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Canada and India aim to finalize a major trade deal within a year, targeting $50 billion in bilateral trade by 2030.
Ahead of Prime Minister Mark Carney’s visit to India, Canada’s high commissioner in New Delhi said a comprehensive trade deal could be finalized within a year, citing improved political will and progress on energy, climate, and high-tech cooperation.
Despite past setbacks, including disputes over market access and allegations involving a 2023 Sikh activist’s murder—denied by India—both nations are now pursuing structured talks on security and economic ties.
With Canada a major commodity exporter and India a growing consumer market, both aim to double bilateral trade to $50 billion by 2030.
The deal would cover goods, services, agriculture, digital trade, and investments, aligning with shared goals for predictable global trade rules amid U.S. tariff uncertainty and Chinese influence.
Canadá e India tienen como objetivo finalizar un importante acuerdo comercial dentro de un año, con un objetivo de 50 mil millones de dólares en comercio bilateral para el año 2030.