Has Canada thought of a strategy to boost trade with India through enhanced flow of investment?
There can be no better recognition of our intentions of evolving better commercial relations between Canada and India than a trade mission comprising Canadian busi-nesses and government officials and led by the trade minister himself. We have dealt here with Canadian-Indian business councils and Canada-India chambers of commerce. We are working with them to encourage them to mobilise memberships. This is not needed for large Canadian companies but for the small and medium-sized firms which have big pot-ential yet haven’t looked outside Canada yet. We are also looking at bilaterals with Indian companies to encourage more Indian companies who want to access the US using Canada as a bridge. We encourage Indian companies to enter Nafta through Canada. There are several advantages, such as low cost of doing business that Canada can offer. What are the current trends in bilateral economic co-operation? We are negotiating a foreign investment protection agreement (FlPA) with India. This will
