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Toronto/Canadian-Media: Indo-Canada Chamber of Commerce (ICCC) brings out its Feb 21 weekly newsletter.
ICCC Weekly Newsletter 13 February 2021
Trade makes the world better
On 10 February, the Prime Ministers of both Canada and India spoke and pledged to work in unison to combat the continuing menace of the Covid-19 pandemic.
Responding to the news in my capacity as the President of the Indo-Canada Chamber of Commerce and as an entrepreneur with a base both in Canada and in India, I welcomed this sagacious move that has become a momentous occasion in the chequered history of our bilateral ties.
As an entity that has fostered bilateral relations between our two democracies for the last four decades and more, the ICCC welcomed this initiative by Canada and India to work together on sourcing vaccines.
The ICCC strongly believes that trade and commerce will help Canada and India build stronger bridges. We are confident that a positive approach to bilateral ties will help enhance cooperation and take economic ties on an upward trajectory.
Prime Minister Trudeau and Prime Minister Modi spoke about India’s significant efforts in promoting vaccine production and supply, which have provided vital support to countries around the world. The two leaders agreed to work together on access to vaccines. The leaders also recognized the need for continued global coordination to respond to the pandemic and to promote recovery.
The ICCC has always emphasized the need to put trade first in bilateral relations.
The table of trade numbers of Canada and India with China will illustrate this vividly.
It may be pertinent to point out here that in 2019 and 2020 both Canada and India faced political and geopolitical challenges respectively in their bilateral ties with China. But that was not allowed to come in the way of trade, and as the statistics reveal, trading continued with vigor.