{"id":13634,"date":"2026-03-03T03:11:05","date_gmt":"2026-03-03T03:11:05","guid":{"rendered":"https:\/\/inernews.online\/?p=13634"},"modified":"2026-03-03T03:11:05","modified_gmt":"2026-03-03T03:11:05","slug":"india-canada-aim-for-trade-pact-by-year-end-agree-uranium-deal-international-trade-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=13634","title":{"rendered":"India, Canada aim for trade pact by year end, agree uranium deal | International Trade News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Bilateral trade expected to hit $50bn by 2030, says Indian PM Narendra Modi as he hosts his Canadian counterpart, Mark Carney, in New Delhi.<\/em><\/p>\n<\/div>\n<div><button class=\"article-listen-container\" aria-labelledby=\"listen-text listen-duration\" data-testid=\"listen-to-article-button\"><\/p>\n<p><span class=\"article-listen-container__text\" data-testid=\"listen-to-article-text\">Listen to this article<\/span><span aria-hidden=\"true\">\u00a0|\u00a0<\/span><span class=\"article-listen-container__duration\">3 mins<\/span><\/p>\n<p><\/button><button tabindex=\"0\" class=\"tooltip-accessible_trigger\"><svg class=\"icon icon--info icon--main-grey-dark icon--16 listen-to-article-tooltip__icon\" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\" role=\"presentation\"><title>info<\/title><path class=\"icon-main-color\" d=\"M12 0a12 12 0 1 0 0 24 12 12 0 0 0 0-24Zm-.226 3.225a2.039 2.039 0 0 1 2.155 1.924v.193a1.998 1.998 0 0 1-2.155 2.149 2.029 2.029 0 0 1-2.146-2.15 2.039 2.039 0 0 1 1.955-2.122h.193l-.002.006Zm3.227 15.525a.75.75 0 0 1-.752.75H9.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.75h.748V12h-.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.751h3a.75.75 0 0 1 .75.752v6.75h.75a.75.75 0 0 1 .75.749L15 18.75Z\"\/><\/svg><\/button><\/div>\n<div>\n<div class=\"byline byline--no-avatars\">\n<div class=\"byline-content\">\n<p><span class=\"contributors-list__by-prefix\">By <\/span>AFP<!-- -->, <!-- -->Reuters<!-- --> and <!-- -->The Associated Press<\/p>\n<\/div>\n<\/div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 2 Mar 2026<\/span><span aria-hidden=\"true\">2 Mar 2026<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<div class=\"google-preferred-source\"><button class=\"google-preferred-source__button\" aria-label=\"Add Al Jazeera on Google\" data-testid=\"google-preferred-source-button\"><svg class=\"icon icon--plus2 icon--primary icon--12 google-preferred-source__add-icon\" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\"><title>plus2<\/title><path fill=\"currentColor\" d=\"M10.571 13.429H3.43c-.405 0-.744-.137-1.018-.411A1.382 1.382 0 0 1 2 12c0-.405.137-.744.41-1.018.275-.274.614-.41 1.019-.41h7.142V3.428c0-.405.137-.744.411-1.018C11.256 2.137 11.595 2 12 2s.744.137 1.018.41c.274.275.41.614.41 1.019v7.142h7.143c.405 0 .744.137 1.018.411.274.274.411.613.411 1.018s-.137.744-.41 1.018c-.274.274-.614.41-1.019.41H13.43v7.143c0 .405-.137.744-.411 1.018-.274.274-.613.411-1.018.411s-.744-.137-1.018-.41a1.382 1.382 0 0 1-.41-1.019V13.43Z\"\/><\/svg><svg class=\"icon icon--google icon--primary icon--16 google-preferred-source__google-icon\" viewbox=\"0 0 17 16\" version=\"1.1\" aria-hidden=\"true\"><title>google<\/title><g fill-rule=\"evenodd\" clip-path=\"url(#a)\" clip-rule=\"evenodd\"><path fill=\"#4285F4\" d=\"M16.18 8.181c0-.567-.051-1.112-.145-1.636H8.5v3.094h4.305a3.68 3.68 0 0 1-1.596 2.415v2.007h2.585c1.513-1.393 2.386-3.443 2.386-5.88Z\"\/><path fill=\"#34A853\" d=\"M8.5 16c2.16 0 3.971-.717 5.295-1.939l-2.586-2.007c-.716.48-1.633.764-2.709.764-2.083 0-3.847-1.407-4.476-3.298H1.35v2.072A7.997 7.997 0 0 0 8.501 16Z\"\/><path fill=\"#FBBC05\" d=\"M4.024 9.519c-.16-.48-.251-.993-.251-1.52s.09-1.04.25-1.52V4.406H1.352A7.997 7.997 0 0 0 .5 8c0 1.29.31 2.513.85 3.593l2.674-2.073Z\"\/><path fill=\"#EA4335\" d=\"M8.5 3.182c1.175 0 2.23.403 3.058 1.196l2.295-2.294C12.467.793 10.656 0 8.5 0a7.997 7.997 0 0 0-7.149 4.407L4.024 6.48C4.653 4.59 6.417 3.182 8.5 3.182Z\"\/><\/g><defs><clippath id=\"a\"><path fill=\"#fff\" d=\"M.5 0h16v16H.5z\"\/><\/clippath><\/defs><\/svg><span class=\"google-preferred-source__text\">Add Al Jazeera on Google<\/span><\/button><button tabindex=\"0\" aria-label=\"See more of Al Jazeera\u2019s trusted journalism by adding us as a preferred source on Google.