Canada and India Forge New Strategic Partnership: Prime Minister Mark Carney

Canadian Prime Minister Mark Carney has announced a $2.6 billion (approximately 200 billion INR) uranium supply agreement between the Government of India and Canadian company Cameco (CCO). This landmark deal is designed to bolster India's civilian nuclear energy program, providing a long-term fuel source for its growing reactor fleet. The partnership extends beyond nuclear energy, forming part of a wider framework for cooperation in the energy sector, technological innovation, and artificial intelligence. During a press briefing in Sydney, Carney also outlined an ambitious target to elevate bilateral trade between the two nations to $70 billion by the year 2030, signaling a significant deepening of economic ties.