I want to go back to our first guest.
There are a number of issues. I'm going to take a little different point of view than the official opposition takes. If we can finally get the FIPA signed by everyone who's involved, it will continue to open those doors that have been closed for some time. It will give us some structures on foreign investment in India. The free trade agreement, which was dead for many years, has been resurrected. It's a long way from being completed, but at least it's been resurrected.
We do have some commonalities with India, including a common language, English. At least one of our official languages is spoken there by millions and millions of Indians. Actually, I think it's the one common language in India.
On top of that, we have some challenges. Those challenges are distance, a protectionist state, at the subnational level especially, and foreign investment policies that are prohibitive.
Here's my challenge to you, sir. If you took Canada's GDP and India's GDP, we have somewhere around $3.7 trillion or $3.8 trillion or $3.9 trillion, and we're doing a couple of billion dollars' worth of trade. When we started this discussion with the Indians when we formed the government, I think we were doing about $6 billion worth of trade jointly. We're above that now, so we're headed in the right direction.
Even with the challenges, what's the potential?