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India’s High Commissioner Predicts Free-Trade Deal by Year-end

Posted May 13, 2015

Under Economic Issues, International Trade Issues

(Jennifer Campbell – Ottawa Citizen)

India’s new high commissioner has all but guaranteed Canada and India will have a free-trade agreement by the end of 2015.

“I will sit here at the end of this year and say, ‘Look, we’ve done it’,” said Vishnu Prakash, a career diplomat who began his post just prior to the productive April visit of Indian Prime Minister Narendra Modi.

He said his government is confident Canada and India will sign a foreign investment protection agreement “within weeks or months” and, he said, “we are very confident that we’ll be able to finalize the CEPA (comprehensive economic partnership agreement) this year.”

Prakash said the mandate for his mission in Ottawa was pretty much set by agreements signed by the two prime ministers. Click here to read more.