26-May-2026
Economy News
 
Piyush Goyal says India, Canada aim to seal CEPA by year-end; target $50 billion trade by 2030
26-May-2026

Union Commerce and Industry Minister Piyush Goyal on Monday said India and Canada are working to conclude negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by the end of this year, as both countries seek to reset bilateral ties and significantly expand economic cooperation. Speaking during his three-day visit to Ottawa, Goyal said New Delhi and Ottawa were also targeting a sharp increase in bilateral trade to $50 billion by 2030 from current levels, following renewed political engagement between the two countries. “We had the visit of Canadian PM Mark Carney in India just a couple of months ago. It completely changed the way India and Canada looked at each other. It has set in motion the pathway of this relationship, setting a new agenda, new goals in mission mode,” Goyal said while addressing the media alongside Canada’s International Trade Minister Maninder Sidhu, as per an ANI report.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-canada-cepa-negotiations-aim-to-be-sealed-by-year-end-piyush-goyal-says-target-50-billion-trade-by-2030/articleshow/131320355.cms