Five rounds of trade talks have been held between India and Canada, the last round got over on November 18.
India’s free trade pact negotiations with the United Kingdom are ‘within touching distance’ of a deal and a similar deal along with a bilateral investment treaty with Canada is expected to be concluded by December, its top trade official said.
Reaffirming its commitment to an interim trade pact with India, Canada said that the next round of negotiations will be held in September.
Canada and India have welcomed the progress in the second round of negotiations towards an interim trade pact.
Canada is expected to seek greater market access for agricultural products such as pulses. Both nations may steer away from including sensitive items such as dairy in the trade deal
Union commerce and industries minister Goyal and his Canadian counterpart Mary Ng had earlier agreed to formally relaunch negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA) and also to consider an interim agreement or Early Progress Trade Agreement (EPTA).
India and Canada resumed negotiations for a free trade agreement (FTA) last week and are eyeing an interim trade deal first to bolster bilateral commerce and investment.
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.
Canadian trade minister Mary Ng will be on a visit to India from March 10 to 13 to hold talks with commerce and industry minister Piyush Goyal, which will set the stage for the resumption of the negotiations for a free trade agreement (FTA).
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.
The shareholders had sought the right to seize all sum or moveable property of India and/or AAI being held by the International Air Transport Association.
India will launch talks for a free trade agreement with Canada next March or April and that all countries of the Gulf Cooperation Council have approached New Delhi to begin negotiations.
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 is trying to ink FTAs with Australia, UK, EU, and UAE. India will take forward the FTA talks with Canada and accelerate existing FTA review with South Korea.
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.
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
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.