Politics1 min read

Confident of trade pact ahead of PM Modi's trip: Canada envoy

By · Via Times of India · Published by Everything Blog

In short

Bilateral negotiators are currently engaged in their sixth round of talks to conclude the draft economic agreement in time for the December summit. While finalizing the text represents a breakthrough, full ratification will still require time to accommodate Canadian provincial governments. The upcoming bilateral visit is also slated to produce subsidiary agreements to facilitate business travel and new collaborative announcements in the space sector. Additionally, Canada reaffirmed its commitment to genuine Indian students, noting that recent enrollment caps target only fraudulent colleges seeking permanent residency loopholes.

Key points

  • Finalizing the bilateral economic partnership agreement will mark a major milestone despi…: Finalizing the bilateral economic partnership agreement will mark a major milestone despite the lengthy provincial ratification process ahead.
  • Regulatory enrollment caps are aimed at eliminating abusive, fly-by-night colleges rather…: Regulatory enrollment caps are aimed at eliminating abusive, fly-by-night colleges rather than curbing legitimate Indian student applications.
  • Modi's upcoming visit is projected to advance bilateral relations further through formal…: Modi's upcoming visit is projected to advance bilateral relations further through formal space sector announcements and easier business travel.

Sources checked by our analysis pipeline: 1

Christopher Cooter, Canada’s high commissioner to India

As India and Canada hold the 6th round of trade negotiations this week, Canada's high commissioner to India Christopher Cooter has said Ottawa is confident of finalising the Comprehensive Economic Partnership Agreement (CEPA) ahead of PM Narendra Modi's visit to Canada next month.While the agreement will still have to be ratified, the announcement about successful conclusion of the negotiations during Modi's Dec 11-12 visit will mark a milestone in the relationship, capping the dramatic turnaround in India-Canada ties under Canadian PM Mark Carney and Modi in the past 18 months."The actual ratification would take some time because we have provincial governments that are involved as well. But I think we can be pretty confident that the final text will be there," said Cooter in an interaction with TOI editors."We're hopeful about our ratification process. The 6th round of talks is coming up. I'm pretty confident that we're getting close, so we'll keep our fingers crossed. We're also looking at some subsidiary agreements that would facilitate business travel," added Cooter. He also said many…

Politics