Canadian Minister Rajan Sohi has said that there is immense potential to deepen trade and investment cooperation between India and Canada despite global economic challenges. Speaking at an international forum, he noted that both countries can act as complementary economic partners and strengthen each other’s growth prospects.

Sohi described India as a fast-growing economy with globally recognized strengths in technology, manufacturing, services, and innovation. In contrast, Canada possesses rich natural resources, a strong agricultural system, and a stable financial infrastructure. Combining these strengths, he said, could benefit both economies and generate new employment opportunities.

He identified key sectors such as information technology, artificial intelligence, clean energy, agricultural processing, education, and skill development as promising areas for future collaboration. The Canadian minister also stressed that joint ventures in startups and small and medium enterprises could further expand bilateral cooperation.

According to Sohi, the exchange of students and professionals between the two nations will not only contribute to human resource development but will also strengthen long-term commercial ties. “The more people-to-people connections grow, the deeper trust and partnership will become,” he said.

Diplomatic observers believe that although there have been recent political tensions, economic cooperation should be viewed separately. In this context, Sohi’s remarks are seen as a significant step toward rebuilding confidence in bilateral relations.

Experts remain optimistic that the combination of India’s expanding market and Canada’s technological and resource-based strengths could usher in a new chapter in trade and investment relations between the two countries.