Modi and Carney set $50bn trade goal for India-Canada by 2030

Business Nov 23, 2025

Indian PM Narendra Modi and Canada's PM Mark Carney met at the G20 Summit in Johannesburg and agreed to kick off talks for a big new trade deal (CEPA).
Their goal? Nearly doubling trade from over $30 billion in 2024 to $50 billion by 2030.

Why should you care?

This move signals a fresh start after some rocky moments between the two countries.
If it works out, it could potentially mean more jobs, investments, and tech exchanges for both sides—especially in areas like clean energy, digital tech, and space sectors.
Plus, they're teaming up with Australia on the ACITI Partnership to boost collaboration in AI, nuclear energy, supply chains, and more—potentially opening up even more opportunities for young people interested in future-focused fields.