Modi, Carney Restart Talks, Target $50 Billion Trade By 2030
JOHANNESBURG- Prime Minister Narendra Modi held a bilateral meeting with his Canadian counterpart Mark Carney on the sidelines of the G20 Summit in Johannesburg on November 23, in which he noted that India has set a target of $50 billion by 2030 for bilateral trade between the two countries.
“Had a very productive meeting with Prime Minister Mark Carney of Canada. We appreciated the significant momentum in our bilateral ties since our earlier meeting held during the G7 Summit hosted by Canada. We agreed to further advance our relations in the coming months,” Modi posted.
“Canadian Pension Funds are also showing keen interest in Indian companies,” he said.
External Affairs Minister S Jaishankar, Canadian Foreign Minister Anita Anand and other officials were present during the meeting.
The meeting follows the launch of a new trilateral initiative — the ‘Australia-Canada-India Technology and Innovation (ACITI) Partnership’ which Modi along with Australian and Canadian counterparts Anthony Albanese and Mark Carney announced in Johannesburg on November 22. PM Modi said the partnership will help deepen cooperation among the three democratic nations in key areas of technology and innovation.
The initiative is aimed at deepening collaboration between democratic partners across three continents and three oceans in emerging technologies, support diversification of supply chains, clean energy and mass adoption of AI. (IANS)
