India and Canada likely to sign interim free trade deal this yr
Hindustan Times|May 11, 2023
India and Canada may sign an interim free trade deal by this year, the precursor to a Comprehensive Economic Partnership Agreement (CEPA), officials said after commerce minister Piyush Goyal and his Canadian counterpart Mary Ng reviewed the progress of ongoing negotiations for a free trade agreement between the two countries a day before the CEOs roundtable, held in Toronto on Tuesday.
Anirudh Bhattacharyya and Rajeev Jayaswal
India and Canada likely to sign interim free trade deal this yr

India and Canada are negotiating a two-step FTA - first an interim deal covering goods, services, rules of origin, technical barriers to trade, and dispute settlement by this year; followed by the India-Canada CEPA to cover other bilateral issues of strategic importance, the officials added, requesting anonymity. According to the officials, the interim negotiation with Canada - also called the Early Progress Trade Agreement (EPTA) -- is "progressing fast" and the two countries may sign a deal in the second half of this year. EPTA may also cover areas such as small and medium enterprises and it will eventually take shape of a comprehensive FTA, they added. The seventh round of negotiations for EPTA was held in Ottawa last month.

This story is from the May 11, 2023 edition of Hindustan Times.

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This story is from the May 11, 2023 edition of Hindustan Times.

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