Prime Minister Mark Carney’s office says Canada and India have agreed to a wide ranging set of initiatives meant to reset and expand the relationship, with a focus on trade, energy, talent, and technology.
The federal government says Carney met with India’s Prime Minister Narendra Modi in New Delhi as part of a visit that ran from late February into March 2, and that the leaders released a joint statement and welcomed multiple memorandums of understanding.
Trade is a major pillar.
Ottawa says Canada and India intend to conclude a Comprehensive Economic Partnership Agreement this year, and are setting a longer term target of growing two way trade to $70B by 2030.
Energy is another central theme.
Carney’s office says the two countries are launching a strategic energy partnership that includes work in LNG, LPG, uranium, solar, and hydrogen, alongside cooperation on critical minerals supply chains.
One of the biggest headline items is a uranium supply agreement.
The federal government says a $2.6B deal involving Saskatoon based Cameco will supply nearly 22 million pounds of uranium to India for nuclear generation from 2027 through 2035.
On talent and innovation, Ottawa says a new Canada India strategy will expand post secondary partnerships and research links, including new collaborations between universities and additional student and faculty exchange opportunities.
The government also says technology and security cooperation were part of the talks, including plans to deepen ties in areas like space based collaboration, and continued work on security and law enforcement priorities, including the illegal flow of drugs and fentanyl precursors.
(Written by: Joseph Goden)
