ICCC Newsletter - April 2017

15 Apr 2017 9:00 AM | Anonymous
ICCC Newsletter  
 
April 2017  
                                                              

Letter from the President
 

It's time for Prime Minister Justin Trudeau to visit India

Canada’s Defence Minister Harjit Sajjan is in India on an official visit. The trip is an opportunity to strengthen security and defence relations between Canada and India, as well as in areas of mutual importance such as innovation, culture, and trade. During his visit, Minister Sajjan will meet India's Minister of Finance, Defence and Corporate Affairs Arun Jaitely, and the Minister for Foreign Affairs Sushma Swaraj. Minister Sajjan is the fifth Canadian federal minister to visit India in 2017, and the eighth in the last nine months. There are also indications that Indian federal ministers will be visiting Canada in summer, all this will probably lead up to Prime Minister Justin Trudeau’s visit to India.                                              
                                              

It is evident that the Liberal government in Ottawa is focused on a comprehensive overhaul of the bilateral ties with India that will go over and beyond mere optics and focus on substantive issues such as trade and immigration. It may well be that the Trudeau government may herald a new dawn in the bilateral relations between Canada and India by taking the political initiative to sign the much-delayed Comprehensive Economic Partnership Agreement (CEPA) and encourage the Indian political establishment to abandon its recalcitrance on the Foreign Investment Promotion and Protection Agreement  (FIPPA).

At present, the flow of investments is skewed in favour of Canada, with Indian investments in Canada outpacing Canadian investments in India. This is because FIPPA is gathering dust. India needs to understand and appreciate Canadian sensitivities on the insistence on the signing of the FIPPA. The elimination of this roadblock will ensure that Canadian investments will become more robust.


 Click here to read the: Letter from President

 Insight
 

India’s envoy to Canada, brain behind Slumdog Millionaire, tackles trade deals

 The Globe and Mail chats with the new Indian High Commissioner
 

It was easy to spot Vikas Swarup at the Oscars in 2009.

As the cast and crew of Slumdog Millionaire swarmed the stage to accept the award for best picture, Mr. Swarup, the author of the book on which the movie was based, stood among the crowd of stars and gazed out at the Hollywood theatre, soaking up every second under the bright lights. The audience cheered, his colleagues addressed the camera with thanks, but Mr. Swarup just looked up.

"If you look at my pictures at the Academy Awards … I am like this," Mr. Swarup said in a recent interview, head tilted upward with a look of awe on his face.

The path to the Oscars stage is unlikely for any writer, but Mr. Swarup says his journey was more unusual than most. He was a writer by passion – but an ambassador by training. "What is a professional diplomat doing in the Kodak Theatre?"

And now, he has landed in Ottawa.

Mr. Swarup, whose passion for writing and distinguished diplomatic career have taken him around the globe and into the senior ranks of the Indian government, is embarking on a new adventure as India's high commissioner to Canada.

He arrives at a significant time for Canada-India relations, as the two countries attempt to finalize two major trade deals. The former right-hand man to Prime Minister Narendra Modi will communicate India's interests to a federal government that already understands the importance of its relationship with the emerging superpower and identifies India as a priority for Canada's trade agenda.
                           
Click here to read the interview: Insight
 

     
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Global Tenders
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