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Events / India-Canada Launch CEPA Negotiations
International trade agreement

India-Canada Launch CEPA Negotiations

Analysis based on 20 articles · First reported Mar 02, 2026 · Last updated Mar 02, 2026

Sentiment
60
Attention
4
Articles
20
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The launch of CEPA negotiations between India and Canada is expected to positively impact global trade and investment flows, particularly in sectors like pharmaceuticals, iron and steel, and telecommunications. The ambitious $50 billion trade target by 2030 signals significant growth potential for both economies.

International Trade Government Logistics
Event Summary

India and Canada have officially launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in New Delhi, aiming to finalize the deal soon. The Terms of Reference (ToR) for the agreement were signed by India's Commerce and Industry Minister, Piyush Goyal, and Canada's Minister of International Trade, Maninder Sidhu, in the presence of Prime Minister Narendra Modi and Prime Minister Mark Carney. The agreement seeks to boost bilateral trade to $50 billion by 2030, covering trade in goods, services, and other mutually agreed policy areas. Key Indian exports to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods, and chemicals, while major imports from Canada include pulses, pearls and semi-precious stones, coal, fertilizer, paper, and crude petroleum. The CEPA is also expected to strengthen people-to-people ties between the two nations.

Key Actions
100 India launched negotiations for Comprehensive Economic Partnership Agreement Canada
100 Canada launched negotiations for Comprehensive Economic Partnership Agreement India
90 Narendra Modi set bilateral trade target of $50 billion by 2030
80 Piyush Goyal signed Terms of Reference for CEPA
80 Maninder Sidhu signed Terms of Reference for CEPA
70 Mark Carney described CEPA as expansion of valued partnership
Entities Involved
cnt
India
India is a key participant in the CEPA negotiations with Canada, aiming to boost its exports and achieve a bilateral trade target of $50 billion by 2030. This agreement is expected to strengthen its economic ties and enhance trade in goods and services.
Importance 100 Sentiment 60
cnt
Canada
Canada is a key participant in the CEPA negotiations with India, seeking to expand its valued partnership and achieve a bilateral trade target of $50 billion by 2030. The agreement is expected to enhance trade in goods and services and reinforce people-to-people ties.
Importance 100 Sentiment 60
per
Narendra Modi
Narendra Modi, Prime Minister of India, was present at the signing of the Terms of Reference for the CEPA and set the ambitious bilateral trade target of $50 billion by 2030, emphasizing the importance of the agreement.
Importance 80 Sentiment 50
per
Mark Carney
Mark Carney, Prime Minister of Canada, was present at the signing of the Terms of Reference for the CEPA and described the agreement as an expansion of a valued partnership with new ambition, focus, and foresight.
Importance 80 Sentiment 50
per
Piyush Goyal
Piyush Goyal, India's Commerce and Industry Minister, signed the Terms of Reference for the CEPA, playing a direct role in initiating the negotiations.
Importance 70 Sentiment 50
per
Maninder Sidhu
Maninder Sidhu, Canada's Minister of International Trade, signed the Terms of Reference for the CEPA, playing a direct role in initiating the negotiations.
Importance 70 Sentiment 50
alliance
G7
Discussions between the leaders of India and Canada on the margins of the G7 meeting in Kananaskis in October 2025 helped advance the CEPA negotiations.
Importance 10 Sentiment 0
Relationships
India related ↔ Canada
Narendra Modi related ↔ India
Mark Carney related ↔ Canada
Piyush Goyal related ↔ India
Maninder Sidhu related ↔ Canada
Mark Carney related ↔ India
Maninder Sidhu related ↔ India
Narendra Modi related ↔ Canada
Piyush Goyal related ↔ Canada
Narendra Modi related ↔ Mark Carney
+ 5 more relationships View on Dashboard
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