Canadian Prime Minister Mark Carney is visiting India, Australia and Japan amid US tariff pressure. Their goal is to increase exports by reducing dependence on America, attract new investments and strengthen global trade partnerships.
Mark Carney India Visit: Amid global geopolitical instability and increasing US tariff pressure, Canada is taking steps towards making a major change in its economic strategy. With the aim of reducing traditional dependence on America, Canadian Prime Minister Mark Carney is leaving on an important visit to India, Australia and Japan this week. This tour is being considered important towards Canada’s new trade policy and export diversification.
Carney has clearly indicated that in an uncertain global environment, Canada will focus on areas it can control. Their goal is to double their exports outside the US in the next ten years. He said U.S. tariffs are discouraging investment and Canada needs to look for new markets.
Start with India tour
Carney will start his journey from India. According to the Prime Minister’s Office, he will reach Mumbai on Thursday. Here he will meet the Prime Minister of India Narendra Modi. This bilateral dialogue can give a new direction to trade and investment relations between the two countries.
In Mumbai, Carney will also meet Indian industry leaders and business leaders. Its purpose is to present investment opportunities in Canada and lay the foundation for a long-term economic partnership. Canada sees India as a large and fast-growing market with vast potential for cooperation in technology, energy and agriculture sectors.
Address to Parliament in Australia
After India, Carney will go to Canberra, the capital of Australia. Here he will address both the houses of the Australian Parliament. The move signals a strengthening of the strategic partnership between Canada and Australia.
Carney will also meet Australian Prime Minister Anthony Albanese. The two leaders will discuss regional security, defense cooperation and Indo-Pacific strategy. This meeting is taking place at a time when the Indo-Pacific region is becoming the center of global politics and business.
Technical and energy cooperation in Japan
The last leg of the trip will be Japan. In Tokyo, Carney will meet Japanese Prime Minister Sanae Takaichi. Issues like clean energy, important minerals and food security will be discussed in detail in this meeting.
Japan is a major technology partner of Canada. There is a plan to increase cooperation between the two countries in the field of clean energy and critical minerals. In this era of change in the global supply chain, such agreements are considered strategically important for both the countries.
Effort to reduce dependence on America
Canada’s economy has long been deeply intertwined with that of the United States. Trade relations between the two countries have been strong, but recent tariff and trade tensions have forced Ottawa to look in new directions.
Carney’s visit is part of this strategy. He wants to establish Canada as an independent global player by strengthening ties with countries like India, Australia and Japan. Diversifying the supply chain and expanding the export basket is his priority.
Carney said in his statement that Canada is focusing on attracting large new investments. He believes that flexibility and diversity are the keys to economic stability in the changing global scenario.
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