Chandigarh: Welcoming Prime Minister Narendra Modi's efforts to encourage development and industry, Premier of British Columbia province in Canada, Christy Clark said his initiatives will change the economy of the two countries.
"Modi is rolling out the red carpet and trying to finish red-tape and cut down the regulations which have been there in India for long. He has un-caged the 'tiger' (apparently referring to India) which is ready to take on the world," she told reporters here.
This will impact the Indian and Canadian economy, she said, adding, it would bring more business and jobs which at present were limited.
Clark, who was on a two-day visit to Chandigarh, said Modi is making efforts to change the mindset, as he is giving preference to state governments and trying to give them more powers so the state governments can interact with the governments abroad and set-up their trade offices thus bringing investment to India.
He (Modi) himself has been the Chief Minister of Gujarat and developed that state from whatever powers he harnessed, she said.
More investment will come besides clean energy and economy will grow and we want sustainable partnership with India, she said.
Clark had a meeting with the official of the Indian Oil Corporation which is one of the investors in the Petroliam Nasional (Petronas Project) in Canada.
"Indian Oil has invested 4 billion dollars in the 36 billion dollars Liquefied Natural Gas (LNG) project in Canada. It is second largest project in British Columbia and preferable by early 2015 the project will meet its deadline and in the coming few years natural gas will be supplied to India," she said.
It is the biggest Indian investment and once the project meets the deadline we can expect more investments from India, she added.
Clark also announced a funding for 20 scholarships, worth a total of 50,000 dollars, to support and encourage two-way exchange of students between the University of the Fraser Valley (UFV) and Sanatan Dharma (SD) College in Chandigarh.
Amirk Virk, Minister for Advance Education in Province of British Columbia, was accompanying Clark in her two-day visit.