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India and Canada restart trade talks aiming for $50B in bilateral trade by 2030, focusing on critical minerals, clean energy, and tech.
India and Canada have restarted talks on a Comprehensive Economic Partnership Agreement (CEPA), with Commerce Minister Piyush Goyal and Canada’s Maninder Sidhu agreeing to prepare for negotiations aimed at boosting trade to $50 billion by 2030.
A high-level Indian delegation will visit Canada in early 2026.
Bilateral trade in goods and services reached $23.66 billion in 2024, a 10% increase from the previous year, with merchandise trade at nearly $8.98 billion.
Both nations highlighted cooperation in critical minerals, clean energy, supply chains, and emerging technologies like AI and quantum computing, building on renewed diplomatic momentum following a 2023 rift.
India y Canadá reanudan las conversaciones comerciales con el objetivo de alcanzar 50 mil millones de dólares en comercio bilateral para 2030, centrándose en minerales críticos, energía limpia y tecnología.