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Canadian Minister of International Trade Maninder Sidhu on Thursday said negotiations are on between India and Canada for a trade pact and expressed the hope that these talks will conclude by the time Prime Minister Narendra Modi visits Canada next month. India and Canada are currently holding the sixth round negotiations for the Comprehensive Economic Partnership Agreement (CEPA). "We're negotiating right now with India. I'm here for Round Six between our chief negotiators, and we're going to hopefully get there by the time Prime Minister Modi Ji visits Canada next month," he said here at a session of CII Partnership Summit. Sidhu is here to attend the summit and also held discussions on the pact with Commerce and Industry Minister Piyush Goyal. Between India and Canada, he said it's not about competition, it's about complementarities between the two economies. The talks are moving at a faster pace as both the countries are targeting to conclude the negotiations by the end of thi
Canadian Prime Minister Mark Carney said that a "serious incident" caused a major fire at a military base in Alberta. "A serious incident creating a major fire has occurred at CFB Wainwright, in Alberta," Carney said on Saturday in a social media post. "Our thoughts are with all the brave women and men affected," he said. Carney said the federal government was working closely with Alberta officials and local authorities. He said he and Alberta Premier Danielle Smith were in close contact, as were their ministers and officials. Carney did not provide details about what caused the fire or whether anyone was injured.
The chief negotiators of India and Canada will begin the fifth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from October 5, with an aim to conclude the talks by the end of this calendar year, an official said. The five-day talks may end on October 9. The fourth round of negotiations concluded here on September 18. The talks are moving at a faster pace as both countries are targeting to conclude the negotiations by the end of this year. The negotiations are important as Prime Minister Narendra Modi is expected to visit Canada around December this year, Canadian Prime Minister Mark Carney has said last month. To give a further impetus to the talks, Canada's Trade Minister Maninder Sidhu will visit New Delhi later this month with a 300 strong business delegation. Sidhu and Commerce Minister Piyush Goyal met in Mumbai last month to review the progress of negotiations. CEPA is a kind of free trade agreement in which two countries
US-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly USD 1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles. The ban amounts to barely a ripple in USD 880 billion worth of a two-way annual trade between the two northern neighbours. But it marks another ratcheting up of President Donald Trump's second-term trade war with America's longtime ally and trading partner. The import ban "certainly won't do anything to help the trade tensions between the United States and Canada," said trade attorney Patrick Childress, a partner at Holland & Knight and a former US trade official. The latest sparring began over the summer when Trump reached back to a Great Depression law to impose 50 per cent tariffs on about USD 20 billion worth of Canadian imports, charging that Canada discriminates against US dairy, auto and alcoholic beverage producers. Canada ..
Canadian Prime Minister Mark Carney said trade negotiations with India are making "good progress" and that the two countries are aiming to conclude talks by the G20 summit in mid-December. Carney also said India had, to his understanding, confirmed that Indian Prime Minister Narendra Modi would visit Canada around that time, though the precise date had not been finalised. "We are making good progress in our trade negotiations with India," Carney said at a news conference on Tuesday on the sidelines of the UN General Assembly. Carney said he and Modi had committed to try to conclude negotiations by the G20. The summit is scheduled for Dec 14-15 at Trump National Doral in Miami. Carney wants to double Canada's non-US trade over the next decade and has made India part of a broader effort to reduce the country's dependence on the United States as relations deteriorate under President Donald Trump. Last week, Carney embraced the prospect of Canada becoming the European Union's first ..
The negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada are progressing and the next round of talks will be held from October 5, Commerce and Industry Minister Piyush Goyal said on Monday. "...the next 90 days should be a very defining period in the Canada-India relationship," he told reporters here. The fourth round of negotiations concluded here on September 18. The talks are moving at a faster pace as both the countries are targeting to conclude the negotiations by end of this year. "Both sides have resolved to fast track negotiations, in view of which our team is now slated to go for the fifth round on October 5," Goyal said. Canada's International Trade Minister Maninder Sidhu was in Mumbai last week to hold talks with Goyal. India's major exports to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals. Key imports from Canada include pulses, pearls and semi-precious stones, coal,
