India and Canada discuss expanding economic ties and express readiness to begin negotiations on a Bilateral Investment Treaty, according to a joint statement after a ministerial meeting. The statement says India is prepared to initiate talks “at the earliest,” framing the treaty as a mechanism to provide greater protection and certainty for investors from both countries.
The talks also cover efforts to strengthen broader trade and investment cooperation. Both outlets report that the countries are looking to deepen collaboration across areas such as finance, payments and fintech, along with work related to critical minerals. One report cites a bilateral trade goal of C$70 billion by 2030 and discusses the overall investment and economic agenda that accompanies the treaty discussions.
While the outlets emphasize different figures and sectoral priorities, they converge on the same core points: negotiations on a bilateral investment treaty are being considered, and both governments are aligning on a longer-term plan to grow bilateral trade and investment through targeted cooperation in multiple economic domains.
