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ASSOCHAM and ICCC Sign MoU to Strengthen India–Canada Business Collaboration

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the Indo

Canada Chamber of Commerce (ICCC) have entered into a Memorandum of Understanding

(MoU) further to strengthen the institutional relationship between the two organisations and

increase engagement between the business communities of India and Canada. The MoU was

signed during the India–Canada Business Roundtable held in New Delhi.

This MoU provides the framework within which the two organizations would collaborate in

an effort to further strengthen trade, investment, and economic cooperation between the

members of both organizations. Through the MoU, ASSOCHAM and ICCC would

collaborate in an effort to strengthen the engagement between the business communities of

both nations and encourage organizations in both nations to explore new avenues of trade and

investment.

Through the MoU, both organizations would focus on increasing engagement in terms of

exchange of information regarding trade policies, economic laws, investment opportunities,

etc. in both India and Canada. This would include increasing engagement between

organisations in terms of joint ventures, production collaboration, etc. This would further

encourage organisations in both nations to explore new avenues of trade and investment.

Through the MoU, both organisations would further focus on facilitating trade missions,

business delegations, participation in exhibitions, etc. Additionally, ASSOCHAM and ICCC

would further collaborate in an effort to hold seminars, conferences, workshops, etc.

The MoU was signed in the presence of notable industry leaders and stakeholders from both

sides. The roundtable meeting included a speech from Mr. Anil K. Agarwal, Past President &

Chairman, ASSOCHAM International Council. In addition, the meeting included addresses

from Mr. Kam Rathee, Chair of the Advisory Board, ICCC, and Mr. Prashant Srivastava,

President, ICCC. The meeting also included industry perspectives from Shri Kunwar Shekhar

Vijendra, Chairman, ASSOCHAM National Council on Education.

Furthermore, the meeting included a special address from Mr. Ed Jager, Trade Commissioner

from the High Commission of Canada to India. This was followed by a keynote address from

the Hon’ble Nina Tangri, Associate Minister of Small Business from the Government of

Ontario.

The validity period for the MoU will be for a period of three years from the 9th of March

2026. It can be renewed upon mutual consent. This will help strengthen the economic

relationship between India and Canada.