“India is the world’s third-largest economy and represents a tremendous opportunity for Ontario’s agri-food sector in a market that is new to many of Ontario’s exporters,” Minister Leal said in a release. “By strengthening trading relationships between governments and businesses, and building on the relationships Ontario agri-food companies and businesses already have established, we can explore ways to attract new investment to the province and help Ontario’s agri-food sector compete globally.”
In 2015, Ontario and India traded approximately $2.5 billion worth of goods and with Ontario being a leader in agriculture, the door could be open for new relationships to be built.
“Ontario and India are natural partners in agriculture and food production, and I look forward to finding new opportunities where we can align Ontario technology, goods and services with the needs of the Indian market,” Minister Chan said in a release.
In 2015, ministers Leal and Chan completed a trade mission to China, where they secured deals totaling $8 million.