The anticipated visit of Indian Prime Minister Narendra Modi to Canada in December could significantly advance negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between the two nations, potentially strengthening trade and investment ties. As both countries aim to finalize the agreement by 2026, this diplomatic engagement is seen as a vital step toward enhancing economic and strategic cooperation.
Canadian Prime Minister Mark Carney announced Modi’s expected visit while attending the United Nations General Assembly in New York. He emphasized that the ongoing negotiations with India are progressing well, underscoring the importance of the bilateral relationship in areas such as trade, investment, security, and cultural exchanges. Modi’s visit is anticipated to coincide with the G20 summit in Miami, highlighting the commitment to advancing mutual interests.
Efforts to conclude the CEPA have been gaining momentum, with the fifth round of negotiations scheduled to commence on October 5. This follows the successful completion of the fourth round earlier this month, as both nations are eager to expedite discussions and achieve a comprehensive agreement by the end of 2026. The CEPA is expected to significantly boost bilateral trade, with Canada targeting a doubling of two-way trade with India to C$70 billion annually by 2030, compared to C$30.4 billion recorded in 2025.
Modi’s upcoming visit would be his first standalone bilateral trip to Canada since April 2015. His previous visit in June 2025 was for the G7 summit, during which he and Carney discussed strengthening bilateral relations. The renewed focus on economic engagement follows a period of diplomatic strain, with recent high-level meetings highlighting a concerted effort to rebuild the partnership.
Canada and India have been keen to expand cooperation across various sectors, including energy, technology, artificial intelligence, and defense. Carney’s visit to India in March 2026 marked a pivotal moment, with both countries agreeing to accelerate CEPA negotiations. The anticipated December meeting between Modi and Carney is expected to further solidify these commitments and pave the way for a robust economic future.