Story perspectives

India-Canada CEPA Talks Target $70B Trade by 2030

By Drooid · Oct 16, 2026, 10:25 AM UTC · How we work

Summary

Story summary

Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney discussed ties in a call on 13 October 2026.
Trade Minister Maninder Sidhu led a 300-member delegation to New Delhi for aerospace, clean energy and technology talks.
Canadian Foreign Minister Anita Anand met Minister S Jaishankar in New Delhi on 14 October 2026, visit since June 2025.
India and Canada are in the CEPA round, targeting $70 billion trade 2030 and aiming to sign by December 2026.

History

Historical Context

In 1998 Canada and India signed a Trade and Investment Framework Agreement, the first formal bilateral trade structure after Canada joined the WTO. The pact stalled and by 2021 the planned free-trade deal was replaced by negotiations for a Comprehensive Economic Partnership Agreement (CEPA). With 2023 bilateral trade at $9.36 billion, the CEPA round aims for $70 billion by 2030.

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Story summary

Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney discussed ties in a call on 13 October 2026.
Trade Minister Maninder Sidhu led a 300-member delegation to New Delhi for aerospace, clean energy and technology talks.
Canadian Foreign Minister Anita Anand met Minister S Jaishankar in New Delhi on 14 October 2026, visit since June 2025.
India and Canada are in the CEPA round, targeting $70 billion trade 2030 and aiming to sign by December 2026.

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