India’s commerce minister says Carney’s recent visit helped to reset relations
Officials aim to conclude a comprehensive economic partnership agreement this year as the countries target $50 billion in trade by 2030.
- Indian Commerce Minister Goyal declared Monday that Canadian Prime Minister Carney's visit "completely changed the way Canada and India looked at each other," signaling a rapid partnership reset between the nations.
- Relations between the countries had frozen in 2023 after Ottawa accused New Delhi of involvement in a Canadian Sikh activist's assassination in Surrey, B.C., until Carney prioritized resetting ties after becoming prime minister in 2025.
- Carney's March visit to Mumbai and New Delhi, the first Canadian prime ministerial trip in eight years, produced a $2.6-billion uranium deal and 10 commercial agreements worth more than $5.5 billion with Indian Prime Minister Narendra Modi.
- Both countries aim to reach a free-trade agreement by year-end and triple trade to US$50 billion by 2030, with International Trade Minister Sidhu describing engagement as "WhatsApp diplomacy" and Canada sending a delegation later this year.
- The India reset fits within Canada's broader strategy to double non-U.S. exports over the next decade, as the government pursues major trade deals with Mercosur and the Association of Southeast Asian Nations.
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67 Articles
India, Canada eye 'game changer' deal; aim to triple bilateral trade to $50 billion by 2030
India and Canada are accelerating free trade agreement negotiations, aiming to boost bilateral trade to $50 billion by 2030. Both nations are committed to deepening economic ties, with a 'Team Canada' business delegation set to visit India later this year to explore new opportunities.
Canada and India Push for Major Free Trade Deal Focused on Energy and Tech
Canada and India are negotiating a free trade deal anchored in energy, agri-food, and technology, Canadian Prime Minister Mark Carney said, describing a potential agreement as a game changer for Canada’s businesses and workers. “We’re negotiating a free trade deal with India. This will be a game changer for Canadian workers and businesses — unlocking a massive new market,” Carney said in posts on his social media channels. Carney met with India’…
Canada "Working Fast" For "Game Changer" Trade Deal With India
Canada and India have been in trade talks since 2010. Talks were shut down by Ottawa in 2023 after Canadian authorities alleged that India was involved in the killing of Canadian Sikh activist Hardeep Singh Nijjar near Vancouver in June that year.
An Indian minister says that Prime Minister Mark Carney's recent visit to India has resulted in a reshaping of Canada's relationship with India.
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