PM Modi speaks to Canada's Carney on building positive momentum in trade ties

Prime Minister Narendra Modi spoke to his Canadian counterpart Mark Carney on Tuesday, wherein the two leaders agreed to build on the positive momentum in India-Canada ties and work towards concrete outcomes across key areas such as trade and energy.

The conversation comes ahead of Canadaian Foreign Minister Anita Anand's visit to India which is scheduled to begin on Tuesday.

"Had a warm and productive conversation with Prime Minister Mark Carney. We agreed to build on the positive momentum in India-Canada ties and work towards concrete outcomes across key areas of our Strategic Partnership, including trade, energy, technology, security and people-to-people ties," PM Modi said in a post on X.


Together, India and Canada are contributing towards a more stable and prosperous world.

Also read: Canadian Foreign Minister Anita Anand to visit India on October 13

The conversation came soon after Commerce and Industry Minister Piyush Goyal met Minister of International Trade of Canada Maninder Sidhu to hold discussions on advancing the India-Canada Comprehensive Economic Partnership Agreement (CEPA) negotiations.

"Discussed advancing the India-Canada Comprehensive Economic Partnership Agreement (CEPA) negotiations, with a focus on a balanced, mutually beneficial agreement that enhances market access & unlocks new trade and investment opportunities.
Confident that the CEPA will provide fresh momentum to bilateral trade and strengthen our economic partnership for shared prosperity," Goyal said, sharing glimpses of his meeting with the Canadian counterpart.

Sidhu is leading Canada's largest trade delegation to India in more than 30 years, with nearly 300 business delegates expected to explore partnerships across key sectors as both countries advance negotiations on the CEPA.

In a post on X, Sidhu said the mission would focus on key areas, including aerospace, clean energy, technology, life sciences, agri-food and forestry, as Canada seeks to expand commercial ties with one of the world's fastest-growing major economies.

"We're also advancing negotiations on a Canada-India CEPA trade agreement, with the goal of opening more opportunities for Canadian workers and businesses," he added.

Sidhu said Canada was also advancing CEPA negotiations, with the objective of creating greater market access and strengthening bilateral economic engagement with New Delhi.

India and Canada re working towards a trade agreement aimed at opening up further opportunities for businesses and workers.