Business councils call on federal government to secure trade agreement with IndiaOTTAWA — As Canada and other Western nations ramp up their efforts to build stronger political and economic ties in Asia, business groups are calling on the federal government to finally lock in a trade agreement with India. The Business Council of Canada and the Canada India Business Council released a report on Thursday that looks at Canada’s current trading relationship with India and the economic benefits that would come from establishing a trade agreement. Trade negotiations between Canada and India began in 2010 under the Conservative government of former prime minister Stephen Harper. While India has historically been closed off to trade negotiations, it has recently shown more openness to such negotiations. “In some ways both governments have to try and sort of compartmentalize the trade agreement and use that to say, look, you know, Canada-India relations are finally improving.

Source: National Post August 04, 2022 13:32 UTC