Canada and India are intensifying negotiations for a Comprehensive Economic Partnership Agreement, with both sides aiming to conclude a deal by year-end. A Canadian trade mission involving nearly 300 delegates is exploring business opportunities as Ottawa targets $70 billion in annual bilateral trade by 2030.
Commerce Minister Piyush Goyal held talks with trade counterparts from Canada, Saudi Arabia and South Korea on the sidelines of the G20 meeting in Milwaukee, reviewing CEPA and FTA negotiations, market access and investment opportunities as India expands global trade ties
India and Canada aim to conclude negotiations on a Comprehensive Economic Partnership Agreement by the end of 2026 and begin Bilateral Investment Treaty talks, while also exploring wider UPI use and targeting expansion of bilateral trade to CAD 70 billion by 2030