India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, according to a joint statement issued on Friday (May 29, 2026).
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The two countries have also agreed to enhance connectivity between India and Canada, including people-to-people ties, business mobility, and direct commercial linkages, as essential enablers of expanded trade and investment, it said.
The statement was issued after the conclusion of a three-day (May 25-27, 2026) official visit by Commerce and Industry Minister Piyush Goyal.
He has held a series of meetings with business leaders, besides holding a bilateral meeting with Canada's Minister of International Trade, Maninder Sidhu.
"The Ministers launched the Canada-India Trade and Investment Forum as a key platform that brings together Canadian and Indian business leaders and fosters new commercial partnerships and increased business engagement," it said.
They reiterated their commitment to advancing an ambitious and mutually beneficial Comprehensive Economic Partnership Agreement (CEPA) and affirmed their shared objective of concluding negotiations by the end of this year.
The pact will be important for expanding market access, supporting resilient supply chains, and enabling two-way economic growth.
Mr. Sidhu confirmed that Canada will lead a Team Canada Trade Mission to India later this year.
Published - May 29, 2026 10:55 am IST
international relations / international (foreign) trade / diplomacy / trade policy / trade agreements / foreign investment
Source: The Hindu - India News
