Indian Commerce and Industry Minister Piyush Goyal met with Canadian Trade Minister Maninder Sidhu to explore avenues for enhancing bilateral economic collaboration. During their discussions, Goyal emphasized the importance of mutual respect, trust, and balanced engagement in shaping future trade relations. Both officials identified key sectors such as critical minerals, agriculture, infrastructure, clean energy technologies, and information and communication technologies as areas with strong potential for cooperation. Sidhu affirmed Canada’s commitment to deepening ties and advancing shared goals, including resilient supply chains and food security. The dialogue marks a step toward rebuilding economic engagement, following a diplomatic downturn in 2023 linked to allegations made by former Canadian Prime Minister Justin Trudeau, which India dismissed as baseless. Since March 2022, the two nations have been engaged in intermittent negotiations for an Early Progress Trade Agreement (EPTA), with over six rounds of talks completed to date.
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Canadian, Indian trade ministers discuss ways to boost economic ties
Indian Commerce and Industry Minister Piyush Goyal yesterday held discussions with his Canadian counterpart Maninder Sidhu on ways to strengthen bilateral economic ties. n n”We discussed ways to find mutually beneficial opportunities for our businesses to capitalise on the complementarities offered by our two economies. I emphasised that economic, trade and investment ties between India and Canada should be grounded in the principles of mutual respect, trust and balance,” Goyal said in a post on X. n nIndian Commerce and Industry Minister Piyush Goyal yesterday held discussions with his Canadian counterpart Maninder Sidhu on ways to strengthen bilateral economic ties. Sidhu reiterated Canada will continue to work closely with India to identify opportunities for businesses and workers in key sectors like critical minerals, agriculture, infrastructure, clean technologies and ICT. n nThe Canadian Minister of International Trade reiterated that his country will continue to work closely with India to identify opportunities for businesses and workers in key sectors like critical minerals, agriculture and processed foods, infrastructure, clean technologies and information and communication technologies, according to a Canadian government release. n nSidhu highlighted the renewal of the Canada-India bilateral relationship and Canada’s work to deepen economic cooperation and advance shared priorities, including food security, energy transformation and supply chain resiliency. n nIndia-Canada ties hit rock bottom following then Prime Minister Justin Trudeau ‘s allegations in 2023 of a potential Indian link to the killing of Canadian Sikh Hardeep Singh Nijjar. India had dismissed Trudeau ‘s accusation as ‘absurd’. n nIn March 2022, the two countries had re-launched negotiations for an interim agreement, officially dubbed as Early Progress Trade Agreement (EPTA). Over half a dozen rounds of talks have been held on the trade pact so far. n nFibre2Fashion News Desk (DS)