{"id":303440,"date":"2025-11-24T09:03:17","date_gmt":"2025-11-24T09:03:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/303440\/"},"modified":"2025-11-24T09:03:17","modified_gmt":"2025-11-24T09:03:17","slug":"carney-modi-agree-to-revive-comprehensive-trade-deal-talks-national","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/303440\/","title":{"rendered":"Carney, Modi agree to revive comprehensive trade deal talks – National"},"content":{"rendered":"

Canada and India have agreed to work towards a comprehensive trade deal, reviving efforts that first began 15 years ago.<\/p>\n

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Readouts from both Prime Minister Mark Carney<\/a> and Indian Prime Minister Narendra Modi\u2019s<\/a> offices say the pair agreed to begin negotiations on an \u201cambitious\u201d comprehensive economic partnership agreement (CEPA).<\/p>\n

Modi also invited Carney to visit India, which the Prime Minister\u2019s Office said he has accepted\u00a0for early 2026.<\/p>\n

\u201cThe ability to have more effective trade with them to scale that trade with them would be greatly helped by that (an agreement),\u201d Carney told reporters earlier Sunday at the G20 summit.<\/p>\n

According to the readout, the trade agreement would be aimed at doubling bilateral trade to $70 billion by 2030.<\/p>\n

Carney\u2019s office stated that the CEPA would include goods, services, investment, agriculture and agri-food, digital trade, labour mobility, and sustainable developments.<\/p>\n

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The two countries first started talks in 2010, but eventually downgraded those efforts to a deal that would only touch specific industries up until fall 2023.<\/p>\n

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Trade talks between India and Canada were suspended in late 2023 after the Ottawa went public with allegations<\/a> from the RCMP that the Indian government was behind the assassination of Hardeep Singh Nijjar,<\/a> a Sikh activist, near Vancouver in June 2023.<\/p>\n

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Earlier this month, Global News also confirmed that conversations intercepted<\/a> by Canada and the United Kingdom implicate high-level Indian officials in Nijjar\u2019s assassination.<\/p>\n

India was also one of four countries named by the head of Canada\u2019s intelligence service, Dan Rogers, as he catalogued the espionage and transnational repression efforts by Canada\u2019s adversaries.<\/p>\n

When asked by reporters on Sunday about the threat that remains from India, Carney said he was aware of the \u201cthreat landscape.\u201d<\/p>\n

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\u201cWith respect to any forms of foreign interference, we have to remain vigilant \u2014 we are vigilant,\u201d he said.<\/p>\n

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But the prime minister added he sees India as a reliable trading partner.<\/p>\n

\u201cCanada has quite an actual strong commercial relationship with India. We are one of the largest, for example, foreign investors in India,\u201d he said.<\/p>\n

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\u201cWhat we\u2019re looking to do is to put that on a sound footing through a potential trade agreement between the two countries, which give protections to our businesses, protections to Indian businesses, (a) clear set of rules, dispute mechanisms and others and build on those opportunities.\u201d<\/p>\n

The comments are the opposite of what Carney said about the U.S. during the federal election campaign in March that the U.S. is no longer a \u201creliable\u201d trading partner.<\/p>\n

While Canada and India plan to work towards the trade deal, the two countries alongside Australia announced a trilateral technology and innovation partnership during the G20 as well. That partnership is aimed at strengthening cooperation on critical minerals, clean energy and artificial intelligence (AI).<\/p>\n

Modi\u2019s office said in its readout both countries reaffirmed their civil nuclear cooperation and ongoing discussions on increasing collaboration, such as through long-term uranium supply agreements.<\/p>\n

Carney\u2019s office pledged to increase diplomatic staffing levels to strengthen \u201cpeople-to-people linkages.\u201d<\/p>\n

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The PMO also added that the two leaders agreed on regular reciprocal high-level visits, including by ministers and members of the business community.<\/p>\n

\u2014with files from Global News\u2019 David Akin, Stewart Bell, Jeff Semple and Saba Aziz, and The Canadian Press<\/p>\n

\n\t\t&copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"Canada and India have agreed to work towards a comprehensive trade deal, reviving efforts that first began 15…\n","protected":false},"author":2,"featured_media":303441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,68708,2659,26930,44,3275],"class_list":{"0":"post-303440","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-ca","9":"tag-canada","10":"tag-canada-india-relations","11":"tag-mark-carney","12":"tag-narendra-modi","13":"tag-news","14":"tag-world"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/303440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=303440"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/303440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/303441"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=303440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=303440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=303440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}