India, Canada to resume trade deal talks
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Foreign Affairs Minister Anita Anand says Canada continues to take public safety, transnational repression and foreign interference seriously as it negotiates a trade agreement with India — a country Ottawa iced out over allegations it was involved in the killing of a Sikh activist on Canadian soil.
The landmark agreement, expected to be finalised soon, signals deeper civil nuclear cooperation between India and Canada, with fuel supply from Cameco Corp. over the next decade
India and Canada are reportedly close to finalising a $2.8-billion uranium deal, signalling revived nuclear and trade cooperation despite recent diplomatic tensions and marking a major boost for India’s energy ambitions.
On Sunday, Prime Minister Mark Carney and Indian Prime Minister Narendra Modi agreed to pursue what they are calling a comprehensive economic partnership, restarting trade talks that had been shelved for the past two years. Both countries are now looking to shore up their economies against the increasingly erratic trade policy of the United States.
The banned group, Sikhs for Justice, held a Khalistan referendum in Ottawa over the weekend during which supporters chanted ‘Kill India’ slogans and even desecrated the Indian flag. This is the seventh such unofficial vote that Canada has seen since September 2022.
India and Canada appear to be entering a fresh phase of engagement, with both sides reportedly close to finalising a major uranium supply agreement estimated at around US$2.8 billion, according to a report by the Canadian publication, The Globe and Mail.
Mumbai: India and Canada are close to finalising a very important agreement that could have a strong economic impact on both countries. According to a report by The Globe and Mail, the two nations are almost ready to seal a 2.8-billion-US-dollar export deal. Under this agreement, Canada will supply uranium to India for the next ten years.
Canadian PM Mark Carney plans visit to India early next year as part of concerted effort to expand Canada’s trade horizons
Canada is on the verge of finalizing a $2.8 billion uranium export agreement with India over the next decade, involving Cameco Corp., amid renewed trade discussions between the two nations.
India and Canada signal renewed diplomatic momentum as Modi and Carney meet in Johannesburg, boost trade talks, advance technology partnerships and ease tensions after the 2023-24 rift.