New Delhi: India and Canada on Monday sealed key pacts on supplies of Uranium and critical minerals and vowed to soon conclude a comprehensive economic partnership agreement, with Prime Minister Narendra Modi and his Canadian counterpart Mark Carney finalising a new framework to shore up ties including taking bilateral annual trade to $50 billion by 2030.
In their wide-ranging talks, the two leaders also pledged to ramp up cooperation in defence, critical technologies, small and modular nuclear reactors, education and renewable energy as Modi said the relations between the two countries are now filled with new energy, mutual trust and positivity. Canada is set to support India’s civil nuclear energy sector under the $2.6 billion uranium supply agreement.
The prime minister said both sides agreed that terrorism, extremism, and radicalisation are common and serious challenges not only for India and Canada but for all humanity. “Our close cooperation against these is crucial for global peace and stability,” he said. Modi and Carney also deliberated on the precarious security situation in West Asia with PM Modi asserting that India supports the resolution of all conflicts through dialogue and diplomacy.
“The current situation in West Asia is a matter of deep concern for us. India supports the resolution of all disputes through dialogue and diplomacy. We will continue to work with all countries to ensure the safety of all Indian citizens in the region,” the prime minister said in his media statement. The major outcomes of the Modi-Carney talks were their decision to expand trade relations, a move that comes amid Canada’s increasingly frosty economic ties with the Trump administration.
The fresh move to bolster ties came as part of ongoing efforts by both sides to reset the relations that came under severe strain following a diplomatic row over the killing of a Khalistani separatist in 2023. PTI
