Daily
250 words
7/10
Rating

13 July 2026

India-Canada trade negotiations

The Comprehensive Economic Partnership Agreement (CEPA) is a specific bilateral trade treaty that directly impacts India's economic diplomacy and trade policy, making it a highly relevant topic for UPSC Mains.

1 min read 2 questions 2 prelims

Notes

  • India and Canada have concluded the third round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in Ottawa.
  • The objective is to finalize the trade agreement within the current calendar year.
  • Key areas of negotiation include trade in goods, services, intellectual property, rules of origin, sanitary measures, and technical barriers to trade.
  • The bilateral target is to increase trade to $50 billion by 2030.
  • Bilateral trade data: 2025-26 trade stood at $7.95 billion, representing an 8.22% decline from $8.66 billion in 2024-25.
  • Current trade breakdown (2025-26): Exports from India were $4.67 billion, while imports from Canada were $3.28 billion.

Questions

  1. Analyze the significance of the proposed Comprehensive Economic Partnership Agreement (CEPA) between India and Canada in the context of diversifying India's trade partnerships and achieving long-term bilateral economic targets. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00
  2. Discuss the challenges and opportunities in India-Canada economic relations. How can a comprehensive trade agreement address the structural issues in bilateral trade and contribute to the goal of reaching $50 billion in trade by 2030? 250 words
    Attempt this — 250 words in 11 min
    0 / 250 words 11:00

Prelims

  1. What is the primary objective of the ongoing trade negotiations between India and Canada?

  2. Which of the following areas are included in the current trade negotiations between India and Canada?