With PM Modi set to visit Ottawa, India & Canada back CEPA
India and Canada are advancing negotiations for a Comprehensive Economic Partnership Agreement (CEPA) ahead of Prime Minister Modi's upcoming visit to Ottawa. Both nations aim to strengthen bilateral trade and defense ties, targeting a trade volume of CAD 70 billion by 2030.
Why it matters
Strengthening economic and defense ties between India and Canada signals a significant geopolitical alignment in the Indo-Pacific and North American corridors.
The latest round of India-Canada security dialogue saw both sides welcoming efforts to advance talks for a Comprehensive Economic Partnership Agreement (CEPA), while underlining the growing potential for advancing a "substantive bilateral defence relationship in keeping with the vision of the leadership".The two sides are expected to sign the CEPA during PM Modi's visit to Canada which, according to official sources, is tentatively scheduled for Dec 11-13.It will come days before the G20 summit for which…
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