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The chief negotiators of India and Canada will begin the fifth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from October 5, with an aim to conclude the talks by the end of this calendar year, an official said. The five-day talks may end on October 9. The fourth round of negotiations concluded here on September 18. The talks are moving at a faster pace as both countries are targeting to conclude the negotiations by the end of this year. The negotiations are important as Prime Minister Narendra Modi is expected to visit Canada around December this year, Canadian Prime Minister Mark Carney has said last month. To give a further impetus to the talks, Canada's Trade Minister Maninder Sidhu will visit New Delhi later this month with a 300 strong business delegation. Sidhu and Commerce Minister Piyush Goyal met in Mumbai last month to review the progress of negotiations. CEPA is a kind of free trade agreement in which two countries
US-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly USD 1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles. The ban amounts to barely a ripple in USD 880 billion worth of a two-way annual trade between the two northern neighbours. But it marks another ratcheting up of President Donald Trump's second-term trade war with America's longtime ally and trading partner. The import ban "certainly won't do anything to help the trade tensions between the United States and Canada," said trade attorney Patrick Childress, a partner at Holland & Knight and a former US trade official. The latest sparring began over the summer when Trump reached back to a Great Depression law to impose 50 per cent tariffs on about USD 20 billion worth of Canadian imports, charging that Canada discriminates against US dairy, auto and alcoholic beverage producers. Canada ..
Canadian Prime Minister Mark Carney said trade negotiations with India are making "good progress" and that the two countries are aiming to conclude talks by the G20 summit in mid-December. Carney also said India had, to his understanding, confirmed that Indian Prime Minister Narendra Modi would visit Canada around that time, though the precise date had not been finalised. "We are making good progress in our trade negotiations with India," Carney said at a news conference on Tuesday on the sidelines of the UN General Assembly. Carney said he and Modi had committed to try to conclude negotiations by the G20. The summit is scheduled for Dec 14-15 at Trump National Doral in Miami. Carney wants to double Canada's non-US trade over the next decade and has made India part of a broader effort to reduce the country's dependence on the United States as relations deteriorate under President Donald Trump. Last week, Carney embraced the prospect of Canada becoming the European Union's first ..
The negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada are progressing and the next round of talks will be held from October 5, Commerce and Industry Minister Piyush Goyal said on Monday. "...the next 90 days should be a very defining period in the Canada-India relationship," he told reporters here. The fourth round of negotiations concluded here on September 18. The talks are moving at a faster pace as both the countries are targeting to conclude the negotiations by end of this year. "Both sides have resolved to fast track negotiations, in view of which our team is now slated to go for the fifth round on October 5," Goyal said. Canada's International Trade Minister Maninder Sidhu was in Mumbai last week to hold talks with Goyal. India's major exports to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals. Key imports from Canada include pulses, pearls and semi-precious stones, coal,
French President Emmanuel Macron and Canadian Prime Minister Mark Carney are set to meet Sunday to deepen economic and security ties on the remote North Atlantic archipelago of Saint-Pierre-et-Miquelon. The meeting comes days after Carney embraced the prospect of Canada becoming the European Union's first associate member, saying closer ties with the continent would ensure no country could control Canada's markets or undermine its sovereignty. US President Donald Trump's tariffs, demands for economic concessions and repeated talk of making Canada the 51st state have pushed Ottawa to reduce its dependence on its neighbour and pursue deeper economic, security and political relationships with Europe. "This is an important moment," Macron said upon arriving Saturday in the French territory off the coast of Newfoundland, Canada. Saint-Pierre-et-Miquelon is home to about 5,800 people. Talks "will allow us to strengthen our bilateral economic ties and defence relationship," Macron ...
Trade ministers of India and Canada on Friday discussed the progress of ongoing negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA). The meeting was held between Commerce and Industry Minister Piyush Goyal and Canada's International Trade Minister Maninder Sidhu in Mumbai. The deliberations are important as both countries are aiming to conclude the negotiations by the end of this year. "Both sides reaffirmed our leadership's commitment to expedite negotiations and conclude CEPA at the earliest, unlocking new opportunities across trade in goods, services and investment, among others," Goyal said in a social media post. He added that early conclusion of the pact will help significantly increase bilateral trade. The chief negotiators of the two countries held the fourth round of talks here this week. "Two-way trade reached $30.4 billion in 2025. Our goal is clear: more than double that to $70 billion by 2030, opening new opportunities for Canadian worke
India and Canada on Monday started fourth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) here, as the two sides look to conclude the talks this year, an official said. The issues that would figure in the five-day (September 14-18) talks include trade in goods, services, rules of origin, and technical trade barriers, among others. The third round was held in July in Ottawa, the official said. The negotiations are important as the two sides have targeted to increase bilateral trade to USD 50 billion by 2030. In 2025-26, two-way trade dipped 8.22 per cent to USD 7.95 billion (USD 4.67 billion exports and USD 3.28 billion imports) from USD 8.66 billion in 2024-25 (USD 4.22 billion exports and USD 4.44 billion imports). Key exports from India to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals, among others. The main imports include pulses, pearls and semi-precious stones, coal, fertili