Overview
- Prime Ministers Narendra Modi and Mark Carney agreed in Johannesburg to formally restart high‑ambition CEPA negotiations after a two‑year freeze.
- Targets diverge, with India citing a goal of about US$50 billion by 2030 and Canada referencing more than C$70 billion in two‑way trade.
- Both governments reaffirmed civil nuclear cooperation, and multiple outlets report they are close to a 10‑year, roughly US$2.8 billion uranium supply deal with Cameco, which has not been officially confirmed.
- Trade ministers and business groups called for fast‑tracking talks and practical market‑access steps, with plans to revive a CEO forum and a Canadian prime ministerial visit to India in early 2026.
- New engagement focuses on critical minerals, clean energy and advanced technologies such as AI, quantum computing and next‑generation data centres.