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India and Canada Push to Finalise CEPA by December

Negotiators are racing to lock a deal that would deepen energy, critical‑minerals and investment ties ahead of Prime Minister Modi's planned visit to Canada.

Overview

  • The sixth round of CEPA talks is under way this week and ministers Maninder Sidhu and Piyush Goyal met in India to reaffirm a shared target of concluding the pact by December.
  • Negotiators are working across at least 16 policy areas, including market access for goods and services, rules of origin, trade remedies, customs facilitation and the movement of professionals.
  • Energy and raw materials are central to the deal with discussions covering LNG exports, an existing roughly $2.5 billion uranium supply deal, critical minerals and battery supply chains for electric vehicles.
  • Canada is pitching expanded investment and trade links, noting more than $100 billion of Canadian institutional and pension‑fund investment in India and plans to scale up LNG capacity to help meet India’s rising energy needs.
  • Officials plan further negotiating sessions in Ottawa next week followed by legal scrubbing and possible additional meetings before Prime Minister Modi’s mid‑December visit, a step that could strengthen supply‑chain resilience, energy security and labour mobility between the two countries.