Global NewsCanada eyes fresh start in trade talks with India: Trade minister

Canada eyes fresh start in trade talks with India: Trade minister

Canada and India are working to rebuild trade ties and explore new areas of cooperation after a two-year chill, with Ottawa keen to restart trade negotiations under “a new process,” Canadian Trade Minister Maninder Sidhu said on Thursday.

Sidhu, on a three-day visit to India, met Commerce Minister Piyush Goyal for what he described as a very productive ministerial dialogue focused on sectors including critical minerals, clean energy, agriculture and artificial intelligence.

Sidhu’s visit marks a major high-level trade engagement since Canada paused negotiations for a broad trade pact in 2023, after relations soured when Ottawa accused New Delhi of involvement in the killing of a Canadian Sikh separatist.

India is a priority market for Canada, with two-way goods and services trade reaching about $31 billion in 2024, largely in Canada’s favour due to its $16 billion services exports.

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