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India-Canada Trade and Investment Relations

News and Press Release - Dated:- 4-3-2017 - A bilateral meeting was held on 03-03-2017 in New Delhi between visiting Canadian Minister of International Trade, Mr. François-Philippe Champagne and Commerce and Industry Minister Smt. Nirmala Sitharaman. The two Ministers carried forward the discussion from the bilateral meeting held on the side lines of World Economic Forum at Davos in January, 2017. The discussion focussed on expanding bilateral trade and investment between the Countries. B .....

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ister, Smt. Sitharaman clarified that the negotiation should not get lost in peripheral issues and should focus on bringing in promotion and protection elements, which provide stability and predictability to investments in each other s country. She said that India has approved the model text as a template and the negotiation under FIPA should go forward in accordance with the model text. However, both sides should remain flexible to incorporate the essential elements of investment protection whi .....

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n Canada but are finding it difficult to source key employees from India as intra-company transferees. The Canadian Trade Minister assured that a number of steps have been taken to facilitate the ease of movement for professionals into Canada. He described the recent initiative under the Global Skill Strategy Programme wherein the visa application for high skilled technicians, Professors, Researchers etc. will be disposed of within two weeks time. Similarly, for professionals visiting for less t .....

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