Carney says Canada and India aim to wrap up trade talks by G20 ahead of Modi visit
Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi are expected to finalize trade talks by the G20 summit, ahead of Modi's visit to Canada on December 11-12, 2026. The two nations have updated their bilateral trade targets to CAD 70 billion by 2030. Canadian Trade Minister Maninder Sidhu recently led a 300-person business delegation to India.
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- ✓ Mark Carney is the 24th prime minister of Canada and leader of the Liberal Party, serving since 2025.
- ✓ Mark Carney was previously Governor of the Bank of Canada from 2008 to 2013 and Governor of the Bank of England from 2013 to 2020.
- ✓ The bilateral trade targets between Canada and India have been updated to CAD 70 billion by 2030.
- ✓ Indian Prime Minister Narendra Modi is expected to visit Canada on December 11-12, 2026.
What changed
Canadian Prime Minister Mark Carney mentioned that Canada and India aim to wrap up trade talks by the G20 summit ahead of Modi's visit.
Live updates
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Canada, India aim to conclude trade talks by G20 summit
Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi are expected to finalize trade talks by the G20 summit, ahead of Modi's visit to Canada on December 11-12, 2026. The two nations have updated their bilateral trade targets to CAD 70 billion by 2030. Canadian Trade Minister Maninder Sidhu recently led a 300-person business delegation to India.
Why it matters
The trade talks between Canada and India are part of Canada's strategic Indo-Pacific tour, which aims to advance trade, technology, energy, and defense cooperation. The talks are also seen as a significant development in the bilateral relationship between the two countries, which has been rebounding through structured institutional frameworks.
What is confirmed
- Mark Carney is the 24th prime minister of Canada and leader of the Liberal Party, serving since 2025.
- Mark Carney was previously Governor of the Bank of Canada from 2008 to 2013 and Governor of the Bank of England from 2013 to 2020.
- The bilateral trade targets between Canada and India have been updated to CAD 70 billion by 2030.
- Indian Prime Minister Narendra Modi is expected to visit Canada on December 11-12, 2026.
Still unconfirmed
- No rumors found
What to watch next
- The G20 summit
- The visit of Indian Prime Minister Narendra Modi to Canada on December 11-12, 2026
- The outcome of the trade talks between Canada and India
confidence 90%Sources used for this update (6)
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Canada and India Push for Trade Pact Ahead of G20 and Modi Visit
Canadian Prime Minister Mark Carney has launched a strategic Indo-Pacific tour to New Delhi, Canberra, and Tokyo to advance trade, technology, energy, and defense cooperation. Bilateral engagement between Ottawa and New Delhi is rebounding through structured institutional frameworks. Canadian Trade Minister Maninder Sidhu is leading a 300-person business delegation to India this month. Meanwhile, Indian Prime Minister Narendra Modi is expected to visit Canada on December 11-12, 2026, to focus on strategic ties, energy, and the Comprehensive Economic Partnership Agreement. Both nations updated their bilateral trade targets to CAD 70 billion by 2030, moving past an older $50 billion target.
Why it matters
Canada faces complex tariff issues with the United States, creating urgency to diversify economic partnerships in the Indo-Pacific region. India has recently signed major trade treaties with the European Union, Great Britain, and the USA. This diplomatic and economic alignment positions the upcoming Comprehensive Economic Partnership Agreement as a major priority for both Ottawa and New Delhi.
What is confirmed
- Canadian Prime Minister Mark Carney is visiting New Delhi, Canberra, and Tokyo to advance trade, technology, energy, and defence cooperation.
- Prime Minister Narendra Modi is expected to visit Canada on December 11-12, 2026, to focus on strategic ties, energy, and the Comprehensive Economic Partnership Agreement.
- Trade Minister Maninder Sidhu is leading a 300-person business delegation to India this month.
- Updated targets seek to increase bilateral trade to CAD 70 billion by 2030.
