(a) whether the Government propose to improve its trade ties with the
Government of Canada ;
(b) if so, the details thereof;
(c) whether any negotiations have been held between the two countries; and
(d) if so, the outcome thereof ?
(a) whether the Government propose to improve its trade ties with the
Government of Canada ;
(b) if so, the details thereof;
(c) whether any negotiations have been held between the two countries; and
(d) if so, the outcome thereof ?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY(SHRI JAIRAM RAMESH)
(a)&(b): Yes, Sir. Strengthening of trade relations with Canada is a continuous and
ongoing process. Efforts are regularly made to encourage investments, joint ventures
and collaborations, expand and diversify trade through various trade promotion measures
such as market research, information dissemination, buyer-seller meets, participation in
important trade fairs.
(c):India-Canada Trade Policy Consultations were held in May, 2006. Bilateral Investment
Protection Agreement talks were held in New Delhi and Ottawa in January, 2006.The Premier
of Quebec led a delegation of business representatives and held discussion with Commerce
& Industry Minister. In February, 2006 the premier of Manitoba province led a 15 member
business delegation and visited New Delhi.
(d):The bilateral trade between India and Canada increased from US $ 1642.53 million in 2004-05
to US$ 1941.44 in million 2005-06, thereby registering a growth of 18.20%.