India-Canada Conclude Fourth Round of CEPA Talks
Why in the news
India and Canada wrapped up the fourth round of negotiations on a Comprehensive Economic Partnership Agreement (CEPA) on 18 September 2026. Both governments want the deal done by the end of the year.
Key facts
- The fourth round ended on 18 September; the fifth round is scheduled from 5 October, according to Goyal.
- The target is to finalise the CEPA by end-2026.
- Goyal called the next 90 days a very defining period for Canada-India ties.
- Canada’s Global Affairs reported two-way trade in goods and services of US$30.4 billion in 2025.
Trade numbers
| Item | Figure |
|---|---|
| Two-way trade, goods and services (2025) | US$30.4 billion |
| Goal for annual two-way trade by 2030 | US$70 billion |
About a CEPA
A comprehensive economic partnership agreement goes beyond tariff cuts on goods. It typically also covers services and investment.
Exam angle
- Know the abbreviation CEPA and the partner: Canada.
- Deadline: end of 2026; trade goal: US$70 billion by 2030.
- Commerce Minister: Piyush Goyal.