Johannesburg: Prime Minister Narendra Modi met Canadian counterpart Mark Carney here on Sunday and they agreed to unlock the potential for deeper cooperation in defence and space sectors, besides advancing ties in areas such as trade, investment, technology and energy.
“Had a very productive meeting with Prime Minister Mark Carney of Canada,” Modi said in a social media post after the meeting on the sidelines of the G20 Summit here.
This was the second meeting between the two leaders. They earlier met in June on the margins of the G7 summit at Kananaskis in Canada.
“Had a very productive meeting with Prime Minister Mark Carney of Canada,” Modi said in a social media post after the meeting on the sidelines of the G20 Summit.
This was the second meeting between the two leaders. They earlier met in June on the margins of the G7 summit at Kananaskis in 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,’ Modi said.
He said that 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,’ he said.
The India-Canada bilateral trade surpassed USD 30 billion in 2024. In 2024, India was Canada’s seventh-largest goods and services trading partner.
The two countries also agreed to unlock the potential for deeper cooperation in defence and space sectors and meet again in the near future, Modi added.
‘The two leaders welcomed the strong momentum in bilateral ties…,’ PM’s office said. In a statement, the Ministry of External Affairs said that the two leaders welcomed the adoption of the 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, it said.
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.
‘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 MEA said.