Still unconfirmed
- Belgian Prime Minister Bart De Wever hopes to receive Indian PM Modi in Brussels in December for the signing of the India-EU FTA.
- India has concluded negotiations with the European Union to associate with Horizon Europe for research cooperation.
What to watch next
- The official outcomes and trade announcements from Prime Minister Carney's Indo-Pacific tour stops in New Delhi, Canberra, and Tokyo.
- Prime Minister Modi's scheduled December 11-12, 2026 visit to Canada and progress on the Comprehensive Economic Partnership Agreement.
confidence 90%Sources used for this update (5)
- australiatimes.com — Canada's Mark Carney Launches Strategic Indo-Pacific Tour to Deepen ...
- www.wionews.com — PM Modi expected to visit Belgium, US, Canada in December ...
- ddnews.gov.in — India | DD News
- www.etnownews.com — PM Modi’s likely Canada visit next month to focus on trade ...
- economictimes.indiatimes.com — CANADA INDIA TRADE NEGOTIATIONS - The Economic Times
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PM Modi to visit Canada in December as trade talks resume
Prime Minister Narendra Modi will visit Canada on December 11-12, 2026, to focus on strategic ties, energy, and the Comprehensive Economic Partnership Agreement. Trade Minister Maninder Sidhu is leading a 300-person business delegation to India this month to explore trade opportunities. Both nations intend to expedite negotiations to conclude the trade pact soon. While previous targets aimed for $50 billion in bilateral trade by 2030, updated targets now seek to increase that figure to CAD 70 billion by 2030. External Affairs Minister S Jaishankar and Foreign Minister Anita Anand recently met in Atlanta to coordinate the visit.
Why it matters
Canada and India are negotiating a free trade agreement to secure cooperation in clean energy, critical minerals, and agricultural products. The nations previously held a second round of bilateral talks in New Delhi on May 4. This diplomatic push aims to solidify economic ties through a Comprehensive Economic Partnership Agreement.
What is confirmed
- Prime Minister Narendra Modi will visit Canada on December 11-12, 2026.
- India and Canada are negotiating a Comprehensive Economic Partnership Agreement.
Still unconfirmed
- Mark Carney is a contender for the 2026 Nobel Peace Prize.
What to watch next
- Outcome of the December 11-12 diplomatic visit
- Official announcement of the concluded trade pact
- Results of the business delegation mission to India
confidence 90%Sources used for this update (4)
- economictimes.indiatimes.com — MARK CARNEY TRADE POLICY - The Economic Times
- www.wionews.com — PM Modi to visit Canada on December 11-12 with focus on trade ...
- economictimes.indiatimes.com — 'Modi's visit to Canada in December will be another building ...
- english.metrovaartha.com — 'Modi's visit to Canada in December will be another building ...
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Canada and India Push for Trade Pact and Modi Visit
Prime Minister Mark Carney and Indian Prime Minister Narendra Modi are advancing negotiations for a free trade agreement. Both nations initiated the second round of bilateral free trade talks in New Delhi on May 4, with the objective of concluding the pact by the end of the year. The countries seek to raise bilateral trade to $50 billion by 2030. Discussions focus on finalizing the Comprehensive Economic Partnership Agreement, alongside collaboration in critical minerals, clean energy, and agricultural trade involving Canadian fertilizers and potash.
Why it matters
The diplomatic engagement follows a warming of bilateral relations after Foreign Minister Anita Indira Anand visited India in early October. Prime Minister Mark Carney and Prime Minister Narendra Modi previously reviewed bilateral ties during June talks. Commerce and Industry Minister Piyush Goyal pushed for rapid progress on trade negotiations in late 2025.
What is confirmed
- India and Canada began the second round of negotiations for a bilateral free trade agreement in New Delhi on May 4.
- Both sides are aiming to conclude the trade pact by the end of the year.
- The countries set a target to raise bilateral trade to $50 billion by 2030.
