Modi said the partnership “will deepen collaboration between democratic partners across three continents and three oceans in emerging technologies, support diversification of supply chains, clean energy and mass adoption of AI.

Modi noted that both countries “have great potential in strengthening trade and investment linkages” and have set a “target” of USD 50 billion by 2030

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.

PM Modi and Carney agreed to begin negotiations on a high-ambition Comprehensive Economic Partnership Agreement (CEPA), aimed at doubling bilateral trade to $50 billion by 2030.

The meeting comes after months of efforts to reset ties strained by Canada’s allegations of India’s involvement in the killing of Sikh separatist Hardeep Singh Nijjar in 2023. India had denied the allegations,

Canada relations hit rock bottom following then Prime Minister Justin Trudeau's allegations in 2023 of a potential Indian link to the killing of Hardeep Singh Nijjar

Prime Minister Mark Carney and Indian Prime Minister Narendra Modi have agreed to launch negotiations toward a new trade deal called a Comprehensive Economic Partnership Agreement, according to a senior government official.