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 Canadian government is putting pressure on India to fast-track a bilateral trade deal at a time when both countries are negotiating a nuclear deal.
Canada High Commissioner in India Mr Joseph Caron said his country is pressing for entering into a foreign investment protection treaty with ours.
Prime Minister Stephen Harper’s trip to India resulted in the beginning of an agreement between the two countries to work towards negotiating a free-trade agreement.
Canada and India signed two trade agreements Tuesday that Prime Minister Stephen Harper said will bring the two countries closer together.
Prime Minister Stephen Harper’s current visit to India will be applauded by the Indian diaspora and recognizes both India’s economic rise and its ability to weather the global financial crisis. The visit has replaced mutual indifference with mutual interest.
Business and government leaders from Canada and India on Wednesday stressed the need for a free trade agreement between the two countries.
Calling his country’s backing for India in getting the waiver from the Nuclear Suppliers’ Group (NSG) last week a "turning point" in bilateral ties, Canadian foreign affairs parliamentary secretary Deepak Obhrai has said his country will now focus on a free trade agreement with New Delhi.
On the heels of an investment agreement between the two countries, Indian and Canadian business leaders are studying the feasibility of a free trade agreement, with the results expected by the end of the year, India’s high commissioner said.
The Confederation of Indian Industry and Canadian Council of Chief Executives have agreed to set up a task force to study the feasibility of India-Canada Free Trade Agreement (FTA).
Canada has reached a trade agreement with India, one of the world’s fastest growing economies, which will guarantee fair legal treatment for each other’s investors.