India and Canada have agreed to strengthen their economic partnership, in a move aimed at boosting ties after two years of strained relationship
NEW DELHI — India and Canada on Monday agreed to strengthen their economic partnership, in a move aimed at boosting ties after two years of strained relationship.
Speaking after talks with Canadian Prime Minister Mark Carney, Indian Prime Minister Narendra Modi said the two countries would soon finalize a “comprehensive economic partnership” which is expected to increase bilateral trade to $50 billion by 2030.
India and Canada began advancing negotiations on a long-pending trade agreement last year, as Carney moved to re-engage with New Delhi, restore diplomatic channels and stabilize ties between the two countries.
Carney said the two sides were aiming to conclude the deal by the end of the year.
“This is not merely the renewal of a relationship. It is the expansion of a valued partnership with new ambition, focus, and foresight,” Carney said.
Ties deteriorated after Canadian authorities alleged that India was involved in the killing of a Canadian Sikh activist near Vancouver in June 2023. New Delhi vehemently denied the allegations and accused forme