Piyush Goyal highlights India's growth story; lauds diaspora's contributions in deepening India-Canada ties
Ottawa, May 26
Union Minister for Commerce, Piyush Goyal, on Monday highlighted India's growth journey and great market opportunities at the reception hosted by Canada's Minister of International Trade, Maninder Sidhu.
In a post on X he hailed the productive discussions held in Ottawa and praised the contribution of the Indian diaspora in forging deeper ties in areas across the economy and culture.
"Concluded a productive day in Ottawa with a delightful interaction at a reception hosted by my counterpart, Minister of International Trade of Canada, Mr. @MSidhuLiberal. Spoke about India's remarkable growth journey, driven by the aspirations of its people, a thriving entrepreneurial spirit, a vast talent pool and greater market opportunities. Also, emphasised the significant contribution of the Indian diaspora in deepening economic, cultural and people-to-people relations!", he said on X.
Piyush Goyal arrived in Canada for a three-day official visit from 25 to 27 May, taking place as New Delhi and Ottawa aggressively push ahead with negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA), viewed as a vital step in rejuvenating economic relations between the two nations.
Canada's Minister for International Trade Maninder Sidhu said that a "Team Canada" business delegation will arrive in India later this year to further give boost to the economic ties as the two countries look forward towards tripling and taking their trade to USD 50 billion by 2030.
Speaking at a joint press address with Union Minister Piyuh Goyal, Sidhu recalled the sustained interactions between the Indian and Canadian leadership along with the announcement of the uranium deal with Canada. He called Goyal's visit "very timely" and noted, "there's a lot of excitement to do more with India in terms of our economic partnership."
At the address, Goyal hailed the growing momentum of ties between India and Canada during his visit to the country with the largest Indian delegation, that aims to take forward discussions on deepening the economic linkages between the two countries.
— ANI
Reader Comments
While it's positive that trade talks are progressing, I hope the government is also focusing on small-scale Indian exporters and not just big corporates. The $50 billion target sounds ambitious, but we need to ensure local businesses benefit too. Otherwise, this just becomes another elite deal.
As a Canadian of Indian origin, I'm thrilled to see this momentum. The Indian community here has worked hard to integrate while keeping our culture alive. Trade deals like CEPA will create jobs and opportunities on both sides. Kudos to both governments for prioritizing this relationship!
It's good to see diplomatic efforts, but I'm slightly skeptical. We've had many announcements before, but implementation often lags. Also, the uranium deal mentioned is interesting—hope it's mutually beneficial and not just a resource giveaway. Still, a step in the right direction. Let's see what comes out of the 'Team Canada' delegation later this year.
India-Canada ties have so much potential! With the large Indian diaspora in Canada, cultural and economic bonds are already strong. Piyush Goyal's visit and the push for CEPA are timely. I just hope political differences on other issues don't overshadow trade talks. Keeping it apolitical would be best for business.
Great to see Maninder Sidhu, a fellow Canadian of Indian heritage, playing a key role. The 'Team Canada' approach shows how seriously Canada is taking India. As someone who's seen both countries, I believe this partnership can be transformative—more student exchanges, tech collaborations, and trade opportunities. Exciting times ahead!