India and Canada have expressed their strong commitment to take forward negotiations for early conclusion of Comprehensive Economic Partnership Agreement, CEPA. India also highlighted the importance of services component under the agreement at the 4th India-Canada Ministerial Dialogue on Trade and Investment which was held in New Delhi today. <br/><br/>The Indian Delegation was led by Commerce and Industry Minister Suresh Prabhu while the Canadian side was headed by the Minister for International Trade, Fran'ois-Philippe Champagne. <br/><br/>Both sides also noted the exchange of wish lists on the services front and the Indian side reiterated that the architecture for Services under CEPA is a vital focus area and response from Canada on positive elements has to be mutually beneficial.<br/><br/> The Canadian side assured that they would look into the issues concerned, including movement of natural persons and what kind of provisions could be built into the CEPA. The Ministers directed the Chief Negotiators to discuss and explore ways for early conclusion of the agreement. <br/><br/>Both sides also took note of the progress made under the Foreign Investment Promotion and Protection Agreement and expressed their hope for an early conclusion. <br/><br/>The two sides recognized that the current bilateral trade is much below the potential between the two robust economies.