 "Francois-Philippe Champagne")
In New Delhi to discuss decade-long negotiations with India, Canadian Minister of International Trade, François-Philippe Champagne tells Subhayan Chakraborty and Sahil Makkar that while pension funds in his country are waiting to invest more in India, they are awaiting clarity in rules of ties between the two countries. Edited excerpts:
The FIPA (Foreign Investment Promotion and Protection Agreement) was signed in 2007 but never ratified. There were some concerns on the investor-state dispute resolution mechanism from Canada’s side. In the meantime, companies such as Vodafone are embroiled in a tax dispute case with India. How are you going to proceed further
