Marking a new chapter in Indo-Canadian relations, a $2.6 billion uranium agreement was formalized in New Delhi, attended by Prime Ministers Modi and Carney. Hosted at Hyderabad House, it underscores deepening economic interdependence.
This supply contract fortifies India’s civil nuclear infrastructure with reliable fuel streams, advancing clean energy goals. Leaders celebrated it as a catalyst for robust energy collaboration.
Joint ventures on innovative reactors like SMRs and advanced models were greenlit, promising revolutionary advancements in atomic power.
CEPA negotiations received a boost, with 2026 as the target wrap-up date. PM Modi projected bilateral trade hitting $50 billion by 2030, driving economic expansion and employment.
Memorandums in rare minerals, sustainable energy, and cultural spheres were also signed, highlighted by the foreign ministers’ document exchange.
Modi lauded Carney for breathing fresh life into ties anchored in democratic ethos, diversity celebration, and humanitarian focus, aiming to cultivate a comprehensive partnership.
Climate cooperation widened, welcoming Canada to ISA and GBFA initiatives. Emerging tech domains—AI, quantum technologies, supercomputers, semiconductors—were flagged for intensified joint pursuits.