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Tuesday, January 15, 2013

Canada seeks comprehensive economic pact with India

New Delhi: Canada wants an "ambitious" Comprehensive Economic Partnership Agreement (CEPA) with India, Canadian High Commissioner to India Stewart Beck said here on Monday.

Addressing a seminar, the envoy said the agreement should ensure maximum movement of people apart from giving the best possible rates for Canadian goods. He added that Canada could also bring capital to India. The envoy hoped that the foreign investment agreement would help both countries. "This is something which will also help Indian investments in Canada," the envoy said.

In the field of education, Beck said the number of student visas issued to Indians had touched 13,000 last year from 3,000 in 2008.

Admitting that relations between the two countries were affected by some problems earlier, the envoy said the past has been buried.

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