TORONTO – Canada and India have applauded progress in the second round of talks toward an interim trade agreement.
On Tuesday, Canada’s Minister of International Trade, Export Promotion, Small Business, and Economic Development Mary Ng met virtually with India’s Commerce and Industry Minister Piyush Goyal.
The Early Progress Trade Agreement (EPTA) was agreed upon during Ng’s March visit to India. At the same time, the two nations “continue to work toward a Comprehensive Economic Partnership Agreement,” according to a Global Affairs Canada release.
The ministers also “examined the progress of discussions on important topics, including trade in goods and services and investment protection,” according to the statement.
“Minister Ng and Minister Goyal underlined their intention to continue momentum into the next round of discussions, which will take place in the coming months,” according to the statement.
Goyal stated in a tweet that both countries were “working to identify sectors for more collaboration and investments to achieve early advantages for our industries and people.”
Following a rough period following Canadian Prime Minister Justin Trudeau’s visit to India in February 2018, the two nations’ bilateral cooperation has improved in recent months.
The agreement was inked on the sidelines of the Stockholm+50 gathering in Sweden’s capital. “We are initiating a collaborative approach between our two governments to enhance each of our solutions to the problems we confront in dealing with climate action and environment conservation,” Guilbeault added.
The India-Canada Science and Technology Cooperation Committee met in Ottawa last month, presided over by Secretary of Science and Technology Prof Srivari Chandrasekhar and his counterpart, Deputy Minister for International Trade at Global Affairs Canada David Morrison.
Both countries were “committed to developing relationships,” according to a joint statement, and science, technology, and innovation were “important pillars of the partnership.”