India-EU FTA: A Model Against Tariff Coercion, Says Canada's Energy Minister

• Canada's Energy Minister Tim Hodgson praised the India-EU FTA as a 'perfect example' of countering economic coercion through tariffs.
• Hodgson highlighted the pact during India Energy Week in Goa, emphasizing its role in strengthening multilateral trade and diversifying supply chains.
• Canada aims to increase energy exports to India, including LNG, LPG, and crude oil, to diversify its customer base beyond the United States.
• Hodgson assured that Canada would 'never use our energy for torture' and seeks to deepen energy and critical minerals trade with India.
• Both nations agreed to expand cooperation in hydrocarbons and clean energy, with Canada supporting India's energy transition through critical mineral supply.

Why It Matters: The India-EU FTA sets a precedent against tariff coercion, fostering global trade and energy diversification.