Stories
India and Canada Push to Finalise Trade Deal
C
CNBC TV18•14-10-2026, 00:35
India and Canada Push to Finalise Trade Deal
- •Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney discussed expanding cooperation in trade, energy, technology, and security.
- •Both nations reaffirmed their commitment to conclude the Comprehensive Economic Partnership Agreement to double bilateral trade by 2030.
- •High-level visits including a Team Canada Trade Mission and Foreign Affairs Minister Anita Anand are currently underway in India.
- •Bilateral relations have recovered significantly under Prime Minister Mark Carney following previous diplomatic tensions.
- •Prime Minister Narendra Modi is scheduled to visit Canada in December to further advance strategic and trade priorities.
Key Questions Answered
India and Canada are pushing to finalise the CEPA trade deal to support efforts to double bilateral trade by 2030, following discussions between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney.
Relations began to improve after Mark Carney's Liberal Party won the Canadian parliamentary election in April 2025, leading to the exchange of high commissioners and Carney's official visit to India in March 2026.
India's National Security Adviser Ajit Doval and Canadian adviser David Morrison reviewed progress on a shared Security Work Plan, agreeing to deepen cooperation against terrorism, transnational organised crime, cybercrime, and human trafficking.
