India, Canada looking at concluding trade pact talks by year end
India and Canada are aiming to finalize a free trade agreement by the end of this year. The agreement is expected to significantly boost trade between the two countries, with a target of increasing trade from $17 billion to $50 billion by 2030. Ongoing negotiations include discussions on various sectors such as energy, agriculture, technology, and education.
- ▪India and Canada are negotiating a Comprehensive Economic Partnership Agreement (CEPA).
- ▪The third round of negotiations is taking place in Ottawa from May 25 to 29.
- ▪Key exports from India to Canada include pharmaceuticals, iron and steel, and electronic goods.
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India and Canada are looking at concluding the negotiations for a free trade agreement by the end of this year, Commerce and Industry Minister Piyush Goyal has said. Canada PM Carney’s visit to India reset ties after 2023 killing of Sikh activist, Piyush Goyal saysMr. Goyal is in Canada for a three-day official visit, starting May 25. “Our Prime Ministers have tasked us not only with completing the free trade agreement with a comprehensive outlook before the end of this year or earlier and tripling our trade from a current $17 billion level to $50 billion by 2030,” he has said, while jointly addressing the media in Ottawa with Canada's Trade Minister Maninder Sidhu on May 25.Mr. Goyal also called on Canada’s Prime Minister Mark Carney.In a social media post, Mr.
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