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Events / India Advances Trade Pacts with Canada and UK
Business Trade agreement talks

India Advances Trade Pacts with Canada and UK

Analysis based on 9 articles · First reported Feb 23, 2026 · Last updated Feb 24, 2026

Sentiment
60
Attention
4
Articles
9
Market Impact
Direct
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Market Impact

The ongoing discussions for the India-Canada CEPA and the India-United Kingdom CETA are expected to significantly boost bilateral trade and investment for India, Canada, and the United Kingdom. These agreements aim to reduce tariffs and unlock new opportunities across various sectors, positively impacting market sentiment for all involved nations.

International Trade Government Seafood
Event Summary

Union Commerce Minister Piyush Goyal held virtual discussions with Canada's Minister of International Trade Maninder Sidhu to advance the India-Canada Comprehensive Economic Partnership Agreement (CEPA). This comes ahead of Canadian Prime Minister Mark Carney's visit to India, where he will meet Prime Minister Narendra Modi to expand the Canada-India relationship, focusing on trade, energy, technology, and AI. The CEPA aims to double bilateral trade to USD 50 billion by 2030. Additionally, Piyush Goyal met with Richard Heald, Chairman of the UK-India Business Council, and Tavish Scott, CEO of Scotland Salmon, to discuss the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA). This deal, signed in July 2025, is projected to boost bilateral trade by £25.5 billion annually and unlock £25 billion in investments, with the United Kingdom offering significant tariff reductions for Indian businesses.

Key Actions
95 India negotiating trade agreement Canada
90 Piyush Goyal held virtual interaction Maninder Sidhu
85 Narendra Modi agreed to relaunch talks Mark Carney
85 India negotiating trade agreement United Kingdom
70 Piyush Goyal held meeting Richard Heald
60 Piyush Goyal held meeting Tavish Scott
Entities Involved
cnt
India
India is actively pursuing comprehensive economic partnership agreements with both Canada and the United Kingdom, seeking to boost its trade and investment ties globally.
Importance 100 Sentiment 70
per
Piyush Goyal
Piyush Goyal, as India's Union Commerce Minister, is a key figure in advancing discussions for both the India-Canada CEPA and the India-United Kingdom CETA, aiming to strengthen India's trade ties.
Importance 90 Sentiment 70
cnt
Canada
Canada is a central participant in the CEPA negotiations with India, aiming to double bilateral trade to USD 50 billion by 2030 and unlock new opportunities for Canadian exporters.
Importance 90 Sentiment 65
per
Maninder Sidhu
Maninder Sidhu, Canada's Minister of International Trade, is actively involved in the virtual discussions with Piyush Goyal to progress the India-Canada CEPA, highlighting potential for increased bilateral trade.
Importance 80 Sentiment 60
cnt
United Kingdom
The United Kingdom is involved in the Comprehensive Economic and Trade Agreement (CETA) with India, a deal expected to boost bilateral trade by £25.5 billion annually and unlock £25 billion in investments.
Importance 80 Sentiment 60
per
Mark Carney
Mark Carney, as the Canadian Prime Minister, is expected to visit India to further elevate and expand the Canada-India relationship, with a focus on trade, energy, technology, and AI.
Importance 70 Sentiment 60
per
Narendra Modi
Narendra Modi, Prime Minister of India, agreed with Mark Carney to formally relaunch talks on the CEPA, aiming to significantly increase bilateral trade between India and Canada.
Importance 70 Sentiment 70
+ 5 more entities View on Dashboard
Relationships
Piyush Goyal related ↔ India
Maninder Sidhu related ↔ Canada
Mark Carney related ↔ Canada
Narendra Modi related ↔ India
Richard Heald related ↔ UK-India Business Council
Tavish Scott related ↔ Scotland Salmon
David Lammy related ↔ United Kingdom
Piyush Goyal related ↔ Maninder Sidhu
Piyush Goyal related ↔ Canada
Piyush Goyal related ↔ Mark Carney
+ 14 more relationships View on Dashboard
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