Still unconfirmed
- Prime Minister Narendra Modi's visit to Canada is scheduled for December 11 and 12.
What to watch next
- Conclusion of the bilateral free trade agreement by the end of the year
- Union Commerce and Industry Minister Piyush Goyal's scheduled visit to Canada
- Official confirmation of dates for Prime Minister Narendra Modi's visit to Canada
confidence 90%Sources used for this update (11)
- www.nationalnewswatch.com — National Newswatch | US Trade News
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- indiawest.com — Modi And Canadian PM Carney Target 2026 Trade Deal During G7 ...
- www.hindustantimes.com — India-Canada ties are on an upward trajectory - Hindustan Times
- southasianherald.com — India-Canada Relations Warm as PM Mark Carney Expected to ...
- indiawest.com — India, Canada Push To Finalize Trade Pact By Year-End
- economictimes.indiatimes.com — india canada free trade agreement: Latest News & Videos ...
- www.scmp.com — US-ally trade wars: Latest News and Updates | South China ...
- economictimes.indiatimes.com — india canada cepa: Latest News & Videos, Photos about india ...
- southasianherald.com — India, Canada Move to Fast-Track Trade Pact as New Delhi ...
- www.scmp.com — Justin Trudeau
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Prime Minister Modi to visit Canada December 11-12 for trade talks
Prime Minister Narendra Modi will visit Ottawa and Toronto on December 11 and 12 to meet with Prime Minister Mark Carney. The visit follows a trade mission led by International Trade Minister Maninder Sidhu to New Delhi, Bengaluru, and Mumbai. Both nations are fast-tracking negotiations for a trade pact with the objective of doubling bilateral trade by 2030. The meetings aim to advance the Comprehensive Economic Partnership Agreement and facilitate a wider bilateral reset between the two countries.
Why it matters
Canada and India are working to rebuild diplomatic ties through security and trade engagement. This push follows a recent phone call between the two prime ministers to reaffirm their commitment to the CEPA.
What is confirmed
- Prime Minister Narendra Modi will visit Canada on December 11 and 12.
- Mark Carney stated the visit will likely include stops in Toronto and Ottawa.
- Canada and India aim to double bilateral trade by 2030.
- International Trade Minister Maninder Sidhu led a trade mission to New Delhi, Bengaluru, and Mumbai.
Still unconfirmed
- Canada and India intend to finish the trade deal by the end of the year.
What to watch next
- Outcome of the December 11-12 bilateral talks
- Formal signing of the Comprehensive Economic Partnership Agreement
confidence 95%Sources used for this update (6)
- www.hindustantimes.com — Modi to visit Ottawa, Toronto; ‘will see if it can be ...
- www.businesstoday.in — PM Modi to visit Canada on December 11 12: Bilateral talks ...
- www.hindustantimes.com — PM Modi to visit Canada on December 11-12 as countries seek ...
- www.ctvnews.ca — Canada, India close to new trade pact: trade minister
- www.dynamitenews.com — PM Modi to Visit Canada in December as India and Ottawa aim ...
- canadanewsmedia.ca — Modi to visit Toronto, Ottawa Dec. 11 and 12, Carney says
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Modi and Carney Push to Finalize Trade Deal Ahead of December Visit
Prime Minister Narendra Modi and Prime Minister Mark Carney reaffirmed their commitment to conclude the Comprehensive Economic Partnership Agreement (CEPA) during a recent phone call. The leaders aim to use the agreement to double bilateral trade by 2030. This diplomatic push includes a 300-member Canadian delegation visiting India and a confirmed visit by Prime Minister Modi to Ottawa in December. The discussions focused on rebuilding ties through security, trade, and sustained diplomatic engagement.
Why it matters
Canada is seeking new trade partners after the United States banned nearly $1 billion in Canadian imports. This reset follows a period of diplomatic tension between Ottawa and New Delhi.
