India, Canada resume FTA talks

New Delhi: India and Canada have agreed to resume negotiations for a Free Trade Agreement (FTA) with an aim to increase the two-way trade to $50 billion by 2030, according to Commerce and Industry Minister Piyush Goyal. An FTA or Comprehensive Economic Partnership Agreement (CEPA) has many strategic elements to it and it is a demonstration of the trust between the two countries, Goyal said here at an event on Monday. The pact would give confidence to investors, businesses of both sides, he said.