Piyush Goyal Meets Canadian PM Mark Carney to Advance Trade Talks
Piyush Goyal to meet Canadian PM Mark Carney in Ottawa today as trade talks advance
Hindustan Times
Image: Hindustan Times
Commerce and Industry Minister Piyush Goyal is in Ottawa to meet Canadian Prime Minister Mark Carney, aiming to enhance economic ties and advance negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between India and Canada.
- 01Goyal's visit marks a significant step in India-Canada relations, with a focus on the CEPA.
- 02He is leading a delegation of around 100 Indian business leaders, the largest trade delegation India has ever sent abroad.
- 03Bilateral trade between India and Canada is currently just under CA$33 billion, with a target to reach CA$70 billion by 2030.
- 04Meetings with Canadian ministers, including those of International Trade and Foreign Affairs, are scheduled to discuss trade advancements.
- 05The Canada-India Trade and Investment Forum will be held in Toronto, emphasizing the growing importance of economic relations.
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Commerce and Industry Minister Piyush Goyal is visiting Ottawa to meet Canadian Prime Minister Mark Carney, highlighting Canada's commitment to strengthening economic ties with India. This meeting is part of ongoing efforts to negotiate a Comprehensive Economic Partnership Agreement (CEPA). Goyal's visit includes meetings with several Canadian ministers, including Maninder Sidhu, Anita Anand, and Heath McDonald, to discuss trade issues. Accompanied by a delegation of around 100 Indian business leaders, this mission represents India's largest trade delegation abroad, reflecting the increasing importance of Canada-India economic relations. The bilateral trade currently stands at nearly CA$33 billion, with aspirations to expand it to CA$70 billion by 2030. The Canada-India Business Council is organizing the Canada-India Trade and Investment Forum in Toronto, further indicating the momentum in trade discussions. The High Commissioner of India to Canada, Dinesh Patnaik, noted that such a large delegation would have been unimaginable a year ago, underscoring the progress made in bilateral relations.
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The meetings and discussions during Goyal's visit could lead to increased trade and investment opportunities for businesses in both countries.
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