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
As governments in Canada and India herald their progress on a free trade agreement, promising to have it worked out by September, opponents from both countries are preparing to unite in their efforts to stop the deal.
Efforts are being stepped up to conclude a Canada-India Comprehensive Economic Partnership Agreement (CEPA) by September, it was announced during Narendra Modi’s visit to Ottawa this week.
Canada expects Prime Minister Narendra Modi’s visit in April to help accelerate finalization of trade and investment agreements between the two countries, a Canadian diplomat has said.
With Prime Minister Narendra Modi likely to visit Canada in April this year, the commerce and industry ministry has expedited the work on firming up the framework for the proposed free trade agreement with the country.
Canada’s trade minister Ed Fast is scheduled to visit India next month to hold discussions with Nirmala Sitharaman to end the CEPA deadlock
Canada hopes the Narendra Modi government will take decisions on two vital agreements the Manmohan Singh government could not. The first, a comprehensive economic partnership agreement, or CEPA and the second on Bilateral Investment treaties, or BITs.
Canada and India have concluded an eighth round of talks toward a comprehensive economic partnership agreement with the the Canadian Government saying that it has identified core economic opportunities in India in the energy, agriculture, infrastructure and education sectors.
India’s Finance Minister P Chidambaram has made it clear that any bilateral investment protection agreement has to be subject to jurisdiction of domestic legal institutions and India will not allow it to be subjected to foreign courts or tribunals.
The proposed Free Trade Agreement (FTA) between India and Canada is likely to be delayed and may miss the December 2013 deadline, a government official has said.
The seventh round of Comprehensive Economic Partnership Agreement (CEPA) talks between Canada and India, which was held in New Delhi, concluded Wednesday.