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Piyush Goyal heads to Canada to foster bilateral trade and investment

The Canadian Government noted that Goyal’s visit showcases an opportunity for Canada and India to further their work toward an Early Progress Trade Agreement (EPTA).

File photo of Piyush Goyal (Image: Twitter/@KirenRijiju)

Piyush Goyal, Indian Minister of Commerce and Industry will be hosted by Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, Government of Canada, between May 8-11, 2023, at the 6th India- Canada Ministerial Dialogue on Trade and Investment (MDTI), in Ottawa, Ontario.

According to a news release by the Ministry of Commerce and Industry, the two leaders co-chaired a discussion on the spectrum of trade and investment-related issues and cooperation areas.

The dialogue focused on themes including strengthening bilateral trade relations between India and Canada, investment promotion and cooperation, and green transition – including critical minerals discussion and B2B engagements.

The Canadian Government noted that Goyal’s visit showcases an opportunity for Canada and India to further their work toward an Early Progress Trade Agreement (EPTA). At the fifth MDTI held in March 2022, both Ministers re-launched negotiations regarding a Canada-India Comprehensive Economic Partnership Agreement (CEPA).

Goyal will head to Toronto on May 9, 2023, and May 10, 2023, where he will have various engagements to promote trade and investment. He will meet CEOs of key Canadian companies, attend roundtables of Indian and Canadian CEOs, interact with Canadian and Indian companies based in Canada, and participate in the Financial Sector Round Table.

According to the Indian Ministry of Commerce, Goyal will be accompanied by a delegation of Indian CEOs led by FICCI. The release reads that the Minister will inaugurate the Indian Pavilion at SIAL CANADA-2023, a food innovation trade show in North America having over 1000 national and international exhibitors from 50 countries. Delegations from the Trade Promotion Council of India (TPCI), Agricultural & Processed Food Products Export Development Authority (APEDA), India Trade Promotion Organisation (ITPO) and Associated Chambers of Commerce and Industry of India (ASSOCHAM) are set to participate.

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