India, Canada PMs meet, set $50billion trade target by 2030 | India News
NEW DELHIThe PM said he had a productive meeting with Carney as the leaders appreciated the significant momentum in bilateral ties since their earlier meeting held during the G7 Summit hosted by Canada in June this year.“We agreed to further advance our relations in the coming months, particularly in trade, investment, technology and innovation, energy and education,” said Modi, underlining that India and Canada have great potential in strengthening trade and investment linkages.“We have set a target of $50 billion by 2030 for our bilateral trade. Canadian Pension Funds are also showing keen interest in Indian companies,” said Modi, adding both leaders also agreed to unlock the potential for deeper cooperation in defence and space sectors and meet again in the near future. Carney is expected in India for the AI summit in Feb 2026 that the Indian govt will host.PM Modi also met his Japanese counterpart Sanae Takaichi on the G20 margins. “We discussed ways to add momentum to bilateral cooperation in areas such as innovation, defence, talent mobility and more. We are also looking to enhance trade ties between our nations. A strong India-Japan partnership is vital for a better planet,” he said.
