Carney seeks to diversify trade partners amid US tensions
Canada aims to double two-way trade with India by 2030
Visit focuses on partnerships in multiple sectors including AI and defense
Diplomatic relations need repair after allegations of Sikh activist's killing
India seeks Canadian investments and nuclear cooperation
📖 Full Retelling
Canadian Prime Minister Mark Carney arrived in Mumbai on Friday, February 27, 2026, for a landmark visit to India as he seeks to diversify his country's trade partners amid ongoing tensions with the United States, where President Donald Trump has imposed steep tariffs on key Canadian exports. During his visit, Carney is expected to address business leaders in Mumbai before traveling to New Delhi for a crucial meeting with Indian Prime Minister Narendra Modi on Monday to discuss partnerships spanning trade, energy, technology, artificial intelligence, and defense. The trip follows an agreement last year for Canada and India to resume negotiations on a proposed free-trade agreement, with Carney previously expressing his goal to more than double two-way trade with India by 2030, targeting an annual value of $51 billion. India's foreign ministry has welcomed the visit as a "significant step" in strengthening bilateral ties, highlighting that the India-Canada partnership is "anchored in shared democratic values, strong people-to-people ties, and expanding cooperation across diverse sectors." For India, the visit presents an opportunity to attract more overseas investments, with Canadian pension and wealth funds already having invested $73 billion in the country. Additionally, as the world's fastest-growing major economy with significant energy needs, India hopes Canada can support its ambitious plans to expand nuclear power capacity. However, the visit also comes with challenges as Carney works to reset damaged relations between the two countries. Diplomatic ties had nosedived after Canada's former Prime Minister Justin Trudeau accused India's government of orchestrating the 2023 killing of Hardeep Singh Nijjar, a naturalized Canadian citizen advocating for an independent Sikh state. India dismissed these allegations, leading to both nations expelling a string of top diplomats in 2024. When asked whether concerns about transnational repression would feature in the New Delhi talks, Canadian Foreign Minister Anita Anand indicated that such matters are "always at the forefront of our minds." Following India, Carney will visit Australia and Japan to discuss military, trade, and defense links, with particular focus on boosting trade in cars, energy, and critical minerals.
🏷️ Themes
Diplomacy, Trade Relations, International Tensions
Bi- or multi-lateral agreement to remove all trade barriers between signatory states
A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions ...
Mark Joseph Carney (born March 16, 1965) is a Canadian politician and economist who has served as the 24th prime minister of Canada since 2025. He has also been leader of the Liberal Party and the member of Parliament (MP) for Nepean since 2025. He previously was Governor of the Bank of Canada from ...
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News | International Trade Canada’s PM Carney in India to reset ties and bolster trade India’s foreign ministry says the visit marks a “significant step” in strengthening ties. Listen to this article | 3 mins By Al Jazeera Staff , AFP and AP Published On 27 Feb 2026 27 Feb 2026 Click here to share on social media Share Save Add Al Jazeera on Google Canadian Prime Minister Mark Carney has arrived in India for a landmark visit as he seeks to diversify his country’s trade partners amid ongoing tensions with the United States Carney arrived in financial hub Mumbai on Friday, where he is expected to address business leaders before meeting with Indian Prime Minister Narendra Modi in New Delhi on Monday to discuss a range of partnerships spanning trade, energy, technology, artificial intelligence and defence. Recommended Stories list of 3 items list 1 of 3 Canadian PM Carney heads to India on ‘significant’ trip to consolidate ties list 2 of 3 ‘No longer a threat’: How Canada U-turned on India ahead of Carney visit list 3 of 3 World reacts as US top court limits Trump’s tariff powers end of list India’s foreign ministry said the visit marked a “significant step” in strengthening ties. “The India–Canada partnership is anchored in shared democratic values, strong people-to-people ties, and expanding cooperation across diverse sectors,” said Randhir Jaiswal, India’s foreign ministry spokesperson, posting on X. The trip comes in the wake of tensions with US President Donald Trump, who imposed steep tariffs on key Canadian exports like steel, aluminium and car parts, leading Carney to speak of doubling his country’s non-US exports over the next decade. Last year, Canada and India agreed to resume negotiations on a proposed free-trade agreement. Carney has previously said he wanted to more than double two-way trade with India by 2030, eyeing an annual target of $51bn. India, for its part, is seeking to attract more overseas investments, and says Canadian pension and wealth funds ...