Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

India and Canada Restart Trade Talks, Eyes $50B by 2030

India and Canada Restart Trade Talks, Eyes $50B by 2030

Post by : Badri Ariffin

India and Canada are taking a major step toward strengthening economic ties, as leaders of both nations agreed to resume talks on a high-ambition free trade deal. Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney met on the sidelines of the G20 Summit in Johannesburg, marking a significant thaw in relations after a period of diplomatic tension.

The proposed Comprehensive Economic Partnership Agreement (CEPA) aims to double bilateral trade to $50 billion by 2030. The deal would not only enhance trade but also deepen cooperation in sectors like technology, education, energy, defence, and space. Both nations are exploring ways to secure long-term uranium supply arrangements and strengthen civil nuclear energy ties.

In addition, the leaders welcomed the Australia-Canada-India Technology and Innovation (ACITI) Partnership. This trilateral collaboration will focus on critical technologies, artificial intelligence, nuclear energy, and supply chain diversification. Carney also expressed support for India hosting the AI Summit in February 2026, signaling shared interest in future-forward innovation.

Bilateral ties had faced a rough patch in 2023 following the killing of Khalistani leader Hardeep Singh Nijjar in Canada. Then-Prime Minister Justin Trudeau raised allegations of Indian government involvement, which India firmly denied. Since Carney took office in March, both countries have made efforts to reset relations, including appointing new ambassadors and continuing dialogue on trade, law enforcement, and security.

The G20 meeting also underscored the importance of high-level exchanges. Modi extended a personal invitation to Carney to visit India, hinting at sustained engagement and growing confidence in the bilateral partnership. With CEPA back on the table, both nations are signaling a determined push toward stronger economic and technological cooperation in the years ahead.

Nov. 24, 2025 12:43 p.m. 562

#India News #Canada News

US Security Officials Drive S. Jaishankar 416 Miles During Shutdown
Jan. 9, 2026 7 p.m.
US security drove External Affairs Minister S. Jaishankar 416 miles during a government shutdown to reach his UN meeting on time
Read More
Man Arrested for Stealing 100+ Human Remains from Abandoned Cemetery
Jan. 9, 2026 6:32 p.m.
Police found over 100 human bones and skulls in a man's home after he stole remains from mausoleums at a large abandoned cemetery near Philadelphia
Read More
TSMC Reports Significant Growth in Q4 Revenue Driven by AI Chip Demand
Jan. 9, 2026 6:06 p.m.
TSMC's fourth-quarter revenue surged over 20%, surpassing expectations due to increasing demand for AI chips, solidifying its sector leadership.
Read More
US Pledges $45M to Strengthen Fragile Thailand-Cambodia Truce
Jan. 9, 2026 5:58 p.m.
The US will provide $45 million in aid to help stabilize the fragile truce between Thailand and Cambodia amid ongoing border tensions and peace talk
Read More
Critical Supreme Court Rulings Loom Over Trump’s Tariff Strategy
Jan. 9, 2026 5:51 p.m.
The US Supreme Court will soon decide on Trump’s tariffs, which could redefine presidential powers and impact global trade.
Read More
Abu Dhabi’s Sustainable Schools Initiative Recognized with Prestigious 7-Star Award
Jan. 9, 2026 5:49 p.m.
The Sustainable Schools Initiative in Abu Dhabi secures a top 7-star ESG award at IBPC 2025, highlighting its excellence in sustainability education.
Read More
US Stock Futures Remain Steady as Key Jobs Report and Tariff Ruling Loom
Jan. 9, 2026 5:45 p.m.
US stock futures exhibit little change as investors await important jobs data and a Supreme Court ruling regarding Trump-era tariffs.
Read More
Intensifying Bushfires in Victoria: Three Individuals Unaccounted For
Jan. 9, 2026 5:43 p.m.
Extreme heat and strong winds are exacerbating bushfires in Victoria, leading to three missing persons and the destruction of homes.
Read More
Storm Goretti Hits France and Britain, Leaving Many Without Power
Jan. 9, 2026 5:38 p.m.
Storm Goretti wreaks havoc in France and Britain, leaving hundreds of thousands without power and severely disrupting daily activities.
Read More
Trending News