The governments of Canada and India are negotiating a ‘Comprehensive Economic Partnership Agreement’ which they seek to conclude in 2013. By May 2012, five rounds of negotiations had taken place. This agreement is wideranging and negotiations have included rules of origin, trade facilitation, technical barriers to trade, sanitary and phytosanitary measures, and trade in services, including temporary entry for business persons, telecommunications, and financial services. According to unnamed official sources, India is likely to exclude an investor-state dispute clause in its FTAs.
last update: May 2012
The move came after commerce and industry minister Piyush Goyal held talks with his Canadian counterpart Mary Ng, as part of the fifth ministerial dialogue on trade & investment.
Commerce minister Piyush Goyal and his Canadian counterpart Mary Ng will meet in New Delhi on Friday to begin talks for a free trade agreement (FTA) between the two countries.
Canada and India are quietly setting the stage to reboot formal free-trade talks as the Trudeau government seeks economic alternatives to China following the dispute over the Meng Wanzhou-two Michaels affair.
India hopes to fast-track talks for a mini trade deal with Canada after Prime Minister Justin Trudeau returned to power. The last round of talks was held in July after which talks were postponed because of the elections.
After languishing for nearly four years, India and Canadian negotiators have resumed discussions towards a possible trade pact.
India and Canada may come back to the negotiating table later this month after a gap of almost four years to explore the possibility of signing a mini trade deal.
India’s decision to raise duties on pulses from Canada, elusive progress on bilateral investment treaty and free trade pact major hurdles in improving trade relations.
Negotiations on a Canada-India FIPPA were launched in September 2004 and concluded in 2007, but the deal was never signed.
Eager to please the Sikh community in Canada which is increasingly gaining political weight in the country, Canadian Prime Minister Justin Trudeau is all set to woo the Punjab industry during his India visit later this week.
Trade ministers of India and China met in New Delhi are looking for another round of talks at the expert level before Prime Minister Justin Trudeau’s India visit