India, Canada conclude third round of talks on proposed trade pact

India and Canada have concluded the third round of negotiations for a Comprehensive Economic Partnership Agreement in Ottawa. Both nations aim to finalize the trade deal within 2026 to boost bilateral trade targets.
Why it matters
Strengthening trade ties between India and Canada is a strategic priority for both nations to diversify economic partnerships and reach a $50 billion trade goal by 2030.
India and Canada concluded the third round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa on Friday (July 10, 2026) as the two sides look to wind up the talks this year itself.
The issues that figured in the five-day talks include trade in goods, services, intellectual property, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade, among others.
"India and Canada concluded the 3rd Round of negotiations for the India-Canada CEPA in Ottawa from 6-10 July 2026. The discussions witnessed positive progress across multiple negotiating tracks, reaffirming the shared commitment of both countries to conclude the negotiations in 2026, in line with the vision of the leaders," the Department of Commerce said in a social media post.
The negotiations are important as the two sides seek to increase bilateral trade to $50 billion by 2030.
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