Both sides emphasise a balanced and mutually beneficial trade agreement to expand market access, boost investments and strengthen bilateral economic partnership
New Delhi: Union Minister of Commerce and Industry Shri Piyush Goyal held a warm and engaging breakfast meeting with Mr. Maninder Sidhu, Minister of International Trade of Canada, along with the accompanying Canadian delegation, to discuss advancing negotiations on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthening bilateral economic relations.
During the interaction, both sides exchanged views on the progress and priorities of CEPA negotiations, emphasising the importance of reaching a balanced and mutually beneficial agreement that delivers meaningful market access and creates new opportunities for businesses in both countries.
The discussions focused on leveraging the economic complementarities between India and Canada to expand bilateral trade, encourage investments and deepen commercial engagement across various sectors. Both sides recognised the potential of stronger economic cooperation in unlocking new business opportunities and facilitating greater participation of companies in each other’s markets.
Shri Piyush Goyal highlighted the importance of an agreement that addresses the interests of both economies while providing a favourable framework for expanding trade and investment ties.
The meeting also reaffirmed the shared commitment of India and Canada to take their economic partnership to new heights through constructive engagement and continued dialogue.
The proposed CEPA is expected to serve as an important catalyst for strengthening bilateral commercial relations, improving market access, promoting investment flows and creating a more conducive environment for businesses in both countries.
The interaction underlined the mutual interest of India and Canada in building a stronger, more dynamic and forward-looking economic partnership, with CEPA emerging as a key instrument for deeper trade engagement and shared prosperity.