India-Canada Trade Deal Stalled

This is a India news story, published by financialpost, that relates primarily to Justin Trudeau news.

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India trade front

financialpost

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From progress to a 'winter storm:' How Canada's rising tensions with India might impact trade

Summary

Nutrition label

73% Informative

Trade talks between Canada and India have been paused since September 2023 .

Prime Minister Justin Trudeau said Monday that India had made a “fundamental error” by supporting criminal activity against Canadians .

India ’s use of Candu reactor parts for its nuclear weapons in 1974 and its handling of the 1985 bombing of an Air India flight that killed 329 passengers, mostly Canadians .

International merchandise trade between the two declined by almost $1 billion from 2022 to 2023 .

Analysts hope the latest events don’t have a negative impact on the trade relationship.

“As frozen as it is now, I don't think either country wants the trade to get worse,” Delgado said.

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formal

Language

English

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Offensive language