India-Canada trade pact in progress
India and Canada are nearing the signing of a trade agreement that will expand cooperation in the fields of goods, services, and investments, with a focus on energy, critical minerals, and technology. Indian Prime Minister Narendra Modi is expected to visit Canada next December to ratify the agreement, as negotiations are nearing completion, with the goal of doubling trade volume to 70 billion Canadian dollars annually by 2030. The two sides are seeking to strengthen economic relations after a period of tension, and the agreement includes strategic areas such as nuclear energy and renewable energy, along with efforts to increase Indian investments in natural gas projects and critical minerals in Canada.
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