Commerce and Industry Minister Piyush Goyal has said that India and Canada will fast-track negotiations for the Free Trade Agreement (FTA) to boost bilateral trade and investment. Addressing the Indo-Canadian Business Chamber in New Delhi today, Mr Goyal said, India sees considerable scope for collaboration with Canada in critical minerals, clean energy, nuclear energy and supply-chain diversification.
Referring to the recent meeting between the Prime Ministers of both countries during the G20 Summit, Mr Goyal said that both leaders agreed to begin negotiations for a high-ambition Comprehensive Economic Partnership Agreement and double bilateral trade by 2030. The Minister invited Canadian businesses to partner in the country’s journey toward becoming a developed nation by 2047.