Overview
- Prime Ministers Narendra Modi and Mark Carney announced agreements covering critical minerals alongside cooperation in technology and renewable energy.
- A long-term uranium supply arrangement was unveiled for India’s civil nuclear program, which Carney valued at 2.6 billion Canadian dollars.
- The two governments relaunched negotiations toward a Comprehensive Economic Partnership with a stated intention to finalize the pact soon.
- Carney set a goal to lift bilateral trade to 70 billion Canadian dollars by 2030, while Modi cited a target of 50 billion dollars.
- The visit marks a diplomatic thaw after Ottawa’s 2023 allegation that India was involved in a killing, which New Delhi denies, and it supports Canada’s drive to diversify trade beyond the U.S.