Ministry of Commerce & Industry press release · 23 May 2026 · pibtracker filter

Union Minister of Commerce & Industry Shri Piyush Goyal to Visit Canada for High-Level Business Interactions and India–Canada CEPA Talks

PRID2264617 MinistryMinistry of Commerce & Industry Released23 May 2026 Reading10 min

Posted On: 23 MAY 2026 7:45PM by PIB Delhi Union Minister of Commerce and Industry Shri Piyush Goyal will visit Canada from May 25-27 to advance the ongoing negotiations of the Comprehensive Economic & Partnership Agreement (CEPA) between India and Canada and hold official, business & industry interactions. Senior representatives from over 100 Indian businesses are accompanying Shri Goyal from sectors like metals & mining, energy, automotive & capital goods, aerospace, tourism, leather & textiles, agriculture, telecom & pharmaceuticals among others. During his visit, Shri Goyal will meet H.E. Mr. Maninder Sidhu, Minister of International Trade, and review the progress of India-Canada CEPA, and explore new opportunities for trade & investments. In FY2025-26, the bilateral trade between both countries was around USD 8 billion, out of which India’s exports were USD 4.67 billion and India’s imports were USD 3.28 billion. The Minister will call on the Prime Minister of Canada, H.E. Mr. Mark Carney, and hold a series of bilateral meetings including with H.E. Ms. Anita Anand, Minister of Foreign Affairs, to strengthen strategic cooperation across priority sectors. HCIM will also interact with CEOs of leading Canadian companies, startups, and pension funds. Energy security and energy transition are defining priorities for both our nations. Canada’s vast energy and natural resource base, and India’s expanding energy requirements, create strong complementarities. Further, the civil nuclear cooperation between India and Canada remains a cornerstone of the energy partnership. Science and technology cooperation have a strong foundation, supported by regular institutional engagement. There is substantial scope for deeper India–Canada collaboration in AI research, standards, and innovation ecosystems. The sustained high-level engagement between India and Canada since mid-2025, including the recent visit of Prime Minister Carney to India on March 2, 2026, has contributed significantly towards restoring momentum in the bilateral relationship & people-to-people ties. The negotiations of the India-Canada CEPA were also launched during this visit. An official delegation from Canada visited New Delhi from 4-7 May 2026 to conduct the second round of negotiations of the India-Canada CEPA. HCIM would be accompanied by officials for continuing the second round of negotiations for the India-Canada CEPA. Both countries are committed to fast-tracking the negotiations. Both sides have envisioned increasing the bilateral trade between India and Canada to USD 50 billion by 2030. Canada has a large 2.8 million Indian Diaspora (1.8 million Indo-Canadians and about 1 million NRIs including students) who are a living bridge between the two nations. India takes great pride in its diaspora and their achievements in Canada. India and Canada have resumed structured engagement through strategic and security channels alongside the broader political and economic renewal in bilateral relations. The visit is expected to explore cooperation across key sectors of mutual importance, strengthen the mutual trust, and impart greater momentum to a partnership that has the potential to expand exponentially. *** Abhishek Dayal/ Garima Singh/ Ishita Biswas (Release ID: 2264617) Visitor Counter : 1121 Read this release in: Urdu , हिन्दी , Marathi , Tamil , Malayalam Ministry of Commerce & Industry Union Minister of Commerce & Industry Shri Piyush Goyal to Visit Canada for High-Level Business Interactions and India–Canada CEPA Talks Posted On: 23 MAY 2026 7:45PM by PIB Delhi Union Minister of Commerce and Industry Shri Piyush Goyal will visit Canada from May 25-27 to advance the ongoing negotiations of the Comprehensive Economic & Partnership Agreement (CEPA) between India and Canada and hold official, business & industry interactions. Senior representatives from over 100 Indian businesses are accompanying Shri Goyal from sectors like metals & mining, energy, automotive & capital goods, aerospace, tourism, leather & textiles, agriculture, telecom & pharmaceuticals among others. During his visit, Shri Goyal will meet H.E. Mr. Maninder Sidhu, Minister of International Trade, and review the progress of India-Canada CEPA, and explore new opportunities for trade & investments. In FY2025-26, the bilateral trade between both countries was around USD 8 billion, out of which India’s exports were USD 4.67 billion and India’s imports were USD 3.28 billion. The Minister will call on the Prime Minister of Canada, H.E. Mr. Mark Carney, and hold a series of bilateral meetings including with H.E. Ms. Anita Anand, Minister of Foreign Affairs, to strengthen strategic cooperation across priority sectors. HCIM will also interact with CEOs of leading Canadian companies, startups, and pension funds. Energy security and energy transition are defining priorities for both our nations. Canada’s vast energy and natural resource base, and India’s expanding energy requirements, create strong complementarities. Further, the civil nuclear cooperation between India and Canada remains a cornerstone of the energy partnership. Science and technology cooperation have a strong foundation, supported