Trade negotiators from both countries have held four "consultative meetings" in the last year via video, and the most recent one in October saw the two sides trade preliminary proposals, said Anshuman Gaur, India's deputy high commissioner to Canada.
Canada is seeking to lessen its economic dependence on China and diversify into new Asian markets. It recently launched formal trade talks with the Association of Southeast Asian Nations -- known as ASEAN -- a 10-country bloc that includes the Philippines, Indonesia and Thailand. Canada began trade talks with India more than a decade ago under the Conservative government of Stephen Harper. The on-off process stopped again in 2018 when Canada was in the middle of its intense renegotiation of the North American Free Trade agreement with the U.S. and Mexico that was instigated by former American president Donald Trump.
That has made Canada one of the priority countries in India's "early harvest" trade strategy, which is a veritable stepping-stone approach to speeding up progress towards broader free trade deals. It involves pursuing partial progress in bringing down tariffs on some goods and services while leaving more difficult issues unresolved for later, more comprehensive free trade agreements.
Gaur suggested Canada and India can build on a common trait that neither share with China: their common law legal heritage inherited from Britain. Ng, meanwhile, said "Canada always pursues its trade based on Canadian values and the interests that are guided by Canadian interests first and foremost."
Better than signing anything with China
The problem has always been with India signing a FIPA. FIPA is very key to any trade deal. Secondly, Canada needs to address issues with its regulations and taxes as part of getting goods out of the ground to market.
Perhaps Modi can come here, dress up as a Mountie, dance a Newfie jig and make an embarrassment of himself like someone we all know ? Would JT return the favour and ignore him or would he lick Modi's boots?
If Modi had a spine (nothing against Indians) he'd take all the immigrants housed over here comfortably and bring them home! Work for a living!
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