Prime Minister Mark Carney addressed business leaders in Mumbai, India, emphasizing the need for middle powers to unite against major global powers. He reiterated themes from his recent Davos speech, urging countries to confront the current geopolitical landscape, characterized by economic weaponization and weakened international institutions. Carney expressed optimism for a comprehensive trade agreement between Canada and India by year-end and highlighted potential collaborations in energy, artificial intelligence, and defense.
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