Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi pledged to boost cooperation in trade and supply chains during Carney¡¯s first official visit to India, as the two nations look to reset relations following years of strain.
Among a slate of initiatives, Carney announced a 2.6 billion Canadian dollar ($1.9 billion) agreement expanding Canada¡¯s uranium shipments to India for nuclear energy generation. The two sides also finalized the terms of reference for a trade deal, underscoring efforts to diversify their trade partnership and curb their dependency on the U.S.
Carney hailed ¡°a new era of partnership¡± between the two nations ¡°that will offer generational opportunities to workers and businesses in both of our nations.¡±
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