Canada seeks to conclude trade talks with India as it reduces US dependence
Canadian Prime Minister Mark Carney is looking forward to hosting Indian Prime Minister Narendra Modi and aims to conclude trade talks, NDTV reported. Carney also wants to double Canada’s non-US trade over the next decade amid worsening relations with Washington.
Canadian Prime Minister Mark Carney is looking forward to hosting Prime Minister Narendra Modi and aims to wrap up trade talks with India, according to NDTV. Carney’s plan forms part of a wider effort to reduce Canada’s dependence on the United States. The supplied material says he wants to double Canada’s trade with countries other than the US over the next decade.
India has been included in that effort as relations between Canada and the United States deteriorate under President Donald Trump, the report said. The material does not specify when Modi’s visit would take place, what issues remain in the trade negotiations or what target has been set for bilateral commerce with India. It also does not provide details about the broader non-US trade strategy or explain the causes of the worsening US-Canada relationship.
The available information links the planned hosting of Modi and the effort to conclude trade talks with Carney’s longer-term aim of diversifying Canada’s trade.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.