Canada's trade plans with India face challenges amid rising tensions

theglobeandmail.com October 17, 2024, 12:00 PM UTC

Summary: Tensions between Canada and India are rising, impacting Canada's trade plans with the fast-growing nation. Diplomatic disputes have led to accusations and expulsions, causing a significant decline in trade, estimated at around one billion dollars.

Canada's Indo-Pacific Strategy, which initially aimed to strengthen ties with India, is now at risk. The relationship has deteriorated since 2022, with canceled trade missions and reduced visa processing affecting business travel.

Experts highlight India's potential as a major economic partner for Canada, given its growing middle class and expertise in sectors like cybersecurity. However, current political tensions complicate efforts to deepen this relationship.

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Timeline:

  1. [4.1]
    India's commerce secretary says trade with Canada will continue despite diplomatic tensions (livemint.com)
    1d 3h
    Source
  2. [5.0]
    Canada's trade strategy in Asia faces hurdles after tensions with India (theglobeandmail.com)
    1d 4h

  3. [4.3]
    India assures trade with Canada remains stable despite diplomatic tensions (timesofindia.indiatimes.com)
    2d 3h
    Source
  4. [4.6]
    Canada and India face escalating diplomatic tensions impacting trade relations (thestar.com)
    2d 9h
    Source