Canadian Prime Minister Mark Carney is set to visit India, starting in Mumbai to meet business leaders and then proceeding to New Delhi for discussions with Prime Minister Narendra Modi on March 2. The visit aims to enhance the Canada-India relationship, focusing on trade, energy, technology, artificial intelligence, talent, culture, and defense partnerships. Canada’s economic strengths, including energy resources and technological expertise, will be highlighted during the visit.
Carney’s visit signifies a push to strengthen diplomatic and economic ties between the two nations after strained relations in the past administration. India, being the world’s fastest-growing major economy, holds significant importance for Canada. Both countries aim to elevate their trade relations, with India being Canada’s seventh-largest trading partner in 2024, with a trade value of $30.8 billion.
During a previous meeting at the G20 Summit, PM Modi and Carney discussed the target of achieving $50 billion in bilateral trade by 2030. The leaders emphasized the potential for increased trade and investment cooperation between India and Canada. Canadian Foreign Minister Anita Anand also met with EAM S Jaishankar to deepen cooperation in energy, technology, and trade, reflecting the growing momentum in the Canada-India relationship.
Carney’s visit to India will be followed by trips to Australia and Japan, continuing his diplomatic engagements in the Indo-Pacific region.
