The parading of CETA, the Canada-European Union Comprehensive Economic and Trade Agreement, as a model for what all future free trade deals ought to be is finding no favour in India. The problem for New Delhi is the inclusion of provisions allowing investors to challenge governments at international tribunals. “We have said no to any international agreement in which companies can challenge governments,” India’s commerce and industry minister, Nirmala Sitharaman, told delegates to the World Economic Forum in January.
