PM Narendra Modi met Canadian PM Mark Carney at the G20 Summit in Johannesburg. They noted the momentum in bilateral ties since their G7 meeting and agreed to advance relations in trade, investment, technology, energy, and education.
Prime Minister Narendra Modi on Sunday held a bilateral meeting with Prime Minister Mark Carney of Canada and noted the momentum of both nations’ bilateral ties. The leaders, who met in the sidelines of the G20 Summit in Johannesburg, agreed to further the bilateral ties in several sectors.
In a post on X, he said, “Had a very productive meeting with Prime Minister Mark Carney of Canada. We appreciated the significant momentum in our bilateral ties since our earlier meeting held during the G7 Summit hosted by Canada. We agreed to further advance our relations in the coming months, particularly in trade, investment, technology and innovation, energy and education.” Had a very productive meeting with Prime Minister Mark Carney of Canada. We appreciated the significant momentum in our bilateral ties since our earlier meeting held during the G7 Summit hosted by Canada. We agreed to further advance our relations in the coming months,… pic.twitter.com/lnuj2SGoWu — Narendra Modi (@narendramodi) November 23, 2025
Expanding Economic and Strategic Cooperation
“India and Canada have great potential in strengthening trade and investment linkages. We have set a target of 50 billion USD by 2030 for our bilateral trade. Canadian Pension Funds are also showing keen interest in Indian companies. We also agreed to unlock the potential for deeper cooperation in defence and space sectors and meet again in the near future,” he added.
The leaders welcomed the adoption of Australia-Canada-India Technology and Innovation (ACITI) Partnership which would give a boost to trilateral cooperation in the fields of critical technologies, nuclear energy, diversification of supply chains and AI. They appreciated the renewed momentum in ties since their June 2025 meeting in Kananaskis on the margins of the G7 Summit, and the launch of the New Roadmap for bilateral engagement by the Foreign Ministers in October 2025, a statement by the Ministry of External Affairs said.
Key Areas of Discussion
The two Prime Ministers discussed cooperation in the fields of trade and investment, defence, education, space, science and technology, and energy. Prime Minister Carney expressed support for the AI Summit to be hosted by India in February 2026, as per the MEA.
CEPA and Nuclear Energy Collaboration
The leaders agreed to begin negotiations on a high-ambition Comprehensive Economic Partnership Agreement (CEPA), aimed at doubling bilateral trade to USD 50 billion by 2030. Both sides reaffirmed their longstanding civil nuclear cooperation and noted the ongoing discussions on expanding collaboration, including through long-term uranium supply arrangements, the statement added.
The leaders emphasized the importance of regular high-level exchanges. Prime Minister extended an invitation to Prime Minister Carney to visit India. (ANI)
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