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Business

India, Canada to hold next round of trade pact talks from October 5: Goyal

Business Standard ·
India, Canada to hold next round of trade pact talks from October 5: Goyal

The negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada are progressing and the next round of talks will be held from October 5, Commerce and Industry Minister Piyush Goyal said on Monday.

"...the next 90 days should be a very defining period in the Canada-India relationship," he told reporters here.

The fourth round of negotiations concluded here on September 18.

The talks are moving at a faster pace as both the countries are targeting to conclude the negotiations by end of this year.

"Both sides have resolved to fast track negotiations, in view of which our team is now slated to go for the fifth round on October 5," Goyal said.

Canada's International Trade Minister Maninder Sidhu was in Mumbai last week to hold talks with Goyal.

India's major exports to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals.

Key imports from Canada include pulses, pearls and semi-precious stones, coal,

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