Narendra Modi’s India election win could be good for Canada

This article has been excerpted from a May 16 news release from CBC News

The CEO of the Canada-India Business Council says the recent India election win by opposition leader Narendra Modi and the Bharatiya Janata Party (BJP) bodes well for Canadian business.

Peter Sutherland, also Canada’s Former High Commissioner to India, expects to see a free trade agreement between Canada and India signed by the end of the year now that a business-friendly government is in charge.

Sutherland says free trade talks have been in “a stage of abeyance” while the lengthy election played out. Now that it’s over, Sutherland said things could start to move quickly.

“With a BJP government, which is more business oriented, I think they will want to get this thing done, and get it done by the end of the year.” he said. “If they put their minds to it, I think they could do it.”

Canada and India began formal free trade discussions in 2010.

To read this article in its entirety, please visit CBC News

 

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