India, Canada to hold talks on proposed free trade pact on Thursday

The meeting will be co-chaired by Commerce and Industry Minister Piyush Goyal.

Topics
Canada | India-Canada | trade

Press Trust of India  |  New Delhi 

India and on Thursday will hold discussions on ways to strengthen economic ties and proposed free agreement between the two countries, the commerce ministry has said.

Canadian International Minister will be visiting India from March 10-13 to hold the fifth India- Ministerial Dialogue on and Investment (MDTI).

The meeting will be co-chaired by Commerce and Industry Minister Piyush Goyal.

"During the MDTI meeting, various bilateral trade and investment issues will be discussed in order to further strengthen the bilateral ties and economic partnership including India- Comprehensive Economic Partnership Agreement (CEPA)," it said.

The bilateral trade stood at USD 5.7 billion (exports USD 3 billion and imports USD 2.7 billion) in 2020-21 as against USD 6.7 billion in 2019-20.

Major Indian exports to Canada include drugs and pharmaceutical products, iron & steel products, marine products, cotton fabrics and readymade garments and chemicals, while imports include pulses, fertilizers, coal and crude petroleum.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, March 09 2022. 20:29 IST
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