India, Canada to resume trade deal negotiations

TARGET TO DOUBLE BILATERAL TRADE TO $50 BN BY 2030

- MUKESH JAGOTA

INDIA AND CANADA have agreed to resume negotiations on an ambitious Comprehensive Economic Partnership Agreement (CEPA), more than two years after talks on the pact were suspended as political differences among two sides blew out in the open.

The decision to begin negotiations on CEPA was taken at a meeting between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney on the sidelines of the G-20 Summit in Johannesburg late Sunday.

“Building on the 7th Ministerial Dialogue on Trade and Investment (MIDI) held in New Delhi, India, on November 13, 2025, the leaders agreed to formally launch negotiations for an ambitious CEPA encompassing goods, services, investment, agriculture and agri-food, digital trade, mobility, and sustainable development,” a statement issued by Carney’s office said.

Through the agreement both sides aim at doubling bilateral trade to $ 50 billion by 2030.