Canada is on the verge of finalizing a $2.8 billion uranium export agreement with India over the next decade, involving Cameco Corp., amid renewed trade discussions between the two nations.

As India and Canada mend diplomatic ties, investment prospects soar. This renewed relationship could catalyze a surge in bilateral trade, enhance investor confidence, and create pathways for long-term economic stability in both nations.

Mumbai: India and Canada are close to finalising a very important agreement that could have a strong economic impact on both countries. According to a report by The Globe and Mail, the two nations are almost ready to seal a 2.8-billion-US-dollar export deal. Under this agreement, Canada will supply uranium to India for the next ten years.

The relationship gained momentum on Sunday after the meeting between Indian Prime Minister Narendra Modi and his Canadian counterpart Mark Carney on the margins of G20 Leaders’ Summit in Johannesburg

Canadian Foreign Minister Anita Anand announced swift action on a trade deal with India after strained relations. Following the G20 meeting in South Africa over the past weekend, both nations aim to double bilateral trade to $50 billion by 2030.

Canadian PM Mark Carney plans visit to India early next year as part of concerted effort to expand Canada’s trade horizons

Canada and India are close to finalizing a significant uranium export deal worth approximately US$2.8 billion. This ten-year agreement, if concluded, will see Canada's Cameco Corp. supply uranium to India.

Air India has announced that its codeshare agreement with Air Canada will be reinstated, giving travellers more options when travelling from India to Canada, and vice-versa. The agreement will allow passengers to book on ongoing Air Canada flights from Vancouver to Calgary,