India–Canada Comprehensive Economic Partnership Agreement
International Relations · Saturday, 29 August 2026
India and Canada aim to conclude CEPA negotiations by 2026 to raise bilateral trade to CAD 70 billion by 2030. The deal focuses on investment protection, critical minerals, and FinTech cooperation.
Quick highlights
- Target to raise trade to ₹4.65 lakh crore (CAD 70 billion) by 2030.
- Negotiations for a Bilateral Investment Treaty (BIT) to safeguard investors.
- Focus on digital payments, cross-border remittances, and UPI integration.
- Strategic interest in Canadian critical minerals and institutional/pension funds.
- Aims to conclude the full CEPA by the end of 2026.
Context
Trade relations between India and Canada are being formalized through a Comprehensive Economic Partnership Agreement (CEPA), emphasizing energy security and FinTech.
Key Facts
Bilateral trade stood at ₹70,354 crore in 2025-26. Canadian pension funds are major investors in India's infrastructure and asset-monetisation pipeline.
Exam Angle
GS Paper II: Bilateral agreements. GS Paper III: International trade and FinTech. Relevant for questions on economic diplomacy and supply chain resilience.
Remember this
- CEPA: Comprehensive Economic Partnership Agreement.
- Bilateral trade target by 2030: CAD 70 billion.
- BIT: Bilateral Investment Treaty.
- Canada is a key source of pension fund investment for Indian infrastructure.
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