International, Defence and Summits · 27 May 2026

India and Canada aim to conclude Comprehensive Economic Partnership Agreement (CEPA) by year-end

Exam-focused facts from the 27 May 2026 current affairs briefing.

Key facts

  • India and Canada are working to conclude negotiations for the Comprehensive Economic Partnership Agreement (CEPA) by the end of this year.
  • The two nations have set a target to increase bilateral trade to $50 billion by 2030.
  • Union Commerce and Industry Minister Piyush Goyal visited Ottawa accompanied by a delegation of 112 Indian companies.
  • The business delegation included firms from the energy, mining, aerospace, telecom, pharmaceuticals, agriculture, tourism, textiles, automotive, and capital goods sectors.
  • Key areas of identified cooperation include energy, civil nuclear cooperation, clean energy transition, artificial intelligence, technology partnerships, and innovation ecosystems.