Prime Minister Narendra Modi is expected to visit Canada in December to sign a new trade agreement between India and Canada, Canadian Prime Minister Mark Carney said.
The proposed visit comes as the two countries work to strengthen bilateral economic and trade ties following a period of strained relations. The agreement is expected to provide a framework for expanding trade and investment between the two economies.
India and Canada have been working to advance negotiations on a broader trade agreement, with discussions covering market access and other areas aimed at improving commercial opportunities for businesses in both countries.
The proposed pact could provide greater access for Indian exporters to the Canadian market while creating opportunities for Canadian companies seeking to expand their presence in India.
The agreement is also expected to support cooperation across sectors including goods, services and investment. Businesses and exporters are likely to monitor the final terms for changes in tariffs, market access and other trade conditions.
A formal signing during Modi’s December visit would mark a significant step in efforts to deepen India-Canada economic relations. Further details, including the exact timing of the visit and the final scope of the agreement, are expected to be announced by the two governments.