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flag India and Canada are close to finalizing a trade deal to boost bilateral trade to $50 billion by 2030.

flag India's High Commissioner to Canada, Dinesh Patnaik, said Canada and India are on track to finalize a Comprehensive Economic Partnership Agreement within a year, citing renewed diplomatic momentum and progress since negotiations resumed in November. flag The deal, aimed at doubling bilateral trade to $50 billion by 2030, covers goods, services, investments, agriculture, and digital trade. flag Both nations have complementary economies, with Canada as a major commodity exporter and India as a growing consumer market. flag Key issues like phytosanitary standards and procurement rules are no longer major obstacles. flag Prime Minister Mark Carney’s upcoming visit to India in early March is expected to include high-level meetings and agreements on uranium, energy, minerals, and artificial intelligence, reinforcing strengthened economic ties.

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