India-Canada Strategic Partnership

India and Canada advanced bilateral cooperation through multiple agreements and announcements following high level engagements. The discussions focused on trade, nuclear energy, critical minerals cooperation and institutional dialogue mechanisms.

India–Canada Relations:

Dimension	Key Details
Strategic Partnership	India and Canada relations were designated as a Strategic Partnership in 2018.
Trade Agreement Process	Terms of Reference signed for the Comprehensive Economic Partnership Agreement.
Current Bilateral Trade	Bilateral merchandise trade stands at approximately US$8 to US$9 billion annually.
Trade Target	Both countries set a target of US$50 billion in bilateral trade by 2030.
Nuclear Energy Cooperation	Long term commercial contract finalised with Cameco of Canada for supply of uranium ore concentrates.
Critical Minerals Cooperation	Memorandum of Understanding signed to develop secure and resilient critical mineral supply and value chains.
Pulse Protein Cooperation	Declaration of Intent issued for establishing a Joint Pulse Protein Centre of Excellence.
Multilateral Initiatives	Canada announced participation in the Global Biofuels Alliance and the International Solar Alliance.
Parliamentary Cooperation	Formation of an India Canada Parliamentary Friendship Group.
Defence Cooperation	Establishment of an India Canada Defence Dialogue.