Canadian leader seeks stronger ties and major trade growth
Canadian Prime Minister Mark Carney will embark on a major diplomatic tour to India, Australia, and Japan from February 26 to March 7. His office recently confirmed this strategic trip, which prioritises strengthening commerce, technological innovation, energy cooperation, and defence alignments. During his initial stops in Mumbai and New Delhi, he is scheduled to hold critical discussions with PM Narendra Modi.
Discussions between both leaders will centre on broadening the relationship between Ottawa and New Delhi. They plan to establish fresh partnerships spanning artificial intelligence, talent exchange, cultural initiatives, and military defence. Carney also intends to interact directly with top corporate executives to explore mutual investment avenues that benefit both nations. This highly anticipated Mark Carney India visit marks his inaugural trip to the nation since taking over leadership from Justin Trudeau. For professionals tracking Odisha business news, these evolving international partnerships in AI and talent exchange could signal future overseas opportunities.
Navigating a fragmented global landscape requires proactive measures, according to recent statements from Ottawa. Government officials emphasised their commitment to reinforcing domestic markets while actively pursuing international commercial diversification. By engaging with vital allies and strengthening Indo-Pacific ties, Carney aims to unlock substantial opportunities for workers and corporations alike. Building these regional bridges remains essential for long-term prosperity and security.
Canada India trade reached roughly $31 billion in 2024, ranking the South Asian nation as Canada's seventh-largest commercial partner. During the previous G20 Leaders' Summit, officials from both sides formally initiated talks for a Comprehensive Economic Partnership Agreement. This ambitious framework sets a clear objective to elevate bilateral exchange to an impressive $70 billion by the end of the decade.
Following his Indian engagements, the Prime Minister will travel to Sydney and Canberra. He will engage with Australian Prime Minister Anthony Albanese to enhance collaboration on maritime safety, critical minerals, and advanced technology. Furthermore, Carney is set to deliver a historic speech to the Australian Parliament. For those reading the latest Odia news on global diplomacy, his final destination, Tokyo, involves meetings with Japanese Prime Minister Takaichi Sanae. Their dialogue will highlight clean energy, food security, and joint efforts to maintain a free, open Indo-Pacific region.
With Agency Inputs and Image Source: DT Next
