India to send largest ever trade delegation to Canada May/June
India is gearing up to send its largest-ever trade delegation to Canada later this May or June, aiming to boost business ties at a time when the global economy feels pretty unpredictable.
Commerce Minister Piyush Goyal and his Canadian counterpart Maninder Sidhu recently agreed to speed up talks for a big-picture trade deal called CEPA, hoping it'll open new doors for both countries.
Canada to send high-tech business delegation
The two sides will use this meeting not just for trade agreement talks, but also to explore working together in areas like shipbuilding, pharmaceuticals, tourism, and education.
In return, Canada plans to send its own business delegation focused on high-tech fields like aerospace, defense, and space.
For context: FY 2024-25 India-Canada trade stood at $8.66 billion: India mainly exports iron and steel, seafood, cotton garments, pharmaceuticals, electronics, and chemicals while importing things like pulses and crude oil from Canada.