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India Ready to Begin Bilateral Investment Treaty Talks with Canada

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India has expressed readiness to initiate negotiations on a Bilateral Investment Treaty (BIT) with Canada at the earliest opportunity. The announcement came through a joint statement issued following a meeting between ministers from both countries. The two sides discussed ways to strengthen trade and investment ties and identified several areas for economic cooperation. A Bilateral Investment Treaty is a formal agreement between two nations aimed at providing greater protection and certainty to investors on both sides.

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