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Canada and India are adjacent to finalizing an export statement successful a woody valued astatine astir $2.8 billion, the Globe and Mail reported connected Monday (November 24, 2025), citing radical acquainted with the matter.
The woody for Canada to vessel uranium to India would tally for 10 years if finalized, the study said, adding that uranium would beryllium supplied by Canada’s Cameco Corp. The woody could beryllium portion of a broader atomic practice effort betwixt the 2 countries, the study said.
The Centre, the Union Ministry of Commerce and Industry, the Canadian authorities and Canada’s Trade Ministry did not instantly respond to Reuters requests for comment. Reuters could not instantly verify the report.
Canadian Prime Minister Mark Carney met with Prime Minister Narendra Modi for a treatment connected the sidelines of the G-20 acme successful Johannesburg, South Africa, connected Sunday.
The Centre said connected Sunday that the 2 countries agreed to restart stalled talks for a caller commercialized deal, aft discussions had paused pursuing a diplomatic spat 2 years ago.
“The leaders agreed to statesman negotiations connected a high-ambition Comprehensive Economic Partnership Agreement (CEPA), aimed astatine doubling bilateral commercialized to USD 50 cardinal by 2030,” the connection from India’s Prime Minister’s Office said.
