Piyush Goyal underlines importance of trade, tech, investment linkages during meeting with Canada FM
Ottawa, May 26
Union Minister Piyush Goyal met Canada's Foreign Minister Anita Anand and said that the talks between them emphasised on the importance of trade, investment and tech linkages for the strategic partnership between the two countries.
Sharing the details in a post on X, Goyal said, "Held wide-ranging talks with Canada's Foreign Minister @AnitaAnandMP. Emphasised the importance of trade, investment & technology linkages for the India-Canada Strategic Partnership."
He highlighted that India's expanding infrastructure, renewable energy, logistics, digital infrastructure, and consumer sectors, among others, offer significant opportunities for greater collaboration and investments.
Goyal also met Canada's Minister of Agriculture and Agri-Food, Heath MacDonald and held discussions on strengthening cooperation in agriculture, with a focus on food security, sustainability, agri-tech, and exploring opportunities for collaboration in the food processing sector, aimed at boosting the incomes of Indian farmers and producers.
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.
Goyal arrived in Canada for a three-day official visit from May 25-27, 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
I hope this translates into real benefits for Indian farmers. The focus on agri-tech and food processing could help boost their incomes, but we've seen many MoUs not lead to much on ground. Let's hope this time is different. Also, uranium deal? Interesting. 🤔
As someone who follows international trade, this is a smart move. India's consumer market is massive and Canada has tech and resources. The CEPA could be a win-win if both sides negotiate fairly. Excited to see the "Team Canada" delegation later this year.
Honestly, it feels like India is finally getting its due on the global stage. The trade talks with Canada, the UK, and others show our economic clout. But we need to ensure that agreements don't just benefit large corporations—small businesses and farmers must also gain. 🇮🇳
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