India-Canada CEPA: What Indian manufacturing needs
India, Oct. 26 -- justify;">Canada's trade minister, Maninder Sidhu, is in India this month with nearly 300 business delegates--the largest Canadian trade delegation to India in more than three decades. The visit follows the fifth round of negotiations on the Comprehensive Economic Partnership Agreement (CEPA), held in Ottawa from October 5 to 9. Both governments want to conclude the agreement by year-end, and Prime Minister (PM) Mark Carney has said PM Narendra Modi is expected to visit Canada in December. For Indian manufacturing, the key question is straightforward: will the agreement make production more competitive and help firms sell more in Canada?
Canada wants to diversify trade away from its heavy dependence on the United States...
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