Modi, Carney Review Energy Ties at G7 Summit

Synopsis:  Prime Minister Narendra Modi and Canadian PM Mark Carney review India-Canada cooperation at the G7 Summit, focusing on energy ties, food security, trade, innovation, and stronger strategic partnerships.

Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney review the progress of India-Canada bilateral cooperation during a meeting held on the sidelines of the G7 Summit in France. The discussions focus on strengthening economic relations, energy partnerships, innovation, and collaboration on global challenges, including food security and resilient supply chains.

The two leaders highlight the positive momentum in India-Canada relations and reaffirm their commitment to building a forward-looking strategic partnership. They emphasise the importance of reliable global energy networks and stable food supply chains amid changing international economic conditions.

During the meeting, both sides review developments in energy cooperation, including opportunities related to liquefied natural gas (LNG), liquefied petroleum gas (LPG), and metallurgical coal. The discussions reflect the shared interest of both nations in expanding commercial engagement and ensuring long-term energy security.

India and Canada also discuss broader economic cooperation, with leaders acknowledging the potential created by their complementary strengths. The countries continue to work towards enhancing trade, investment, technology exchange, and business partnerships. Progress on negotiations for a Comprehensive Economic Partnership Agreement (CEPA) is also reviewed as both sides aim to deepen economic ties.

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The talks also cover cooperation in areas such as critical minerals, clean energy, defence, education, and innovation. Both nations recognise the importance of strengthening supply chains and creating opportunities through technological collaboration.

The meeting at the G7 Summit reflects renewed engagement between India and Canada on global and bilateral issues. The leaders discuss the importance of maintaining regular high-level exchanges and expanding cooperation across multiple sectors.

India highlights its commitment to supporting global efforts on food and energy security, while Canada recognises India’s growing role in international economic and strategic affairs. The discussions underline the significance of India-Canada relations in addressing shared global priorities.

The meeting marks another step towards strengthening bilateral ties and creating a foundation for future collaboration in trade, sustainability, innovation, and strategic partnerships.