime
Minister, whose cabinet has four Indian origin ministers, including Sikhs.
"No
one can convince me that diversity and innovation are mutually exclusive
categories," he added. The Total
Investment & Insurance Solutions
Lauding
Canada's diversity for being home to "people of my community who have done
us proud in your land," Union Food Processing Minister Harsimrat
Kaur Badal invited Canadian business to invest in India "to
become part of our growth story". The
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"People
of India, and especially of Punjab, welcome you with open arms," she said,
referring to Trudeau. The Total
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Noting
that agriculture and food processing are potentially major areas of
Indo-Canadian cooperation, Badal said that bilateral cooperation is already
ongoing in creating a cold chain
infrastructure in India and setting up mega food
parks in the country could be the next area. The Total Investment & Insurance Solutions
After
visiting Agra, Ahmedabad and
Mumbai, Trudeau visited Amritsar on Wednesday where he, his
wife and children prayed at the Golden Temple. He also
met Punjab Chief Minister Amarinder Singh.
Bilateral
trade between India and Canada stood at $6.05 billion in
2016. The two countries are also working on a Comprehensive Economic
Partnership Agreement (CEPA).The Total
Investment & Insurance Solutions
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