News release

Roy Cullen M.P. to participate in Team Canada trade Mission to India.

ETOBICOKE – Roy Cullen, Member of Parliament for Etobicoke North, will accompany International Trade Minister Pierre Pettigrew on the Team Canada Trade Mission to India April 21st to 26^th. The trade mission will visit Mumbai (formerly Bombay) and Delhi.

India is the world's 12th largest economy and ranked 4th in terms of purchasing power parity. As such, India represents an ideal market for Canadian goods and services. "India, with a population of 1 billion citizens, presents very promising opportunities for business in Canada and Etobicoke North in a variety of sectors, including information and communications technologies, power, transportation infrastructure, the environment, housing and building products, financial and corporate services, education and agri-food. Canada has very strong ties with India giving our business a comparative advantage in this huge market."

India's economy has benefited from the sustained reforms of the past decade. Economic growth during this period has been robust -- five to six percent annually -- making the world's largest democracy an ideal market for Canadian exports. In addition, India is the gateway to South Asia, an even broader market that also has great potential.

"Given the large South Asian population in my riding of Etobicoke North, and the volume and variety of interaction between myself and the Canadian High Commission in Delhi, I will take this opportunity while in India to meet with the High Commissioner and his staff to discuss a variety of issues." Mr. Cullen said.

The trade mission had previously been scheduled for October 2001, but was postponed in September.

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