### Canada and India Revive Trade Talks After Diplomatic Strain In a significant diplomatic development, Canada and India have agreed to resume trade negotiations after a two-year hiatus marked by strained relations. This decision follows a bilateral meeting between Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi during the G20 summit in Johannesburg, South Africa. The two leaders aim to double bilateral trade to USD 50 billion by 2030, signaling a renewed commitment to strengthening economic ties between the two nations [https://telanganatoday.com/canada-moves-quickly-to-revive-india-trade-talks][https://www.firstpost.com/india/india-canada-to-resume-fta-talks-with-target-of-usd-50-billion-by-2030-piyush-goyal-13953552.html]. ### Structure of the Trade Negotiation Resumption 1. **Background of the Diplomatic Strain** - The trade talks were previously stalled due to a diplomatic spat that began in 2023, primarily over issues related to pro-Khalistani activities in Canada [https://www.thehindubusinessline.com/economy/india-canada-trade-thaw-fta-talks-set-to-restart-after-two-year-rift/article70316847.ece]. 2. **Key Objectives of the New Agreement** - The primary goal is to establish a Comprehensive Economic Partnership Agreement (CEPA) that encompasses various sectors, aiming for a bilateral trade target of USD 50 billion by 2030 [https://www.republicworld.com/business/canada-india-agree-to-restart-trade-talks-says-government][https://www.hindustantimes.com/world-news/india-canada-agree-to-start-talks-on-cepa-101763922902644.html]. 3. **Strategic Importance of the Agreement** - The agreement is expected to enhance cooperation in critical areas such as defense, technology, and clean energy, thereby deepening trust and economic collaboration between the two democracies [https://www.businesstoday.in/bt-tv/video/piyush-goyal-india-canada-free-trade-talks-back-on-track-after-modi-carney-meet-503471-2025-11-24]. 4. **Recent Developments and Statements** - Canadian Foreign Minister Anita Anand emphasized the urgency of fast-tracking the trade deal, reflecting a shift in diplomatic relations [https://telanganatoday.com/canada-moves-quickly-to-revive-india-trade-talks]. Indian Commerce Minister Piyush Goyal also confirmed the resumption of talks, highlighting the strategic elements of the FTA [https://www.thehindubusinessline.com/economy/india-canada-agree-to-resume-fta-talks-piyush-goyal/article70316801.ece]. ### Supporting Evidence and Data - **Trade Goals**: The target of USD 50 billion in bilateral trade by 2030 represents a significant increase from the current trade volume of approximately USD 30 billion [https://www.thedailyjagran.com/world/india-canada-eyes-major-breakthrough-as-pm-modi-mark-carney-meeting-revive-cepa-tech-and-uranium-negotiations-after-2-year-freeze-10281728]. - **Bilateral Meetings**: The discussions at the G20 summit were pivotal, marking a thaw in relations and a commitment to economic collaboration [https://www.world-today-news.com/canada-india-seek-comprehensive-trade-deal-after-15-year-pause]. ### Conclusion: A New Chapter in Canada-India Relations The resumption of trade talks between Canada and India marks a pivotal moment in their bilateral relations, characterized by a renewed focus on economic cooperation and strategic partnerships. 1. **Diplomatic Reset**: The two nations are moving past previous tensions to engage in meaningful dialogue [https://www.republicworld.com/business/canada-india-agree-to-restart-trade-talks-says-government]. 2. **Economic Ambitions**: With a clear target of USD 50 billion in trade by 2030, both countries are poised to enhance their economic ties significantly [https://www.firstpost.com/india/india-canada-to-resume-fta-talks-with-target-of-usd-50-billion-by-2030-piyush-goyal-13953552.html]. 3. **Strategic Collaboration**: The agreement is expected to foster collaboration in key sectors, thereby strengthening the overall partnership [https://www.businesstoday.in/bt-tv/video/piyush-goyal-india-canada-free-trade-talks-back-on-track-after-modi-carney-meet-503471-2025-11-24]. This renewed commitment to trade negotiations not only reflects a thaw in diplomatic relations but also sets the stage for a robust economic partnership that could benefit both nations in the coming years.