India, Canada To Avoid Sensitive Trade Issues
India and Canada have agreed to avoid sensitive sectors in their ongoing trade pact negotiations and focus instead on areas where both sides can reach quicker agreement, Commerce and Industry Minister Piyush Goyal said.
India Canada CEPA Talks Continue
The two countries are negotiating a Comprehensive Economic Partnership Agreement, with the third round of talks currently underway in Ottawa. Goyal said both sides want to focus on “low-hanging fruit” and areas of convergence instead of pushing for concessions in politically or economically sensitive sectors.
The approach is aimed at keeping talks moving while respecting domestic concerns in both countries.
Sensitive Sectors To Be Avoided
Goyal said India and Canada would not try to force difficult sectors into the agreement at this stage. This means negotiators may prioritise trade areas where industry, market access and investment interests are more aligned.
The talks are expected to cover sectors such as services, technology, clean energy, mining, critical minerals, agriculture, tourism and investment cooperation. Both countries are also looking at ways to deepen commercial engagement after a period of diplomatic strain.
Bilateral Trade Target Set At $50 Billion
India and Canada are aiming to conclude the trade agreement by the end of 2026. The broader goal is to increase bilateral trade from around $17 billion to $50 billion by 2030.
Goyal’s Canada visit, along with a large Indian business delegation, is being seen as part of a wider effort to reset economic ties and build a more stable trade partnership.