\" class=\"tooltip-accessible_trigger\"><svg class=\"icon icon--info icon--primary icon--16 google-preferred-source__info-icon\" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\"><title>info<\/title><path class=\"icon-main-color\" d=\"M12 0a12 12 0 1 0 0 24 12 12 0 0 0 0-24Zm-.226 3.225a2.039 2.039 0 0 1 2.155 1.924v.193a1.998 1.998 0 0 1-2.155 2.149 2.029 2.029 0 0 1-2.146-2.15 2.039 2.039 0 0 1 1.955-2.122h.193l-.002.006Zm3.227 15.525a.75.75 0 0 1-.752.75H9.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.75h.748V12h-.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.751h3a.75.75 0 0 1 .75.752v6.75h.75a.75.75 0 0 1 .75.749L15 18.75Z\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>India and Canada will aim to conclude a free trade \u2060pact by \u2060the end of this year, says Canadian Prime Minister Mark Carney, as the \u2060two countries seek to boost economic ties after two years of a strained relationship.<\/p>\n<p>Speaking after talks with Carney, Indian Prime Minister Narendra Modi on Monday said the two countries would soon finalise a \u201ccomprehensive economic partnership\u201d which is expected to increase bilateral trade to $50bn by 2030 from nearly $9bn in 2024-25.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>India and Canada began advancing negotiations on a long-pending trade agreement last year. Carney said the two sides were aiming to conclude the deal by the end of the year.<\/p>\n<p>\u201cThis is not merely the renewal of a relationship. It is the expansion of a valued partnership with new ambition, focus, and foresight,\u201d he said on his first official trip to New Delhi.<\/p>\n<p>The two sides also agreed on a $2.6bn uranium deal and will work on building small modular nuclear reactors and advanced reactors.<\/p>\n<p>\u201cIn civil nuclear energy, we have concluded a landmark deal for the long-term supply of uranium,\u201d Modi said.<\/p>\n<p>The Indian government and Canada\u2019s Cameco have signed a uranium supply agreement to support India\u2019s nuclear ambitions and \u2060to work towards a clean, reliable base load \u2060power, Carney added.<\/p>\n<p>The two countries would also work to strengthen defence industries and enhance maritime domain awareness, Modi said.<\/p>\n<p>Carney\u2019s four-day visit to India is a key step forward in ties that effectively collapsed in 2023 after Ottawa accused the Modi government of orchestrating a deadly campaign against suspected Sikh separatist activists in Canada, accusations New Delhi rejected as \u201cabsurd\u201d.<\/p>\n<p>The dispute deepened and led to expulsions of diplomats and the freezing of trade negotiations.<\/p>\n<p>\u201cThere has been more engagement between the Canadian and Indian governments in the last year than there has been in more than two decades combined,\u201d Carney said in a speech alongside Modi.<\/p>\n<p>\u201cThis is not merely the renewal of a relationship. It is the expansion of a valued partnership with new ambition, focus, and foresight, a partnership between two confident countries charting our own course for the future.\u201d<\/p>\n<p>Both India and Canada are looking to diversify trade away from the United States due to tariff announcements and deepen cooperation in areas such as clean energy, critical minerals and agricultural value chains.<\/p>\n<p>India sealed a \u200cfree-trade pact with the European Union in January, while it recently paused negotiations with the US on a proposed deal, hoping to resume \u200conce \u200cthere is greater clarity following the invalidation of US President Donald Trump\u2019s tariffs.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bilateral trade expected to hit $50bn by 2030, says Indian PM Narendra Modi as he hosts his Canadian counterpart, Mark Carney, in New Delhi. Listen to this article\u00a0|\u00a03 mins info By AFP, Reuters and The Associated Press Published On 2 Mar 20262 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-13634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-news"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/13634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13634"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/13634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/13635"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}