India and Canada set to relaunch free trade agreement talks

During April 2021-January 2022, Indian exports to Canada increased to $3 billion, up almost by a fourth as compared to a year ago.

Union Minister for Commerce and Industry Piyush Goyal with his Canadian counterpart Mary Ng, in New Delhi on Friday. Photo: PTI
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Union Minister for Commerce and Industry Piyush Goyal with his Canadian counterpart Mary Ng, in New Delhi on Friday. Photo: PTI

Shreya Nandi New Delhi
India and Canada are set to resume negotiations to finalise a trade pact to strengthen economic ties between both countries.
Towards this, an interim trade deal will be finalised, which will be followed by a full-fledged free trade agreement (FTA) or a comprehensive economic partnership agreement (CEPA). India and Canada have been negotiating CEPA since 2010, with the latest round of negotiations held in August, 2017.
 
An interim or an early progress trade agreement (EPTA) will include discussions on goods, services, rules of origin, sanitary, and phytosanitary measures, technical barriers to trade, and dispute settlement.
 

First Published: Mar 11 2022 | 11:59 PM IST

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