Canada-India Reset Ties, Aim for Free Trade Deal by 2026
Canadian PM Mark Carney’s February 2026 visit to India reset bilateral relations strained after the 2023 killing of Sikh activist Hardeep Singh Nijjar. Both nations agreed to finalize a Comprehensive Economic Partnership Agreement (CEPA) by end of 2026, aiming to triple trade to $50 billion by 2030. Key deals include a $2.6 billion uranium supply agreement and enhanced cooperation in energy, tech, and defence. India’s Commerce Minister Piyush Goyal led a major business delegation to Canada in May 2026, launching a trade and investment forum.
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India and Canada launch trade and investment forum to strengthen economic partnership
India and Canada have launched the Canada-India Trade and Investment Forum to enhance economic ties and foster business partnerships. The announcement followed a three-day official visit (May 25-27, 2026) to Canada by India's Commerce and Industry Minister Piyush Goyal, who held meetings with business leaders and Canada's Minister of International Trade, Maninder Sidhu. The two countries reiterated their commitment to an ambitious Comprehensive Economic Partnership Agreement (CEPA), aiming to conclude negotiations by the end of 2026. They also agreed to enhance connectivity, including people-to-people ties and business mobility. Canada confirmed it will lead a Team Canada Trade Mission to India later this year.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Canada and India Push for Major Free Trade Deal Focused on Energy and Tech
Canadian Prime Minister Mark Carney announced that Canada and India are actively negotiating a comprehensive free trade agreement centered on energy, agri-food, and technology sectors. Carney described the potential deal as a 'game changer' for Canadian businesses and workers, unlocking a massive new market. He met with India's Minister of Commerce and Industry, Piyush Goyal, to review progress. The announcement signals a significant bilateral economic initiative between the two countries, with the deal expected to boost trade and investment in key strategic sectors.
OilPrice.com Daily News UpdateIndia and Canada Aim to Conclude Free Trade Agreement Talks by End of 2026
India and Canada are working to conclude negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026, according to India's Commerce and Industry Minister Piyush Goyal. Speaking during a three-day official visit to Canada starting May 25, Goyal stated that both prime ministers have tasked negotiators with completing the free trade agreement with a comprehensive outlook by year-end or earlier, and tripling bilateral trade from the current $17 billion to $50 billion by 2030. Two rounds of negotiations have been completed, and the third round is ongoing in Ottawa from May 25 to 29. Canadian Prime Minister Mark Carney described the potential deal as a 'game changer' for Canadian workers and businesses, unlocking a massive new market. Key Indian exports to Canada include pharmaceuticals, iron and steel, seafood, and electronics, while Canadian exports to India include pulses, coal, fertilizer, and petroleum crude. The talks mark a reset in bilateral ties following the 2023 killing of a Sikh activist in Canada.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Modi says Carney's visit built foundation for renewed Canada-India partnership
Indian Prime Minister Narendra Modi stated that Canadian Prime Minister Mark Carney's February 27 to March 2 visit to India laid a strong foundation for a renewed bilateral partnership. During the visit, the two countries signed key agreements on uranium and critical minerals supply and agreed to finalize a comprehensive economic partnership agreement. The leaders also pledged to enhance cooperation in defence, critical technologies, small modular nuclear reactors, education, and renewable energy. Modi responded positively to Carney's social media post highlighting the visit as an expansion of the partnership with new ambition. The visit marked a reset in ties following tensions from the 2023 killing of a Sikh activist.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Canada PM Carney’s visit to India resets ties after 2023 Sikh activist killing, says Piyush Goyal
Canadian Prime Minister Mark Carney's February 2026 visit to India has paved the way for a complete reset of bilateral relations, according to Indian Commerce Minister Piyush Goyal. Ties had been strained under Carney's predecessor following the 2023 killing of Sikh activist Hardeep Singh Nijjar in Canada, which led to allegations and a halt in trade talks. Goyal, leading India's largest-ever business delegation to Canada, said both countries are now working toward a free-trade agreement this year and aim to triple trade to $50 billion by 2030. Key outcomes include a 2.6 billion Canadian dollar uranium supply deal for nuclear energy and ongoing negotiations for an economic partnership agreement. Analysts note both nations are seeking to diversify their economic relationships and reduce dependence on the United States.
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