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Story perspectives

India, Canada Target $50B Trade and Defense Cooperation

3/2/2026

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Story summary
  • India and Canada aim to finalize a free trade agreement by the end of 2026 and target $50 billion in bilateral trade by 2030.
  • During Prime Minister Mark Carney (Canada)'s first visit to India, Prime Minister Narendra Modi (India) and Carney announced a long-term uranium supply deal and broader cooperation in defense and energy.
  • They established the India-Canada Defence Dialogue and signed agreements on critical minerals and renewable energy.