Indian Prime Minister Manmohan Singh on November 6 said that India and Canada have identified energy cooperation, particularly exports of Canadian oil and natural gas as well as renewable energy cooperation, as an area with enormous potential.
Singh said this while addressing the media after a meeting with the visiting Canadian Prime Minister Stephen Harper. Singh said a ministerial-level energy dialogue will supplement the strategic dialogue and promote specific projects.
The Prime Minister said India also welcomed the recent progress made towards concluding the modalities for the effective operationalisation of the agreement on civil nuclear energy cooperation that the country had signed in 2010.
The memorandum of understanding signed between DRDO and York University was a welcome foray into bilateral defence technology cooperation. Stating that India-Canada economic cooperation was below its potential, the Prime Minister said that the establishment of a bilateral CEOs forum and the commitment to a structured dialogue between the commerce ministers of the two countries, will help trade and economic interaction.
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