Feb 27 • 14:29 UTC 🇨🇦 Canada Global News

Carney lands in India with trade on the agenda, kicks off Asia trip

Canadian Prime Minister Mark Carney arrives in India to discuss trade and strengthen diplomatic relations with Prime Minister Narendra Modi's government.

Canadian Prime Minister Mark Carney arrived in India on Friday, marking the beginning of his Asia trip focused on improving trade relations and resetting diplomatic ties with India. The visit comes as both countries aim to decrease their reliance on trade with the United States under President Donald Trump's administration. The emphasis on diversification is increasingly pertinent for both nations as they seek to expand their international partnerships.

The interaction between Carney and Indian Prime Minister Narendra Modi symbolizes a strategic shift amidst changing global trade dynamics, particularly in the context of U.S. policies that have encouraged nations to reassess their trade dependencies. According to Vina Nadjibulla, the vice-president of the Asia Pacific Foundation, the current U.S. administration has acted as a 'Trump accelerator,' prompting both Canada and India to expedite their negotiations and the formation of new economic alliances. The urgency is driven by the need for both countries to secure more stable and diverse trade relationships.

Since taking office, Carney has actively pursued international alliances and his recent speech at the World Economic Forum highlighted the importance of collaboration among middle powers to counterbalance major global forces. This trip to India represents a continued effort to foster relationships that will ultimately lead to reduced dependency on U.S. trade and investment, which is crucial for the long-term economic strategies of both Canada and India.

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