India and Canada Establish Trade and Investment Forum to Enhance Economic Collaboration

**Launch of Canada-India Trade and Investment Forum to Strengthen Economic Ties**

The Canada-India Trade and Investment Forum has been officially launched with the objective of enhancing economic collaboration and fostering business partnerships between Canada and India. This initiative aims to create a platform where businesses can explore new opportunities and share resources, ultimately contributing to the growth of bilateral trade.

The forum will focus on various sectors, including technology, agriculture, clean energy, and infrastructure, which both nations have identified as key areas for investment and collaboration. Additionally, it will facilitate networking opportunities, knowledge sharing, and discussions on trade policies to support Canadian and Indian businesses in navigating each others markets.

In recent years, Canada and India have been working toward strengthening their economic relationship, recognizing each country’s potential to complement one another. Bilateral trade between Canada and India has seen steady growth, with Canadas exports to India reaching approximately CAD 3.2 billion in 2022, while imports from India were around CAD 3.7 billion.

The launch of the forum coincides with broader efforts to elevate the Canada-India economic partnership, including ongoing negotiations for a Comprehensive Economic Partnership Agreement (CEPA). Stakeholders from both countries are optimistic that the forum will serve as a catalyst for deeper economic integration and will open up new avenues for trade and investment in the coming years.