New Delhi, June 1 (IANS) As the India‑Oman Comprehensive Economic Partnership Agreement came into force on Monday, Union Commerce and Industry Minister Piyush Goyal said the agreement will significantly benefit India.Goyal took to a social media platform, X, describing the agreement as a defining milestone in Prime Minister Narendra Modi’s mission to create global pathways to prosperity for students, artisans, women, farmers, fishermen and MSMEs by opening new markets, boosting exports, attrac…
Latest CEPA News & Updates
New Delhi, May 31 (IANS) India-Oman Comprehensive Economic Partnership Agreement (CEPA) offering zero duty access to a range of Indian labour-intensive exports, will kick in from Monday.The Finance Ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.India and Oman signed the Comprehensive Economic Partnership Agreement (CEPA) in December last year during Prime Minister Narendra Modi’s visit to Muscat.Par…
New Delhi, May 28 (IANS) Commerce and Industry Minister Piyush Goyal’s visit to Canada, which concluded on Thursday, marks the first real commercial test of the India-Canada reset that began during Prime Minister Mark Carney’s March 2026 visit to India, with the two countries trying to move the relationship back toward a more structured economic footing, according to an article in India Narrative.Goyal met Prime Minister Carney, International Trade Minister Maninder Sidhu, Foreign Minister A…
New Delhi, May 28 (IANS) A Canada-India trade agreement may seem modest in aggregate volume, but it is disproportionately important for Canada’s diversification strategy and North American supply chain resilience, especially in critical minerals, clean energy and knowledge intensive services, according to an article in One World Outlook.Of late, bilateral commerce has grown into a mid-sized but still underexploited relationship. In fiscal year 2023–24, India–Canada merchandise trade reache…
Toronto/New Delhi, May 28 (IANS) With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a highly-productive and landmark three-day visit to Canada, an official statement said on Thursday.Goyal had a packed schedule of high-impact engagements in Toronto spanning academia, innovation, government,…
Washington, May 25 (IANS) India and Canada are aiming to nearly double bilateral trade to $50 billion within the next five years as both countries push to reset economic ties and fast-track negotiations on a comprehensive trade pact, India’s High Commissioner to Canada, Dinesh K Patnaik, said in an exclusive interview to IANS.The comments come ahead of Union Commerce and Industry Minister Piyush Goyal’s visit to Canada from May 25–27, accompanied by one of the largest Indian business deleg…
Washington, May 25 (IANS) India and Canada have moved from an “antagonistic” phase to an “extremely friendly” one, with security agencies, political leadership and businesses now working closely together, India’s High Commissioner to Canada, Dinesh K. Patnaik, said in an exclusive interview to IANS. “The relationship really changed in the last few months from being antagonistic to being extremely friendly. Right now things are going well,” Patnaik told IANS in an interview ahead of the visit o…
New Delhi, May 23 (IANS) Commerce and Industry Minister Piyush Goyal will visit Canada from May 25-27 with a delegation of nearly 150 industry leaders to boost bilateral economic and trade ties, it was announced on Saturday.India and Canada aim to reach $50 billion in bilateral trade over the next five years.In a news briefing, Goyal said India expects to sign a free trade agreement (FTA) with Canada, covering sectors such as energy and critical minerals. The discussion woul…
New Delhi, May 13 (IANS) Commerce and Industry Minister Piyush Goyal said on Wednesday that he interacted with over 1,000 representatives from industry associations and urged them to seize the unprecedented opportunities emerging through India’s expanding FTA network.In a post on X, the minister said he emphasised the need to prepare early, explore new markets, strengthen Brand India, improve quality and productivity and become more globally competitive.“Inspired by PM Narendra Modi’s vision…
New Delhi, May 5 (IANS) India and Canada began the second round of negotiations for a bilateral free trade agreement, with the two sides aiming to seal the deal by year-end. The five-day talks in New Delhi come on Monday ahead of the Commerce and Industry Minister Piyush Goyal’s scheduled visit to Canada at the end of this month to accelerate the momentum of the economic engagement as the two countries target increasing bilateral trade to $50 billion by 2030. “The attempt is to fast-track talks …