Friday, November 12, 2010
Listen to HM PM Harper here.
In Seoul, South Korea, for the G20 summit, Prime Minister Stephen Harper announced that negotiations for an agreement that could be worth as much as $6 billion a year to both countries has begun.
"Our government is committed to opening new markets for Canadian goods and services," Harper said in a statement. "Today, I am pleased to announce that we have taken another step on that path by launching trade negotiations with India."
The two countries have flirted with a trade agreement for years, before stepping up efforts of late. No timetable has been set for negotiations, however.
In recent months, Canada has been active in trade negotiations, as it seeks to diversify away from the increasingly wobbly U.S. economy. Negotiators are in the midst of a trade pact with the European Union that they hope to complete next year.