Union Commerce Minister Piyush Goyal met Canadian PM Mark Carney. There were talks between the two regarding Comprehensive Economic Partnership Agreement (CEPA). Goyal will be on Canada tour from 25 to 27 May. A big business delegation has also reached Canada with him. The purpose of this visit is to strengthen economic and trade relations between India and Canada. India and Canada are aiming to increase bilateral trade to $50 billion in the next five years.

What did Piyush Goyal say?

Commerce Minister Piyush Goyal said, ‘Met Canadian Prime Minister Mark Carney and extended warm greetings to him on behalf of Prime Minister Modi. Recalling his recent visit to India, he said that this visit has provided new momentum and new confidence to the India-Canada partnership.

He further said, ‘Our conversation focused on future possibilities. Steps being taken to further deepen bilateral cooperation between the two countries were discussed. Also, hope has been expressed that the India-Canada Comprehensive Economic Partnership Agreement (CEPA) will be finalized soon, which will open new opportunities for development and progress for both the countries.

What did the Canadian PM say?

Canadian Prime Minister Mark Carney said, we are negotiating a Free Trade Agreement with India. This will be a game-changer for Canadian workers and businesses and will open up a huge new market. We are moving forward fast. I met Minister Piyush Goyal to review the progress made so far and discussed the opportunities available to both our countries in the areas of energy, agri-food, technology and education.

We’re negotiating a free trade deal with India. This will be a game changer for Canadian workers and businesses — unlocking a massive new market.

We’re working fast — I met Minister @PiyushGoyal to review our progress so far and explore the opportunities ahead for both our… pic.twitter.com/LmiuwQzDmE

—Mark Carney (@MarkJCarney) May 26, 2026

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Before leaving for Canada, he said that this has paved the way for a complete change in India-Canada relations, new agendas and new goals are being set in mission mode. He said that he can clearly see the speed and intention of both sides, which is very good in terms of working together for the well-being of the people of India and Canada and providing business opportunities to both the countries.

He told that the Prime Ministers have given him the task of completing the Free Trade Agreement with a big vision by the end of this year or before, but also to increase our trade three times from the current US $ 17 billion to $ 50 billion by 2030.

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