India and Canada Accelerate Trade Talks for CEPA Agreement
India, Canada signal renewed momentum in trade talks for CEPA deal

Image: Asianet Newsable
India and Canada are making significant progress in negotiations for a Comprehensive Economic Partnership Agreement (CEPA), with Union Minister Piyush Goyal and Prime Minister Mark Carney expressing optimism about concluding the deal by the end of 2026. The agreement aims to triple bilateral trade from $17 million to $50 million by 2030.
- 01Union Minister Piyush Goyal and Canadian Prime Minister Mark Carney are optimistic about concluding the CEPA by the end of 2026.
- 02The trade agreement aims to triple bilateral trade from the current $17 million to $50 million by 2030.
- 03Goyal's visit to Canada includes the largest Indian business delegation in history, with 112 companies participating.
- 04Carney described the CEPA as a 'game changer' for Canadian workers and businesses, unlocking new markets.
- 05Both nations are exploring collaboration in sectors such as energy, agriculture, technology, and education.
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India and Canada are signaling renewed momentum in their trade negotiations, particularly regarding the Comprehensive Economic Partnership Agreement (CEPA). Union Commerce and Industry Minister Piyush Goyal met with Canadian Prime Minister Mark Carney, highlighting the progress made and expressing optimism for an early conclusion of the agreement. Goyal noted that the CEPA could significantly enhance economic ties, aiming to triple bilateral trade from the current $17 million to $50 million by 2030. Carney emphasized the deal's potential as a 'game changer' for Canadian industries, indicating that both countries are moving swiftly to explore opportunities across various sectors, including energy, agriculture, technology, and education. Goyal's visit to Canada, which includes the largest Indian business delegation in history with 112 companies, underscores India's commitment to strengthening this partnership. The officials are working towards finalizing the CEPA by the end of this year, marking a pivotal step in revitalizing India-Canada relations.
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The CEPA is expected to significantly enhance trade relations, creating new economic opportunities for businesses in both countries.
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