India, Canada Launch Trade Forum
Analysis based on 15 articles · First reported May 29, 2026 · Last updated May 29, 2026
The launch of the Canada-India Trade and Investment Forum and the accelerated negotiations for the Comprehensive economic partnership agreement (CEPA) are expected to significantly boost bilateral trade and investment between India and Canada. This will create new commercial opportunities for businesses in both countries, particularly in sectors like clean energy, critical minerals, agri-food, advanced manufacturing, digital technologies, and skills development, leading to increased market access and resilient supply chains.
India and Canada have launched the Canada-India Trade and Investment Forum to strengthen business engagement and foster new commercial partnerships. This initiative follows a three-day official visit by India's Commerce and Industry Minister, Piyush Goyal, to Canada, where he met with Canada's Minister of International Trade, Maninder Sidhu, and business leaders. Both nations reiterated their commitment to advancing negotiations for a Comprehensive economic partnership agreement (CEPA), aiming to conclude talks by the end of 2026. The CEPA is crucial for expanding market access, supporting resilient supply chains, and enabling two-way economic growth. Canada also confirmed it will lead a 'Team Canada Trade Mission' to India later this year. The collaboration will focus on high-growth sectors including clean energy, critical minerals, agri-food, advanced manufacturing, digital technologies, and skills development, alongside enhancing connectivity and mobility between the two countries. These developments signal a significant rebound in the India-Canada relationship, aiming to double bilateral trade to US$50 billion by 2030.
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