Speaking after talks with Carney, Indian Prime Minister Narendra Modi on Monday said the two countries would soon finalise a “comprehensive economic partnership” which is expected to increase bilateral trade to $50bn by 2030 from nearly $9bn in 2024-25.India and Canada began advancing negotiations on a long-pending trade agreement last year. Carney said the two sides were aiming to conclude the deal by the end of the year.
“This is not merely the renewal of a relationship. It is the expansion of a valued partnership with new ambition, focus, and foresight,” he said on his first official trip to New Delhi.