US EditionCarney, Modi agree to launch negotiations on new Canada-India trade deal
Canada and India agreed to launch negotiations for a trade pact aiming to more than double bilateral trade to $50 billion by 2030, expanding cooperation in multiple sectors.
- On Sunday, Prime Minister Narendra Modi met Canadian Prime Minister Mark Carney to begin CEPA talks aiming to double bilateral trade to USD 50 billion by 2030, with Carney accepting Modi's invitation to visit India in early 2026.
- Following the diplomatic low point, the return of high commissioners and ministerial talks earlier this month marked steps to normalise India-Canada relations, despite Trudeau's 2023 allegations.
- The leaders welcomed the Australia-Canada-India Technology and Innovation Partnership to boost trilateral tech and AI cooperation; both reaffirmed civil nuclear cooperation and discussed long-term uranium supply, while bilateral trade surpassed USD 30 billion in 2024, with Canadian pension funds showing keen interest.
- Following the bilateral summit, Prime Minister Narendra Modi and Prime Minister Mark Carney pledged reciprocal knowledge transfer and continued ministerial engagement, emphasising regular high-level exchanges and plans to meet again soon.
- The summit positions India and Canada to deepen ties in defence, space, trade, and investment, with Prime Minister of Canada Mark Carney describing India as a dependable economic partner and noting Canadian firms as major foreign investors in the near future.
113 Articles
113 Articles
Canada cozies up to India for trade deal after years of strain as Trump continues pushing the world into new alliances
Canadian Foreign Minister Anita Anand said Monday that Canada and India will move quickly to advance a trade deal after two years of strained relations, noting Ottawa has a new foreign policy in response to U.S. President Donald Trump’s trade war. Anand’s statement follows a meeting between Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi at the Group of 20 summit in South Africa this past weekend, where the leaders ag…
Canada, India revive negotiations for comprehensive trade deal, after 15-year attempt
Prime Minister Mark Carney and Indian Prime Minister Narendra Modi are reviving attempts at a comprehensive trade deal, which both countries started negotiating in 2010. “The two leaders agreed to formally launch negotiations for a Comprehensive Economic Partnership Agreement,” Foreign Affairs Minister Anita Anand told The Canadian Press at the G20 summit in Johannesburg. She said the trade deal would include goods, services, investments, agricu…
Canada's top diplomat says Ottawa is working fast to advance India trade deal
Canadian Foreign Minister Anita Anand says Canada and India will move quickly to get a trade deal after two years of strained relations. In an interview Monday with The Associated Press, she notes that Ottawa has a new foreign policy…
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