Overview
- The joint statement followed the 7th Ministerial Dialogue on Trade and Investment in New Delhi, held Nov. 11–14 under guidance from recent leader‑level consultations at the G7.
- Both countries will hold sustained ministerial engagements with trade and investment communities early next year to operationalize the new commitments.
- Long‑term supply‑chain partnerships will focus on critical minerals and clean energy to support the energy transition and industrial growth.
- The ministers agreed to deepen cooperation in aerospace and dual‑use capabilities, leveraging Canada’s existing presence and India’s expanding aviation market.
- Officials cited 2024 two‑way trade of $23.66 billion, with merchandise at nearly $8.98 billion after a 10% rise, alongside growing investment flows and a push for more resilient, diversified supply chains including agriculture.