India, Canada committed to strengthen economic ties: Jaitley
The Dollar Business Bureau India and Canada are dedicated to strengthening their financial and economic relationship and augmenting their strategic ties, Finance Minister Arun Jaitley has said while inviting investments from Canada in the infrastructure sector of India. “Both countries are committed to strengthening economic ties as there is a positive environment. Negotiators from both countries will meet soon to resolve sticking points,” he said. Jaitley on Monday had a meeting with Bill Morneau, his Canadian counterpart and International Trade Minister of Canada, Chrystia Freeland and took a review on the progress in the ties between the two countries that include the proposed Foreign Investment and Promotion and Protection Agreement (FIPA) and Comprehensive Economic Partnership Agreement (CEPA). “The two countries are willing to conclude ...
India-Canada free trade agreement likely to be concluded by March 2016: Official
Source: PTI The proposed free trade agreement between India and Canada, which aims to reduce or eliminate duties on a large number of products traded between the two nations, is likely to be concluded by March next year. "CEPA with Canada is at a very advanced stage. We expect that by December or latest by March it should take shape," a senior official told PTI. The negotiations for the agreement, which is officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), were launched by both the countries in November, 2010 to further boost bilateral trade and investment. The proposed pact seeks to open services sector and facilitating investment proposals. The ninth round of negotiations towards a Canada-India CEPA were held ...
