India, Canada's Economic Relations "Underperforming": Canadian Envoy
NDTV
The two countries are negotiating an early progress trade agreement (EPTA) as a first step toward Comprehensive Economic Partnership Agreement (CEPA).
Canada's high commissioner to India Cameron MacKay on Friday said the bilateral trade between the two G20 economies -- India and Canada -- is a "seriously underperforming" economic relationship.
The two countries are negotiating an early progress trade agreement (EPTA) as a first step towards Comprehensive Economic Partnership Agreement (CEPA), which will increase bilateral trade manifold, he noted.
"Both of our countries have...commercial relationship," Mr Mackay said, addressing a Canada Indo-Pacific Conclave here organised by Indo-Canadian Business Chamber (ICBC).
"But for two countries like ours, two G20 economies...multi-trillion dollar economies... the bilateral commercial relationship is seriously underperforming, we should be doing much more.
