{"id":400194,"date":"2025-11-24T00:24:27","date_gmt":"2025-11-24T00:24:27","guid":{"rendered":"https:\/\/www.europesays.com\/us\/400194\/"},"modified":"2025-11-24T00:24:27","modified_gmt":"2025-11-24T00:24:27","slug":"carney-and-modi-agree-to-restart-stalled-canada-india-trade-talks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/400194\/","title":{"rendered":"Carney and Modi agree to restart stalled Canada-India trade talks"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

Prime Minister Mark Carney and Indian Prime Minister Narendra Modi met at the G20 summit in Johannesburg on Sunday, and agreed to restart stalled trade talks.Sean Kilpatrick\/The Canadian Press<\/p>\n

Prime Minister Mark Carney<\/a> and Indian Prime Minister Narendra Modi have agreed to pursue what they are calling a comprehensive economic partnership, restarting trade talks that have been frozen for the past two years. <\/p>\n

The development comes after the two leaders met on the sidelines of the G20 summit in Johannesburg on Sunday. It is the latest evidence of a thaw in relations between the two countries, which broke down following the killing of Sikh activist Hardeep Singh Nijjar in Canada in 2023.<\/p>\n

Canada and India have been pursuing a free trade agreement in fits and starts since 2010. The latest effort started in 2022 but was called off the following year amid the diplomatic row that followed Mr. Nijjar\u2019s assassination, which Canadian law enforcement officials have blamed on the Indian government.<\/p>\n

\u201cThe leaders agreed to begin negotiations on a high-ambition Comprehensive Economic Partnership Agreement (CEPA), aimed at doubling bilateral trade to USD 50 billion by 2030,\u201d the Indian government said in a press release following the meeting between Mr. Carney and Mr. Modi.<\/p>\n

\u201cBoth sides reaffirmed their longstanding civil nuclear cooperation and noted the ongoing discussions on expanding collaboration, including through long-term uranium supply arrangements.\u201d<\/p>\n

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Two Canadian government officials also confirmed the resumption of negotiations.<\/p>\n

Ottawa has sought to re-engage with several large economies with which diplomatic relations had frayed in recent years, including both India and China. This is part of the government\u2019s efforts to diversify trade away from President Donald Trump\u2019s protectionist United States, and double overseas exports to $600-billion from $300-billion over the next decade. <\/p>\n

Speaking to reporters before the meeting with his Indian counterpart, Mr. Carney highlighted the commercial relationship Canada has with India. <\/p>\n

\u201cWe are one of the largest, for example, foreign investors in India. Canada is. And there have been tight ties. What we\u2019re looking to do is to put that on a sound footing through a potential trade agreement between the two countries which give protections to our businesses, protections to Indian businesses, a clear set of rules, dispute mechanisms and others,\u201d Mr. Carney said. <\/p>\n

Actual trade between the two countries remains relatively limited. In 2024, Canada exported $5.3-billion worth of goods to India and imported $8-billion worth of goods, according to Statistics Canada. <\/p>\n

Canadian services exports to India have grown considerably in recent years, with much of this being driven by spending by Indian foreign students in Canada, which is classified as a service export. <\/p>\n

Canada, India and Australia also agreed over the weekend to a \u201ctechnology and innovation partnership,\u201d intended to boost cooperation in fields of critical technologies, nuclear energy, diversification of supply chains and AI. <\/p>\n

Mr. Modi invited Mr. Carney to visit India and the country\u2019s high commissioner to Canada, Dinesh Patnaik, said he expected the Canadian leader might travel there in the first half of 2026.<\/p>\n

\u201cWe\u2019re off to the races,\u201d Mr. Patnaik said of Sunday\u2019s announcement from Canada and India.<\/p>\n

In June, Mr. Modi came to Canada at Mr. Carney\u2019s invitation to attend the G7 meeting in Kanaskis, Alta. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Prime Minister Mark Carney and Indian Prime Minister Narendra Modi met at the…\n","protected":false},"author":3,"featured_media":400195,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2148,2138,671,104,2132,692,2147,2131,2143,2144,2140,2133,2130,79,407,746,2142,2137,2159,2134,2135,454,2139,1165,728,2149,108,2154,2155,50,2157,2152,2156,2150,2153,2136,85,2146,80,2145,2151,1458,158,1164,2141,1154,107,2158],"class_list":{"0":"post-400194","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-alberta","9":"tag-arts-news","10":"tag-bc","11":"tag-breaking-news","12":"tag-breaking-news-video","13":"tag-british-columbia","14":"tag-canada","15":"tag-canada-news","16":"tag-canada-sports","17":"tag-canada-sports-news","18":"tag-canada-trafficcanada-weather","19":"tag-canadian-breaking-news","20":"tag-canadian-news","21":"tag-economy","22":"tag-education","23":"tag-environment","24":"tag-federal-government","25":"tag-foreign-news","26":"tag-globe-and-mail","27":"tag-globe-and-mail-breaking-news","28":"tag-globe-and-mail-canada-news","29":"tag-government","30":"tag-life-news","31":"tag-lifestyle","32":"tag-local-news","33":"tag-manitoba","34":"tag-national-news","35":"tag-new-brunswick","36":"tag-newfoundland-and-labrador","37":"tag-news","38":"tag-northwest-territories","39":"tag-nova-scotia","40":"tag-nunavut","41":"tag-ontario","42":"tag-pei","43":"tag-photos","44":"tag-political-news","45":"tag-political-opinion","46":"tag-politics","47":"tag-politics-news","48":"tag-quebec","49":"tag-sports-news","50":"tag-technology","51":"tag-travel","52":"tag-trudeau","53":"tag-us-news","54":"tag-world-news","55":"tag-yukon"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/400194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=400194"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/400194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/400195"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=400194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=400194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=400194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}