The trade relations between India and Canada started on a positive note post 1947, with the aim of enhanced cooperation between Commonwealth nations. But India’s nuclear tests at Pokhran hampered bilateral ties. Also, Canadian economy suffered greatly due to oil shocks in the 1970s. Today, India is the largest trading partner of Canada in the entire SAARC region, although the figures are not that impressive. In the year 2004, the total exports of Canada to India aggregated $656 million, about 0.2% to Canada’s totalexports.
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Source:- IIPM Editorial, 2006
