February 26, 2018

Justin Trudeau’s false fixation with ‘progressive’ trade

Resident Senior Fellow, Vivek Dehejia, writes in Mint on Canadian Prime Minister Justin Trudeau's week-long visit to India. Excerpts below:


"Quite a few words have been written and spoken in the global media this past week on Canadian Prime Minister Justin Trudeau’s recently concluded, ill-fated, week-long visit to India, including a good many by me. What has been lost in the background noise—not difficult to happen, given the glaring absence of signal—is the noteworthy failure of Canada and India to conclude agreement either on the Comprehensive Economic Partnership Agreement (Cepa) or the Foreign Investment Protection Agreement (Fipa). These have been in the works since 2010, when negotiations began under previous governments in both countries.


One legitimate reason for the delay in bringing these negotiations to fruition is that India hit the reset button on its ongoing bilateral trade and investment negotiations after the government of Prime Minister Narendra Modi came to power in 2014. Yet, that is not, at this juncture, the most fundamental obstacle. The real difficulty is that since coming to power in 2015, Trudeau has proclaimed a pivot in Canada’s trade policy towards what he has dubbed a “comprehensive and progressive” approach."


Read the full article here.


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