India Signals Readiness to Negotiate Bilateral Investment Treaty with Canada
Indian ministers have expressed openness to initiating formal trade negotiations with Canada, targeting a bilateral investment treaty to expand economic cooperation worth hundreds of billions of rupees.
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India expresses readiness for treaty talks with Canada, eyes Rs 4.65 lakh crore trade
The two ministers discussed ways to strengthen trade and investment ties and agreed on several areas of economic cooperation. "India expressed its readiness to initiate negotiations on a Bilateral Investment Treaty at the earliest," the joint statement issued after the meeting said. A Bilateral Investment Treaty is an agreement between two countries designed to provide greater protection and certainty to investors from both sides.
By RAJEEV SINGH
Read full article →India expresses readiness to initiate negotiations on investment treaty with Canada
The statement was issued following the meeting between India’s Finance Minister Nirmala Sitharaman and her Canadian counterpart Francois-Philippe Champagne met in Toronto on Thursday.
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