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The Economic Times
The Economic Times

India-Canada trade target: $70 billion in five years as CEPA talks speed up

Milwaukee: Canada and India are aiming to scale their bilateral trade from USD 30 billion to USD 70 billion over the next five years, with ongoing free trade negotiations expected to conclude in the coming months, Canadian International Trade Minister Maninder Sidhu said on Thursday (local time).

Speaking at the 2026 G20 Trade Ministers Meeting in Milwaukee on the India-Canada trade deal, Sidhu said, "The vision that leaders have set out for us is to scale trade from USD 30 billion to USD 70 billion within the next five years. How do we get there? Part of it is through the greater facilitation of free trade. Right now, negotiations are ongoing to see what we can do together to build our economies in a complementary manner rather than competing with one another."

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