India and Canada begin the fifth round of CEPA negotiations in Ottawa
5 October 2026
The fifth round of negotiations on the India-Canada Comprehensive Economic Partnership Agreement is being held in Ottawa from 5 to 9 October 2026. The two sides are working to conclude the agreement by the end of 2026. The fourth round concluded in New Delhi on 18 September 2026. Bilateral trade in 2025-26 was USD 7.95 billion, down 8.23 per cent from USD 8.7 billion in 2024-25. India's exports to Canada rose 10.63 per cent to USD 4.67 billion, while imports from Canada fell 26.14 per cent to USD 3.28 billion. Canada's Trade Minister Maninder Sidhu met Commerce and Industry Minister Piyush Goyal in Mumbai in September 2026 to review the progress of the talks, and is to visit New Delhi later in October 2026 with a delegation of 300 business representatives.
In plain words
CEPA Comprehensive Economic Partnership Agreement — A trade agreement that covers goods, services and investment together, going wider than a plain tariff deal.