India-Canada restart trade deal negotiations; eye $70 billion target
Babushahi Network
Johannesburg, November 25, 2025: India and Canada have restarted trade deal negotiations and both countries target to double mutual trade to $70 billion.
Canada’s Prime Minister Mark Carney made this announcement on his ‘X’ handle after meeting Indian Prime Minister Narendra Modi on the sidelines of the Group of 20 summit in South Africa. According to India’s Ministry of External Affairs, the leaders will “begin negotiations on a high-ambition Comprehensive Economic Partnership Agreement.” Modi also extended an invitation for Carney to visit India in the near future. The proposed trade deal aims to elevate bilateral trade to $50 billion by 2030. In 2024, Canada and India exchanged approximately CAD$31 billion ($22 billion) in goods and services, underscoring the potential for growth in this economic partnership.