TIL Desk/Business/New Delhi/ India and Canada will make efforts for expeditious conclusion of a Comprehensive Economic Partnership Agreement on goods and services at the annual ministerial dialogue starting in New Delhi on Monday, said an official statement.
A high-level delegation led by the Canadian International Trade Minister Francois-Philippe Champagne is visiting India to attend the 4th Annual Ministerial Dialogue (AMD). The Indian delegation will be led by Commerce and Industry Minister Suresh Prabhu.
In the current round, India and Canada will be focusing on some of the key commercial drivers to enhance bilateral partnership, the release said.
“Efforts would be made to work towards the expeditious conclusion of the Comprehensive Economic Partnership Agreement (CEPA) for a progressive, balanced, and mutually beneficial agreement covering both goods and services,” it stated.
India-Canada merchandise trade stood at USD 6.13 billion in 2016-17, down 1.87 per cent from the previous year. The negotiations for the agreement were launched in November 2010 to boost bilateral trade and investments.
