India and Canada have completed the fourth round of negotiations for a proposed Comprehensive Economic Partnership Agreement (CEPA), as both countries work towards strengthening their economic relationship.

The latest round of talks was held in New Delhi from September 14 to September 19. Officials from both countries have indicated that negotiations will continue, with the objective of advancing trade in goods, services and investment.

Focus on Trade and Investment

The proposed agreement could cover several areas of economic cooperation. India and Canada are looking at ways to increase bilateral trade while creating greater opportunities for businesses and investors.

The discussions are taking place as both countries seek to expand economic cooperation following periods of diplomatic tension.

According to the Financial Express, the two sides have completed negotiations on two chapters and are aiming to move towards concluding the wider agreement by the end of 2026.

What Happens Next?

Further negotiations will determine the final terms of the agreement. Businesses and exporters will be watching the discussions closely because changes in trade arrangements can influence market access, investment and commercial opportunities.v