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ANYTIME NEWS NETWORK | Pooja Srivastava
India and Canada have reaffirmed their commitment to strengthening bilateral trade and investment relations to boost economic growth and create new business opportunities in both countries. The announcement came during discussions between India’s Commerce and Industry Minister Piyush Goyal and Canada’s Trade Minister Maninder Sidhu.
According to the joint statement, both leaders emphasized deeper cooperation in sectors such as clean energy, critical minerals, agri-food, advanced manufacturing, digital technology, and skill development. Canadian Trade Minister Maninder Sidhu welcomed the largest-ever Indian business delegation led by Piyush Goyal and highlighted the strong potential for collaboration between the two nations.
Both countries also reiterated their commitment to advancing the Comprehensive Economic Partnership Agreement (CEPA). The ministers confirmed their shared goal of completing negotiations by the end of this year. They stated that the agreement would help improve market access, strengthen supply chains, and support long-term economic growth for both nations.
India and Canada officially launched the Canada-India Trade and Investment Forum, which will serve as an important platform for connecting business leaders and promoting new commercial partnerships and investment opportunities.
The ministers also stressed the importance of stronger people-to-people ties, business mobility, and direct commercial engagement to support expanding trade and investment relations.
Maninder Sidhu further announced that Canada will lead a “Team Canada Trade Mission” to India later this year. The move reflects growing interest among Canadian companies in expanding their presence in the Indian market and building stronger commercial ties.
Both countries agreed to encourage long-term investments in priority sectors and support greater cooperation among businesses, innovators, and institutional partners. India and Canada also committed to maintaining regular dialogue and achieving concrete outcomes in the coming months.
