Piyush Goyal's Visit to Canada Aims to Strengthen Economic Ties and CEPA Negotiations
Piyush Goyal in Canada to boost economic ties, CEPA negotiations
Asianet Newsable
Image: Asianet Newsable
Piyush Goyal, India's Commerce and Industry Minister, is on a three-day visit to Canada to enhance economic relations and advance negotiations for the Comprehensive Economic Partnership Agreement (CEPA). The visit includes meetings with Canadian officials and business leaders, focusing on sectors like energy, technology, and trade.
- 01Goyal's visit from May 25 to 27 includes discussions with Canada's International Trade Minister and Prime Minister Mark Carney.
- 02The CEPA aims to increase bilateral trade between India and Canada to USD 50 billion by 2030.
- 03India's exports to Canada reached USD 4.67 billion, while imports were USD 3.28 billion in FY2025-26.
- 04The visit is supported by a delegation of over 100 Indian business leaders across various sectors.
- 05Canada hosts a significant Indian-origin community of nearly 1.8 million Indo-Canadians, enhancing people-to-people ties.
Advertisement
In-Article Ad
Piyush Goyal, India's Commerce and Industry Minister, arrived in Ottawa on May 25 for a three-day official visit aimed at strengthening economic ties and advancing negotiations for the Comprehensive Economic Partnership Agreement (CEPA) with Canada. The visit, welcomed by India's High Commissioner to Canada, Dinesh K. Patnaik, is seen as a pivotal step in rejuvenating bilateral relations. Goyal will engage in discussions with Canadian officials, including International Trade Minister Maninder Sidhu and Prime Minister Mark Carney, focusing on enhancing trade and investment flows. The visit is backed by a delegation of over 100 senior executives from diverse sectors such as energy, technology, and pharmaceuticals. Both countries aim to scale up bilateral trade to USD 50 billion by 2030, with current trade volumes nearing USD 8 billion. The visit also seeks to strengthen cooperation in energy, technology, and civil nuclear sectors, amidst a backdrop of renewed diplomatic momentum following previous strains in relations.
Advertisement
In-Article Ad
The visit is expected to enhance trade relations and open new avenues for business cooperation between India and Canada.
Advertisement
In-Article Ad
Reader Poll
What do you think about the potential of the CEPA between India and Canada?
Connecting to poll...
Read the original article
Visit the source for the complete story.


