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Narendra Modi Visit: Why India Matters to Canada

Posted April 17, 2015

Under Economic Issues, International Trade Issues

(Matt Kwong – CBC News)

For two countries that Prime Minister Stephen Harper calls “natural partners” in a new global economy, Canada and India might appear to share a rather meek business relationship. Not even one per cent of Canadian exports currently ship to India, with goods exports around $3.1 billion in 2014 — less than one-sixth what Canada exports to China.

Promising to open India to global commerce, Indian Prime Minister Narendra Modi’s historic three-day Canadian tour this week seeks to change that. His trip ends a 42-year dry spell since a head of state from the world’s largest democracy visited to talk bilateral relations.

As Harper pushes for a free-trade pact with Modi, Canadian economists and business leaders representing South Asian professionals lay out their case for why India is a social, political, cultural and economic force that matters. Click here to read more.