Paper: GS – II, Subject: International Relations, Topic: India’s relations with other nations, Issue: India–Canada Relations.
Context:
The meeting between Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney marks a pivotal moment in their bilateral relations, aiming to establish “strategic trust” and reset ties that have been strained in recent years.
Key Takeaways:
Key Developments:
- Uranium Supply Agreement: India and Canada have finalized a $1.9 billion, 10-year uranium supply deal aimed at supporting Indian nuclear power reactors.
- It is part of a broader effort to enhance energy cooperation between the two nations.
- Comprehensive Economic Partnership Agreement (CEPA): India and Canada issued the Terms of Reference for CEPA and committed to concluding the agreement this year, aiming to double bilateral trade by 2030.
- Strategic Energy Partnership: It was established, focusing on renewable energy, liquefied petroleum gas (LPG), and uranium supplies. It also includes cooperation in critical and emerging technologies.
Key Outcomes of the Meeting:
| Sector | Decision / Outcome |
| Trade Target | Agreed to increase bilateral trade to USD 50 billion by 2030. |
| Trade Agreement (CEPA) | Reaffirmed commitment to conclude the Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026. |
| Private Sector Engagement | Roadmap for enhanced business-to-business collaboration and joint ventures. |
| Innovation & Technology | Expanded cooperation in AI, quantum computing, supercomputing, and semiconductor development. |
| Critical Minerals | MoU signed to strengthen supply chain resilience in critical minerals. |
| Climate Platforms | Canada announced its intention to join the International Solar Alliance and the Global Biofuel Alliance. |
| Nuclear Cooperation | Long-term uranium supply agreement signed; collaboration on Small Modular Reactors (SMRs) and advanced reactors. |
| Agriculture | Plan to establish an India–Canada Pulse Protein Centre of Excellence. |
| Defence & Security | Agreement to enhance defence industrial cooperation, maritime domain awareness, military exchanges, and establish an India–Canada Defence Dialogue. |
| Education & Culture | Expansion of Canadian universities in India; MoU on cultural and Indigenous community exchanges. |
| Regional Cooperation | Canada expressed interest in becoming a Dialogue Partner in the Indian Ocean Rim Association. |
Prime Minister Carney thanked India for its hospitality and reaffirmed commitment to deepening bilateral ties. Both leaders expressed confidence that enhanced cooperation will strengthen trust, deliver long-term benefits, and contribute to regional stability and shared prosperity.
Source: (The Indian Express, The Hindu)
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