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‘Important milestone’: India and Canada seal landmark uranium deal and Rs 4.1 lakh crore trade vision

India and Canada have reached a significant milestone in their bilateral relations by signing a landmark uranium supply deal and establishing new defense dialogues. The two nations aim to boost trade to $50 billion by 2030 and are working towards finalizing a comprehensive economic partnership agreement by the end of 2026, marking a substantial recovery from recent diplomatic tensions.

AP Photo)

AP Photo)

Credit: India Prime Minister Narendra Modi, right, shakes hand with his Canadian counterpart Mark Carney after signing of various memorandum of understanding between the two nations in New Delhi, India, Monday, March 2, 2026. (

Key Highlights

  • India and Canada signed a landmark uranium supply agreement.
  • The target for bilateral trade is set at $50 billion by 2030.
  • A new India-Canada Defence Dialogue has been established.
  • A comprehensive economic partnership agreement is expected to be finalized by the end of 2026.
  • The agreement follows a period of strained relations due to allegations involving Indian agents.
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Sources

  1. ‘Important milestone’: India and Canada seal landmark uranium deal and Rs 4.1 lakh crore trade vision
  2. PM Modi, Mark Carney Ink Critical Mineral and Uranium Deal - India, Canada to Soon Finalise CEPA

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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