The CEO Forum’s focus will be on priority sectors like clean technology, infrastructure, agri-food and digital innovation. The Forum will convene on the margins of a senior-level trade mission in early 2026.
The decision was announced in a joint statement issued by Canadian Foreign Minister Anita Anand and her Indian counterpart S Jaishankar in New Delhi. Anand is on an official visit to India from October 12 to 14.
Trade between the two countries reached $23.66 billion in 2024.
Both sides agreed to raise cooperation on climate action, environmental protection and conservation, and collaborate, exchange information and expertise and support respective climate ambitions in a wide range of areas, including renewable energy capacity, decarbonising heavy industries, reducing plastic pollution, supporting the sound management of chemicals, and ensuring sustainable consumption.
They agreed to support joint climate and environmental goals by finding effective, long-term solutions that will also provide opportunities to advance economic growth and job creation.
They will re-establish the Canada-India Ministerial Energy Dialogue, including the related Action Plan at the earliest, and promote two-way trade for LNG & LPG and investment in oil and gas exploration and production sector, including clean technologies.
Both the countries agreed to collaborate on sustainable low-carbon fuels and technologies, as well as strengthen supply chains, policy frameworks and market access.
They will work together on emission reduction, environmental management, power sector digitalisation and disaster resilience.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
