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Talks on to resolve pulses import duty hike issue: Canadian Minister

The Dollar Business Bureau Canadian Minister of Infrastructure and Communities Amarjeet Sohi said on Monday that discussions were on for resolving the issue of hike in tariff on imports of pulses by India. “Talks on to resolve pulses import duty hike issue with India,” Sohi told the media persons at an interactive session organised by Indian Chamber of Commerce in Kolkata. India, which makes up for almost 48% of the global pulses consumption, is a key importer of pulses from Canada and the US. In 2016-17, out of $4.1 billion imports from Canada, India imported $1.1 billion worth of pulses. However, pulse shipments from Canada have fallen to around $500 million in 2017-18, due to Indian government’s controls and duties following a supply surplus ...

Canada to supply uranium for Indian power reactors

The Dollar Business Bureau India and Canada will conclude a Bilateral Investment Promotion & Protection Agreement very soon and are also keen to implement the road map for a Comprehensive Economic Co-operation Agreement by September 2015. A statement in this regard was made by the Prime Minister (PM) of India, Narendra Modi on Wednesday, during a Joint Press Interaction with the Canadian PM Stephen Harper at Ottawa, Canada. Both the sides have also agreed upon a uranium deal as part of the bilateral nuclear cooperation between the two countries. The deal worth around $350 million was signed between the Atomic Energy Commission of India and Cameco Corp- Canada’s largest uranium producer, in the presence of Modi and Harper. Under ...