India, Canada discuss advancing CEPA negotiations to boost trade, investment: Piyush Goyal

“Discussed advancing the India-Canada Comprehensive Economic Partnership Agreement (CEPA) negotiations, with a focus on a balanced, mutually beneficial agreement that enhances market access & unlocks new trade and investment opportunities,” Goyal said.

He expressed confidence that the proposed agreement would provide fresh momentum to bilateral trade and deepen the economic partnership between the two countries.

A comprehensive economic partnership agreement generally covers a broad range of trade and economic issues. However, Goyal’s post did not specify the issues discussed during the meeting, the progress made in negotiations or a timeline for concluding the agreement.

The minister also did not disclose details of any specific sectors or market-access provisions discussed with Sidhu.

Goyal’s statement highlighted the importance of securing an agreement that benefits both countries, suggesting that balanced terms and greater access to each other’s markets remain central to the ongoing discussions.

If concluded, the CEPA is expected by the two sides to create opportunities for businesses to expand trade and investment, while strengthening the broader economic relationship between India and Canada.

Goyal reiterated confidence that the proposed agreement could support shared economic growth and prosperity. (ANI)

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