Overview
- At the 7th Ministerial Dialogue on Trade and Investment in New Delhi (Nov 11–14), Piyush Goyal and Maninder Sidhu issued a joint statement to deepen economic cooperation.
- They agreed to pursue long‑term supply‑chain partnerships in critical minerals, expand clean‑energy collaboration, and explore aerospace and dual‑use opportunities.
- Bilateral trade reached $23.66 billion in 2024, including $8.98 billion in merchandise trade, a 10% increase from the prior year.
- The ministers planned continued outreach to business with further meetings early next year, and Sidhu said Goyal will lead a trade delegation to Canada.
- Goyal said “all possibilities are on the table” for resuming FTA talks and noted two rounds of discussions, as both sides emphasized diversified, resilient supply chains, including in agriculture.