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India Canada Relation: Mark Karney, the new leader of the ruling Liberal party of Canada, wants to fix stressful relations with India. In fact, 59 -year -old Carney is going to become the next Prime Minister of Canada, focusing on diversifying business relations in New Delhi and Ottawa.
Mark Carney secured 85.9% votes in the leadership elections of the Liberal Party, after which he won the race to become Prime Minister. He will get this post after the resignation of Justin Trudeau.
Carney’s trend on business relations with India
During the interaction with the media before the election, Carney spoke on the impact of the US tariff on Canada. He said that Canada will have to diversify business relations with equal ideology countries. He insisted on re -establishing business opportunities with India, saying, “The origin of commercial relations should have a sense of shared values. If I become Prime Minister, I will wait for an opportunity to have a new relationship with India.”
Prospects in India-Canada trade and investment
India can get additional benefits by Mark Carney becoming Prime Minister, as he understands the economic relations of Ottawa and New Delhi deeply.
Possibility to improve bilateral relations
If Canada tries to improve diplomatic and business relations with India, New Delhi will welcome it. In addition, Canada is a major destination for Indian migrants, so India can also discuss the removal of potential restrictions in immigration rules from the new leadership of Canada, making visa standards easier.
Recent stress in India-Canada relations
India and Canada’s relations deteriorated after the allegations made by Justin Trudeau in September 2023. Trudeau had said that Indian agencies were involved in the murder of Khalistani terrorist Hardeep Singh Nijjar. New Delhi described these allegations as baseless and repeatedly rejected. The two countries then expelled each other’s diplomats and Ottawa stopped the Early Progress Trade Agreement (EPTA), which was to be completed in 2023.
