India-Canada Current Affairs

India, Canada ink six pacts

India and Canada have signed six agreements in different fields including nuclear science, energy cooperation, sports, education, science and technology cooperation and information communication technology.

These agreements were signed after delegation-level talks between Prime Minister Narendra Modi and his visiting Canadian counterpart Justin Trudeau in New Delhi.

Agreements signed are

  • MoU on Cooperation in Sport.
  • MoU for Cooperation in Higher Education.
  • MoU for Cooperation on Intellectual Property Rights.
  • Terms of Reference for the India-Canada Ministerial Energy Dialogue.
  • MoU for cooperation in the Fields of Science, Technology and Innovation.
  • Joint Declaration of Intent on Cooperation in the Field of Information Communications Technology and Electronics.

India-Canada Relations

India-Canada share strategic partnership underpinned by shared values of democracy and pluralism. It has significantly expanded in recent years aided by heightened economic engagement, regular high level interactions and long-standing people-to-people ties.

Canada is home to over 1.2 million Persons of Indian Origin (PIO) who comprise more than 3% of its population. The highly educated, affluent and industrious PIOs is one of largest immigrant groups in Canada. They are well integrated with  mainstreamand also active politically.

The two-way trade between both countries has increased from US $3.21 billion in 2010 to US $6.05 billion approximately in 2016. India accounts for only 1.95% of Canada’s global trade. India exports to Canada include gems, jewellary and precious stones, pharmaceutical products, readymade garments, textiles, organic chemicals, light engineering goods, iron & steel articles, etc. India’s import from Canada include pulses, newsprint, wood

pulp, asbestos, potash, iron scrap, copper, minerals and industrial chemicals, etc. The cumulative Indian FDI was US$ 2093.53 million as against Canadian FDI of US$ 901.1693 million in India. Indian companies have invested especially in the IT, software, steel and natural resources sectors etc.


India inks MoU with Canada’s International Development Research Centre

India has inked memorandum of understanding (MoU) with Canada’s International Development Research Centre (IDRC) for supporting its ‘programme based research support in addressing current and future global and local developmental challenges. IRDC already is providing support to Indian government initiatives in areas like finance, industry, agriculture and health through quality research. Since 1972, IDRC has funded 551 research activities worth CA$159 million in India through institutions, researchers and NGOs. During l2012-17 period, 96 research projects worth CA$ 51 million were funded by IDRC in India.

International Development Research Centre (IDRC)

IRDC is Canadian federal Crown corporation that invests in knowledge, innovation, and solutions to improve lives and livelihoods in developing world. It was established by Parliament of Canada in 1970 under The International Development Research Centre Act. It encourages and supports researchers from developing countries to conduct research in their own institutions and regions.

IDRC development programs support innovative solutions that improve global access to food, jobs, health, and technologies for growth. IDRC’s three program areas promote innovation and deliver large-scale impact are Agriculture and Environment, Inclusive Economies and Technology and Innovation.