India, Canada conclude third CEPA talks in Ottawa

India and Canada concluded their third round of negotiations on a proposed Comprehensive Economic Partnership Agreement in Ottawa on July 12, 2026, officials said. Reaction pending.

Ottawa round covered goods, services, IP

Officials described the round as technical and focused on market access, rules-of-origin and regulatory cooperation, with talks continuing on tariff schedules and services commitments. Negotiators met government and industry officials to map sensitive sectors and possible transition periods.

If negotiators agree tariff reductions and deep services commitments, trade could accelerate toward the $50 billion target by 2030 through increased two-way investment and supply‑chain integration. If talks stall or major sensitivities remain unresolved, implementation timelines would slip and target attainment would become more uncertain.

Officials said the two sides will reconvene before the end of 2026 and aim to complete the agreement by December 31, 2026. Observers will watch announced text on tariff lines, services market access and IP safeguards as the next negotiators' window approaches.

Officials said discussions in Ottawa covered trade in goods, cross-border services and intellectual property rights. Delegations reiterated a shared goal to finalise the CEPA within 2026 and to lift bilateral trade to $50 billion by 2030, officials said.