Canada, India to sign key agreements during PM visit

PRESS TRUST OF INDIA

Toronto, June 13: India and Canada will sign key agreements covering economic and cultural spheres and are expected to begin negotiation on a comprehensive economic partnership pact during the visit of Prime Minister Manmohan Singh who will be here later this month to attend G-20 summit.
 Singh, accompanied by a high-powered Indian delegation including Deputy Chairman of Planning Commission Montek Singh Ahluwalia, Foreign Secretary Nirupama Rao and National Security Advisor Shiv Shankar Menon, would explore new options to increase bilateral trade and investment with Canada.
 Describing June as a significant month for Indo-Canada bilateral relations, Indian High Commissioner to Ottawa, S M Gavai said the Prime Minister will hold a bilateral meeting with his Canadian counterpart Stephen Harper.
 “Prime Minister Manmohan Singh will be in Toronto on June 26 to participate in the G-20 Summit and the visit will cover bilateral components and meeting with Canadian Prime Minister Stephen Harper and conclusion of important agreements,” Gavai said at the annual gala dinner organised by the Indo-Canada Chamber of Commerce (ICCC) here yesterday.
 The agreements will be signed after a bilateral meeting between Singh and Harper who will host a special dinner in honour of the Indian Prime Minister on June 27, official sources said.
 Over 400 top executives of Canadian companies are expected to attend the dinner.
 India and Canada will also sign a civil nuclear agreement during the Prime Minister’s forthcoming visit, sources had said earlier.
 The four-day visit commences on June 26.
 Singh and his delegation would review progress in the proposed comprehensive economic partnership agreement, the Foreign Investment Protection and Promotion Agreement (FIPPA), an MoU signed between both countries in energy sector and cultural and social security agreements with Harper, sources said.
 They said both countries were keen to strengthen their economic ties and the forthcoming meeting between the two Prime Ministers would be an important historic event.
 A joint study group set up to explore the areas of mutual interests for concluding a comprehensive economic partnership agreement (CEPA) has concluded its study and submitted its report.

Lastupdate on : Sun, 13 Jun 2010 21:30:00 Makkah time
Lastupdate on : Sun, 13 Jun 2010 18:30:00 GMT
Lastupdate on : Mon, 14 Jun 2010 00:00:00 IST




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