India's Clash With Canada Threatens To Hurt Trade, Investment
NDTV
A proposed early-stage trade deal is in jeopardy, potentially hurting India's efforts to woo the West and serve as a supply-chain alternative to China.
Canada-India ties have deteriorated since Prime Minister Justin Trudeau accused New Delhi of orchestrating the assassination of a Sikh separatist leader in British Columbia. Now, the diplomatic standoff threatens to spill over into their economies.
A proposed early-stage trade deal is in jeopardy, potentially hurting India's efforts to woo the West and serve as a supply-chain alternative to China. India's access to Canadian potash, a key nutrient for crops, may get affected.
Indian students may start avoiding Canada for higher education after New Delhi issued a safety advisory on the country for "anti-India" activities. This could affect a sector that brings in about C$22 billion ($16.3 billion) annually in revenues for Canada.
