Brief by Shorts91 Newsdesk / 01:23pm on 15 Sep 2023,Friday Business
Negotiations between India and Canada for a free trade agreement have hit a pause due to recent political developments in Canada. Sources said talks were abruptly halted last month and are expected to resume once bilateral issues are resolved. Hopes were high for an interim trade deal by year-end earlier. Ties have been strained over the rise of pro-Khalistan activities in Canada, which PM Modi strongly expressed concerns about during his meeting with Canadian PM Justin Trudeau at the G20 Summit. Despite this setback, both countries recognized potential for deepening economic engagement in previous trade dialogues. The negotiations for a comprehensive trade pact have been ongoing since 2010 but the latest suspension highlights current challenges.