🚨 INDIA AND CANADA SET 2030 TRADE AMBITION AFTER HIGH-LEVEL TALKS. TORONTO, CANADA - India said it is ready to begin negotiations on a Bilateral Investment Treaty with Canada following a meeting between Finance Minister Nirmala Sitharaman and her Canadian counterpart François-Philippe Champagne. The announcement came after the inaugural India–Canada Finance Ministers’ Economic and Financial Dialogue, where both sides reaffirmed a shared goal of expanding bilateral trade to about INR 4.65 lakh crore by 2030. The talks focused on strengthening economic cooperation, with both ministers reviewing investment flows and the growing presence of Canadian pension funds in India. They also discussed ways to improve engagement between financial institutions and explore new investment opportunities across sectors. The two countries are working toward concluding negotiations on a Comprehensive Economic Partnership Agreement by the end of 2026. Officials highlighted efforts to broaden the use of India’s digital payments infrastructure in Canada, which could make cross-border transactions faster and more efficient for businesses, students, and tourists. The trade target builds on commitments made earlier this year during meetings between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney, who agreed to deepen economic ties and accelerate progress on long-term agreements.