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India, Canada strengthen economic ties on critical minerals, trade and investment

15 Nov 2025
1 min

India-Canada Ministerial Dialogue on Trade and Investment

The 7th India-Canada Ministerial Dialogue on Trade and Investment took place in New Delhi on November 13, 2025, involving Union Minister Piyush Goyal and Canada’s Minister of International Trade, Maninder Sidhu.

Key Agreements

  • The two nations agreed to strengthen long-term supply chain partnerships in critical minerals.
  • There is a focus on expanding investment and trade opportunities.

Critical Areas of Focus

  • Encouragement of long-term supply chain partnerships in clean energy collaboration.
  • Collaboration in energy transition and new-age industrial expansion.
  • Identification and expansion of opportunities in aerospace and dual-use capabilities partnerships.

Background and Context

The engagement between India and Canada has gained momentum following directions from their Prime Ministers during the G7 meeting in Kananaskis, Canada. This was further supported by a joint statement from their Foreign Ministers on October 13, aiming to renew momentum towards a stronger partnership.

Joint Statement Highlights

  • Trade is identified as the cornerstone of bilateral economic growth and resilience.
  • Reaffirmation of the strength and continuity of the India-Canada economic partnership.
  • Commitment to deepening bilateral cooperation through sustained dialogue and mutual respect.

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