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
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.
In a bid to fast track talks for the proposed Free Trade Agreement (FTA), India and Canada are likely to hold the seventh round of negotiations in February in New Delhi, a Canadian envoy said today.
There is a lot of spin about the Canada-China investment treaty (or FIPA). Canadians should not be fooled into the deal. They should insist on an independent review of the government’s claims, before the treaty is locked in for 31 years.
A foreign investment protection deal between India and Canada—which was expected to be signed this week, according to media reports—is likely to be delayed because New Delhi is reviewing all similar agreements after its tax dispute with Vodafone Group PLC.
In a bid to boost trade and investments, India and Canada will be reviewing the progress of ongoing negotiations for the proposed free trade pact during the week-long visit of Canadian Prime Minister Stephen Harper starting November 4.
India and Canada have commenced negotiations towards a Comprehensive Economic Partnership Agreement (CEPA) covering Trade in Services, Trade in Goods, Sanitary and Phyto-sanitary Measures, Rules of Origin, Technical Barriers to Trade etc.
Canadian Foreign Affairs Minister John Baird will visit India next month to strengthen bilateral economic ties between the two countries.
The Comprehensive Economic Partnership Agreement (CEPA) or Free Trade Agreement between India and Canada may be finalised by 2013, according to a top Canadian diplomat.