Category: International

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Opening the Asia-Pacific Gateway: Canada-Korea Free Trade Agreement

March 17, 2014

  Nearly 10 years after negotiations first began, the federal government announced on March 11, 2014 that the Canada-Korea Free Trade Agreement (CKFTA) negotiations have come to a close. Beginning in 2005, Canada and the Republic of Korea (Korea) engaged in 14 rounds of negotiations before arriving at terms acceptable to both sides.     BACKGROUND   Canada’s existing ties…

India Reforms Tax Regime for Foreign Portfolio Investors

February 20, 2014

  On January 7, 2014, the Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014. These regulations created a new class of Foreign Portfolio Investors (FPIs) and amended certain key rules and procedures applicable to foreign investors. On January 22, 2014, the Central Board of Direct Taxes (CBDT) announced that…

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