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India and Canada are Set to Begin a New Phase in Trade Ties.
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by israeli.agent | October 6, 2009 at 08:23 am
167 views | 62 Recommendations | 4 comments
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India and Canada are planning to strengthen the trade and economic relationships and nuclear commerce in a phased move towards free trade agreements.
The top government officials of both the countries were and visiting each other in the recent times initiating the discussions.
It is said the Indian companies were forced to look beyond the big economies like US and Japan - those hit hard by the recent recession.
India and Canada are set to boost their economic ties, with the two nation in the final stages of finalising a series of trade-related pacts, including nuclear commerce and moving towards a free-trade agreement.
Prime Minister Stephen Harper will visit Mumbai and Delhi between November 15 and 18 and meet with Indian Prime Minister Manmohan Singh, sources said, adding that it is intended to be a turning point in the trade relationship between the two nations.
Last week, India's Commerce Secretary Rahul Kullar met in Ottawa with Trade Minister Stockwell Day and other top officials and signalled that after years of little progress, India was seeking real advances in trade.
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Most RecentMost Recommended Comments (4)
at 08:32 on October 6th, 2009
Good to hear! Canada needs to look beyond the US too, since they often place "sanctions" against us.
at 08:36 on October 6th, 2009
There are already many Indian companies operating in Canada and a reciprocal trade agreement with India will be of value to both countries.
at 10:47 on October 6th, 2009
What is shocking is how long it has taken for the Canadian Government to wake up to the possibilities of strong economic ties with India
at 21:26 on October 6th, 2009
Shocking..? I believe that there were enough India-Canada ties before. Ofcourse there is a need for more.
This is an attempt by the governments to give the whole scenario an official colour. Yeah , and ofourse to find more common grounds.
.Agent.