India-Canada Economic Agreement

Syllabus of the Subject: India-Canada Exhaustive Economic Partnership Agreement

1. Introduction to the Comprehensive Economic Partnership Agreement (EPA) between India and Canada
2. International Trade (Import, Export) between India and Canada
3. Foreign Trade Liberalisation in goods and services
4. Indian foreign direct investment (FDI) in Canada
5. Canadian investments in India

Sample: India-Canada Exhaustive Economic Partnership Agreement (FTA)

Description: India-Canada Exhaustive Economic Partnership Agreement.

In 2009, India and Canada announced the creation of a Joint Study Group that will research the chance of an Exhaustive Economic Partnership Agreement between India and Canada.

1. The agreement is not in force
2. The Canadian Government estimates that the gross domestic product gains 0.4% for Canada and 0.5% for India, which amount to USD 6 billion at actual gross domestic product levels for India and Canada
3. The modelling exercise of India, produced larger gains (1% of the gross domestic product, or USD 12 billion for India and USD 15 billion for Canada)

Foreign Trade Canada-India.

1. Exported products from Canada to India augmented at an compound annual rate of 24% over this period, while the imports from India grew by 13%. India was the 16th trading partner (products) of Canada
2. Canada was the 30th trading partner of India
3. The leading Indian export sectors to Canada are chemical products (25.2% of the total exports to Canada), textiles and wearing apparel (24.9%), other manufacturing products as well as machinery and equipment
4. Over the past nine years, the international trade in services between Canada and India tripled to reach USD 693 million
5. Top services of Canada from India are travel services

Canada belongs to the North American Economic Area (Western-Christian Civilisation) and India to the Hindu Economic Area.

1. Indian Free Trade Agreements: Sri Lanka, Thailand, Indonesia, Singapore, ASEAN, South Korea, European Union, New Zealand, Africa-India, Mauritius, Australia, Gulf Cooperation Council, SACU, SAARC, BIMSTEC, IORA, APTA, ACU, EFTA, Chile, MERCOSUR, Andean Community...
2. Canadian Free Trade Agreements (FTA): USMCA/NAFTA 2.0, APEC, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, European Union, EFTA, Jordan, ASEAN, Honduras, Panama, Colombia, Peru, Chile, Costa Rica...