Canada Sends 2 Senior Ministers to India Next Week to Prepare for Modi's Visit and Conclude Trade Pact

Prime Minister Narendra Modi is expected to visit Canada in December. This comes after a scheduled stop in the United States to attend the G-20 summit. The Canadian government has dispatched two senior ministers.

Anita Anand and Maninder Sidhu, to India next week to prepare for Modi's visit and conclude the long-awaited trade pact. Both ministers, of Indian origin, will lead Team Canada Trade Mission to India, Canada's largest commercial engagement in the country in recent years.

As India and Canada move to finalize their trade pact, key players Anand and Sidhu are poised to expedite negotiations, bringing the agreement closer to fruition. The upcoming trade mission will feature a diverse range of Canadian businesses. This includes those specializing in aerospace and space, clean technologies, energy transition, information and communication technologies, life sciences, and agri-food sectors.

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Canada's ambitious goal is to more than double its exports to markets outside the United States over the next decade. With a specific target of doubling bilateral trade with India to $70 billion annually by 2030.

The US will host the 21st G20 Leaders' Summit on December 14-15, at the Trump National Doral Miami resort in Doral, Florida. Anand and Sidhu are expected to meet with External Affairs Minister S Jaishankar and Commerce Minister Piyush Goyal, respectively, during their visit.

Canada's trade mission to India is part of its broader strategy to diversify its trade and attract new investment. By matching Canadian expertise in sectors like aerospace.

The Canadian government's efforts to strengthen trade ties with India are seen as a key aspect of its Indo-Pacific strategy. As Canada seeks to expand its trade presence in the region, it is also looking to build stronger economic relationships with other countries. This includes those in Southeast Asia and the Pacific.

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With the trade pact negotiations underway, Canada and India are poised to strengthen their economic ties. The Canadian government's visit to India is seen as a significant step towards enhancing trade and investment between the two countries.

As the trade mission gets underway, both countries will be watching closely to see how the negotiations progress and what agreements can be reached.

Canada's trade mission to India is expected to have a positive impact on the country's economy. With the potential to attract new investment and create new business opportunities. As the trade pact negotiations move forward, both countries will be working to build stronger economic relationships and create a more favorable business environment for Canadian companies operating in India.