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Officials from Canada and India expressed renewed optimism about progressing towards a free trade agreement.
Canadian and Indian officials expressed renewed optimism for a Comprehensive Economic Partnership Agreement.
KEY POINTS
Talks aim to conclude the trade discussions and finalize an agreement by the end of the year.
Past negotiation impasses were attributed to allegations that strained Canada-India relations in 2023.
Officials are exploring greater agricultural trade, including integration of pulse crops despite current tariffs.
During a summit in Regina, officials from Canada and India expressed renewed optimism about progressing towards a free trade agreement. The discussions revolved around the Comprehensive Economic Partnership Agreement, which aims to bolster trade ties and resolve previous negotiation impasses.
At the Western Canada-India Leaders Summit, participants, including officials from both nations, highlighted the significance of concluding discussions by year-end. Recent efforts have aimed at overcoming past hurdles that hampered talks in 2023 due to allegations affecting bilateral relations. The gathering also addressed possibilities for trade in agricultural commodities, emphasizing potential integration of pulse crops despite existing tariffs.
(With inputs from agencies.)