Piyush Goyal Discusses India-Canada Agricultural Cooperation and CEPA During Canada Visit

India and Canada review trade, investment and agriculture collaboration as both countries target expansion of bilateral economic ties
Union Commerce Minister Piyush Goyal led an Indian business delegation to Canada and held a series of meetings focused on strengthening bilateral economic engagement, agriculture cooperation and investment opportunities. The visit took place from May 26–27 across Ottawa and Toronto amid renewed efforts by both countries to expand trade and strategic partnerships.
India and Canada have stepped up discussions aimed at reviving and expanding bilateral economic relations, with Commerce Minister Piyush Goyal leading a high-level Indian delegation during a two-day visit to Canada. The meetings focused on fast-tracking the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthening cooperation across multiple sectors.
During the visit covering Ottawa and Toronto from May 26–27, Goyal met Canadian Agriculture and Agri-Food Minister Heath MacDonald. Discussions centred on bilateral cooperation in agriculture, with emphasis on food security, sustainability and agri-technology.
According to a statement from the Ministry of Commerce, both sides explored opportunities for collaboration in the food and processing sector. The statement highlighted that such cooperation could support Indian farmers and producers while contributing to stronger agricultural integration between India and Canada.
Goyal also held wide-ranging talks with Canadian Foreign Minister Anita Anand on expanding cooperation in trade, investment and technology under the India-Canada Strategic Partnership.
The discussions also covered India’s growing infrastructure sector, renewable energy, logistics, digital infrastructure and consumer markets, which were identified as areas offering investment opportunities for Canadian businesses. Both countries reiterated their commitment to strengthening bilateral economic and strategic cooperation.
The delegation included over 100 industry leaders representing sectors such as energy, mining, automotive goods, pharmaceuticals, telecommunications, artificial intelligence, leather and textiles. The participation reflected the broad range of sectors being considered for future collaboration.
According to the report, bilateral trade between India and Canada currently stands at approximately USD 8.5 billion. Both governments have set a target to increase this figure to USD 50 billion by 2030.