Canada, India end talks on investment promotion pact

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OTTAWA, June 17 (Xinhua): Canada has concluded negotiations on a foreign investment protection and promotion agreement (FIPA) with India, marking an important step in tightening bilateral trade ties, International Trade Minister David Emerson announced yesterday.
"This FIPA is a concrete step in our efforts to secure improved access for Canadian firms to a rapidly growing market," Emerson siad in a press release.
"This agreement will provide a stable environment for investors and will further stimulate trade and investment flows between our two countries," Emerson said.