Canada's Mark Carney to Visit India in March to Reset Trade Ties, Sign Key Deals

India
M
Moneycontrol•26-01-2026, 16:59
Canada's Mark Carney to Visit India in March to Reset Trade Ties, Sign Key Deals
- •Canadian Prime Minister Mark Carney is expected to visit India in early March to sign agreements on uranium, energy, minerals, and artificial intelligence.
- •The visit aims to reset trade relations after previous diplomatic tensions, with formal negotiations for a Comprehensive Economic Partnership Agreement (CEPA) also expected to begin in March.
- •Carney is focused on diversifying Canada's alliances beyond the U.S., seeking to double non-U.S. exports over the next decade.
- •Agreements during the visit will cover nuclear energy, oil and gas, environment, AI, quantum computing, education, and culture, including a potential C$2.8 billion uranium supply deal.
- •Both countries are proceeding with urgency to forge new trade paths, especially after two years of stalled talks and global trade uncertainties.
Why It Matters: Mark Carney's upcoming India visit signifies a major push to reset Canada-India trade relations and diversify alliances.
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