by regular institutional engagement. There is substantial scope for deeper India–Canada collaboration in AI research, standards, and innovation ecosystems. The sustained high-level engagement between India and Canada since mid-2025, including the recent visit of Prime Minister Carney to India on March 2, 2026, has contributed significantly towards restoring momentum in the bilateral relationship & people-to-people ties. The negotiations of the India-Canada CEPA were also launched during this visit. An official delegation from Canada visited New Delhi from 4-7 May 2026 to conduct the second round of negotiations of the India-Canada CEPA. HCIM would be accompanied by officials for continuing the second round of negotiations for the India-Canada CEPA. Both countries are committed to fast-tracking the negotiations. Both sides have envisioned increasing the bilateral trade between India and Canada to USD 50 billion by 2030. Canada has a large 2.8 million Indian Diaspora (1.8 million Indo-Canadians and about 1 million NRIs including students) who are a living bridge between the two nations. India takes great pride in its diaspora and their achievements in Canada. India and Canada have resumed structured engagement through strategic and security channels alongside the broader political and economic renewal in bilateral relations. The visit is expected to explore cooperation across key sectors of mutual importance, strengthen the mutual trust, and impart greater momentum to a partnership that has the potential to expand exponentially. *** Abhishek Dayal/ Garima Singh/ Ishita Biswas (Release ID: 2264617) Union Minister of Commerce and Industry Shri Piyush Goyal will visit Canada from May 25-27 to advance the ongoing negotiations of the Comprehensive Economic & Partnership Agreement (CEPA) between India and Canada and hold official, business & industry interactions. Senior representatives from over 100 Indian businesses are accompanying Shri Goyal from sectors like metals & mining, energy, automotive & capital goods, aerospace, tourism, leather & textiles, agriculture, telecom & pharmaceuticals among others.  During his visit, Shri Goyal will meet H.E. Mr. Maninder Sidhu, Minister of International Trade, and review the progress of India-Canada CEPA, and explore new opportunities for trade & investments. In FY2025-26, the bilateral trade between both countries was around USD 8 billion, out of which India’s exports were USD 4.67 billion and India’s imports were USD 3.28 billion. The Minister will call on the Prime Minister of Canada, H.E. Mr. Mark Carney, and hold a series of bilateral meetings including with H.E. Ms. Anita Anand, Minister of Foreign Affairs, to strengthen strategic cooperation across priority sectors. HCIM will also interact with CEOs of leading Canadian companies, startups, and pension funds. Energy security and energy transition are defining priorities for both our nations. Canada’s vast energy and natural resource base, and India’s expanding energy requirements, create strong complementarities. Further, the civil nuclear cooperation between India and Canada remains a cornerstone of the energy partnership. Science and technology cooperation have a strong foundation, supported by regular institutional engagement. There is substantial scope for deeper India–Canada collaboration in AI research, standards, and innovation ecosystems. The sustained high-level engagement between India and Canada since mid-2025, including the recent visit of Prime Minister Carney to India on March 2, 2026, has contributed significantly towards restoring momentum in the bilateral relationship & people-to-people ties. The negotiations of the India-Canada CEPA were also launched during this visit. An official delegation from Canada visited New Delhi from 4-7 May 2026 to conduct the second round of negotiations of the India-Canada CEPA. HCIM would be accompanied by officials for continuing the second round of negotiations for the India-Canada CEPA.  Both countries are committed to fast-tracking the negotiations. Both sides have envisioned increasing the bilateral trade between India and Canada to USD 50 billion by 2030. Canada has a large 2.8 million Indian Diaspora (1.8 million Indo-Canadians and about 1 million NRIs including students) who are a living bridge between the two nations. India takes great pride in its diaspora and their achievements in Canada. India and Canada have resumed structured engagement through strategic and security channels alongside the broader political and economic renewal in bilateral relations. The visit is expected to explore cooperation across key sectors of mutual importance, strengthen the mutual trust, and impart greater momentum to a partnership that has the potential to expand exponentially. *** Abhishek Dayal/ Garima Singh/ Ishita Biswas   " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); 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height: auto !important; } h2 { font-size: 20px !important; font-weight: 600 !important; } h3 { font-size: 18px !important; font-weight: 600 !important; } } /* === Film Roll Badge Styling(IFFI2025 countdown) === */ .film-roll-badge { position: absolute; top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; 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Union Minister of Commerce & Industry Shri Piyush Goyal to Visit Canada for High-Level Business Interactions and India–Canada CEPA Talks

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