India and Canada Eye Trade Deal Amidst Diplomatic Thaw, PM Carney’s Visit
As discussions continue, India and Canada are planning a visit from Canadian Prime Minister Mark Carney to New Delhi in March to expedite negotiations on a bilateral trade deal. This visit aims to restart talks on a Comprehensive Economic Partnership Agreement (CEPA), with the goal of doubling bilateral trade to $50 billion by 2030. The urgency for this agreement has increased due to rising trade tensions with the United States. Additionally, the two countries are exploring deeper cooperation in the civilian nuclear sector and increased investments from Canadian pension funds.
John Q. Hosedrinker