Evian, France, June 16, 2026:
Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney held bilateral discussions on the sidelines of the G7 Summit in France, focusing on expanding cooperation in trade, investment, energy, technology, and people-to-people ties.
The meeting reflects the continuing improvement in India-Canada relations and the shared commitment of both countries to strengthen economic and strategic engagement.
India and Canada Review Growing Partnership
During the discussions, the two leaders reviewed progress across several sectors, including:
- Trade and investment
- Energy cooperation
- Technology and innovation
- Education partnerships
- People-to-people exchanges
Both sides reportedly expressed satisfaction with the positive momentum in bilateral relations and reaffirmed their commitment to further expanding cooperation.
Focus on Comprehensive Economic Partnership Agreement
A key area of discussion was the proposed Comprehensive Economic Partnership Agreement (CEPA) between India and Canada.
The leaders expressed optimism about advancing negotiations and working toward the successful conclusion of the agreement.
Officials believe the CEPA could significantly enhance trade and investment flows between the two countries while creating new opportunities for businesses and entrepreneurs.
Bilateral Trade Target of $50 Billion
India and Canada are reportedly targeting $50 billion in bilateral trade by 2030, reflecting ambitions to deepen economic ties.
Recent progress in trade discussions, energy cooperation, and investment partnerships has contributed to renewed optimism regarding the future of the relationship.
The partnership is expected to benefit sectors such as clean energy, technology, manufacturing, critical minerals, education, and innovation.
Energy Cooperation Gains Momentum
Energy cooperation remains an important pillar of India-Canada relations.
The two countries have been exploring opportunities in areas including uranium supply, clean energy technologies, and sustainable development initiatives.
Industry experts believe greater collaboration in energy security and critical resources could provide long-term benefits for both economies.
Benefits for Indian Community in Canada
The discussions also highlighted the importance of the large Indian-origin community in Canada, which serves as a strong bridge between the two nations.
Educational exchanges, cultural connections, business networks, and professional partnerships continue to play a significant role in strengthening bilateral relations.
Looking Ahead
The meeting at the G7 Summit signals continued efforts by both governments to build a stronger and more comprehensive partnership.
With trade negotiations progressing and cooperation expanding across multiple sectors, India and Canada appear focused on creating a long-term framework for economic growth, innovation, and strategic collaboration.