India, Canada to review progress in talks on proposed free trade agreement
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Trade ministers of India and Canada are all set to review the progress in talks on the proposed free trade agreement between the two countries. The ministers will co-chair the discussions for the sixth India- Canada Ministerial Dialogue on Trade and Investment (MDTI) in Ottawa.
MDTI is a bilateral mechanism which provides institutional mechanism to discuss a broad spectrum of trade and investment related issues and cooperation areas. The Dialogue will focus on various themes including strengthening the Bilateral Trade Relationship between India and Canada, Investment Promotion and Cooperation, Green Transition - including Critical Minerals discussion and new Areas of Cooperation such as promoting B2B engagements.
The Ministers will also review India-Canada CEPA (Comprehensive Economic Partnership Agreement) negotiations. At the last MDTI meeting in March 2022, both Ministers launched the CEPA negotiations with a possibility to have an interim agreement or EPTA (Early Progress Trade Agreement). Since then, seven rounds of negotiations have been held.
