India-Canada CEPA

India and Canada Sign Terms of Reference for Ambitious Trade Pact; Target $50 Billion Bilateral Trade by 2030

India and Canada Sign Terms of Reference for Ambitious Trade Pact; Target $50 Billion Bilateral Trade by 2030

New Delhi/Ottawa (Gurpreet Singh/Rajeev Sharma)— In a move designed to reset and revolutionize economic ties, India and Canada officially launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) on Monday, March 2, 2026. The Terms of Reference (ToR) for the landmark agreement were signed by Indian Commerce Minister Piyush Goyal and Canadian International Trade Minister Maninder Sidhu at Hyderabad House. The exchange took place in the presence of Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney, marking a significant milestone in the first official visit by the Canadian leader to the Indian capital. During the high-profile ceremony, Prime…
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