Indias GDP of 7.5% attracts Canada: Watson
By Deepak Kumar l The Dollar Business Bureau “India and Canada have been natural partners in the global economy, and India’s current GDP growth rate of about 7.5% opens up more opportunities for the two countries to enhance bilateral trade,” says Jim Watson, Mayor, City of Ottawa, Province of Ontario (Canada) in an interview to The Dollar Business. TDB met Mayor Watson, who is leading a business delegation to explore business opportunities during his visits to New Delhi, Mumbai and Bangalore. The freewheeling interaction with the mayor ranged across various matters of bilateral interest, but most importantly, the current level of bilateral trade between the two nations, and if he had set an eye on any particular sector of potential engagements. Excerpts: ...
Canada to supply uranium for Indian power reactors
The Dollar Business Bureau India and Canada will conclude a Bilateral Investment Promotion & Protection Agreement very soon and are also keen to implement the road map for a Comprehensive Economic Co-operation Agreement by September 2015. A statement in this regard was made by the Prime Minister (PM) of India, Narendra Modi on Wednesday, during a Joint Press Interaction with the Canadian PM Stephen Harper at Ottawa, Canada. Both the sides have also agreed upon a uranium deal as part of the bilateral nuclear cooperation between the two countries. The deal worth around $350 million was signed between the Atomic Energy Commission of India and Cameco Corp- Canada’s largest uranium producer, in the presence of Modi and Harper. Under ...