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India, Canada Resume Trade Talks: Fifth Round Begins October 5 for C$70 Billion Goal
M
Moneycontrol•02-10-2026, 08:26
India, Canada Resume Trade Talks: Fifth Round Begins October 5 for C$70 Billion Goal
- •India and Canada will commence their fifth round of trade negotiations in Ottawa on October 5, aiming to finalize a Comprehensive Economic Partnership Agreement (CEPA).
- •The two nations are working towards a bilateral trade target of C$70 billion by 2030, a goal set by Prime Ministers Narendra Modi and Mark Carney.
- •Negotiations were fast-tracked after the fourth round in Mumbai, with both countries committed to concluding talks this year.
- •Key areas for cooperation include energy, critical minerals, and aerospace, with India seeking to diversify supply chains and Canada inviting Indian investment.
- •The current talks follow a pause in August 2023, with renewed commitment to CEPA negotiations after an earlier attempt in 2022.
Key Questions Answered
The fifth round of India-Canada trade negotiations begins in Ottawa on October 5.
Both countries are working toward expanding their bilateral trade to C$70 billion by 2030.
Following an earlier pause in August 2023, Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi agreed to launch fresh CEPA negotiations on November 23, 2025.
