India, Canada aim for trade pact by year end, agree uranium deal
World • 5h ago
Bilateral trade expected to hit $50bn by 2030, says Indian PM Narendra Modi as he hosts his Canadian counterpart, Mark Carney, in New Delhi.
India and Canada will aim to conclude a free trade pact by the end of this year, says Canadian Prime Minister Mark Carney, as the two countries seek to boost economic ties after two years of a strained relationship.
Speaking after talks with Carney, Indian Prime Minister Narendra Modi on Monday said the two countries would soon finalise a “comprehensive economic partnership” which is expected to increase bilateral trade to $50bn by 2030 from nearly $9bn in 2024-25.
India and Canada began advancing negotiations on a long-pending trade agreement last year. Carney said the two sides were aiming to conclude the deal by the end of the year.
“This is...