International Trade committee  Thank you, sir.

International Trade committee  About the immigration policy, I will take that question later on. First, about the ICCC role in pursuing the signing of CEPA, we have a direct connection with the federal government in India and we are pursuing that directly, as well as with the High Commission of India in Ottaw

International Trade committee  Okay. With respect to the present Canadian government, I, personally, from a chamber perspective, agree with the immigration policies of the government. The government is looking for people with a skill set to come to Canada, which is a good thing. The government is promoting ed

International Trade committee  The one sector that has been untouched between the two countries is the defence sector. India's budget.... Almost 15% to 17% of its budget goes towards the defence sector, and now India is accepting foreign debt investment into the defence sector, and [Inaudible—Editor]. I know a

International Trade committee  With CEPA, the trust between the companies, the trust between the governments, and the trust between the SME sectors will increase. At the same time, taxation and import duties will be reduced. It's like a free trade agreement. When there is a free trade agreement, there is no ta

International Trade committee  CEPA is not government to government. When the CEPA is signed, in all the provinces and all the states in India that are doing exports, it is not a provincial rule. It is going to be a federal government rule. There is no taxation. When there is no taxation, whether somebody is s

International Trade committee  In India, the import duty is 26%, which is very high. If a free trade agreement like CEPA is signed, the import of canola oil from Canada to India will have a multifold boost. There's one more thing I would like to tell you. India has a huge industrial base. In Asian countries,

International Trade committee  As I said, the Canada pension plan made a small investment in India, and it was a small investment because the FIPA has not been signed. There is no protection of foreigners within your protection act right now. Once the FIPA is signed, the Canada pension plan and other agencies

International Trade committee  In terms of youth and SMEs, in our chamber we have different committees. We have a committee called YE, young entrepreneur, and WE, women entrepreneur. We have a special focus on youth and women, mainly for the small business sectors. In India, SMEs are the backbone of the India

International Trade committee  Our members are well aware because we have been doing different events, educating all of our members on what the new policies are that are coming from the federal government or the provincial government on international trade. At the same time, EDC and BDC.... For BDC, there are

International Trade committee  The utmost thing, I feel, is the infrastructure. As I said, $6 billion is going into investment in Asia. An almost $2.5-million investment is going to India. The most important thing which I feel is missing is that India has 30 provinces, 30 states, and every state has its own st

International Trade committee  Thank you so much. Good evening, members of the international trade committee, and colleagues from the Canada-Ukraine Chamber of Commerce. This is the first time we at the Indo-Canada Chamber of Commerce have had an opportunity to come to the House of Commons to talk about the I