What is confirmed
- Prime Minister Narendra Modi and Prime Minister Mark Carney held a phone call to discuss the CEPA trade agreement.
- India and Canada intend to double bilateral trade by 2030.
- Prime Minister Modi is scheduled to visit Ottawa in December.
Still unconfirmed
- A 300-member Canadian delegation is visiting India.
- The leaders intend to wrap up trade talks by the G20.
What to watch next
- The outcome of the Canadian delegation's visit to India
- The formal signing of the CEPA agreement
- The specific trade terms announced during Modi's December visit to Ottawa
confidence 90%Sources used for this update (6)
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- economictimes.indiatimes.com — Modi, Carney discuss positive momentum in India-Canada trade ...
- www.businesstoday.in — 'Had a warm, productive conversation': PM Modi after phone ...
- www.dynamitenews.com — India-Canada Relations Reset: Modi, Carney Push Trade Deal ...
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Canada and India Push to Finalize Trade Deal by Year-End
Canadian Prime Minister Mark Carney and Indian officials are accelerating trade negotiations to complete a Comprehensive Economic Partnership Agreement by the end of the year. The fifth round of bilateral talks began in Ottawa on October 5, following a prolonged diplomatic chill. Canada is rapidly pursuing new trade partnerships after the United States banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products, and motorcycles. Meanwhile, Indian Prime Minister Narendra Modi is scheduled to visit Ottawa, and Canadian ministers plan to travel to India in mid-October to advance the agreement.
Why it matters
The trade talks represent a major effort by Canada to diversify its international markets amid escalating trade disputes with the United States under Donald Trump. Both governments are targeting broader economic opportunities that span energy, critical minerals, aerospace, and artificial intelligence. Concluding the bilateral agreement would mark a major turning point for diplomatic and economic ties following past friction.
What is confirmed
- The fifth round of negotiations for the Comprehensive Economic Partnership Agreement began in Ottawa on October 5.
- India and Canada aim to conclude their trade deal by the end of the year.
- The United States banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products, and motorcycles.
- Canadian Foreign Minister Anita Anand and Trade Minister Maninder Sidhu are expected to visit India in mid-October.
Still unconfirmed
- India may invite Canadian Prime Minister Mark Carney to be the Republic Day chief guest.
- Indian Prime Minister Narendra Modi is set to visit Ottawa in December.
What to watch next
- Results of the mid-October delegation visit to India by Canadian ministers Anita Anand and Maninder Sidhu.
- Updates on trade deal finalization timelines ahead of the December G20 summit.
confidence 90%Sources used for this update (7)
- economictimes.indiatimes.com — mark carney trade deal: Latest News & Videos, Photos about ...
- timesofindia.indiatimes.com — India Canada Cepa: With PM Modi set to visit Ottawa, India ...
- timesofindia.indiatimes.com — Canada ‘looking forward’ to seal trade deal with India as fifth CEPA round begins: What’s on agenda
- www.hindustantimes.com — Canada says focused on completing deal ahead of 5th round of ...
- ddindia.co.in — India, Canada open crucial trade talks - DD India
- telanganatoday.com — India, Canada open crucial trade talks - Telangana Today
- www.cnbctv18.com — India may invite Canada PM Mark Carney as Republic Day chief ...
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Canada, India aim to finalize trade talks by G20 summit
Canada and India are accelerating trade talks, targeting a deal by the G20 summit in December. The fifth round of negotiations began on October 5 in Ottawa. Both countries aim to boost bilateral ties and reach a trade target of $70 billion in five years. Indian Prime Minister Narendra Modi is expected to visit Canada in December.
Why it matters
The Comprehensive Economic Partnership Agreement negotiations are crucial for strengthening economic ties between Canada and India. A successful trade deal would enhance bilateral relations and provide new opportunities for businesses. The talks have been progressing swiftly, with multiple rounds of negotiations taking place this year.
What is confirmed
- India and Canada will begin the fifth round of negotiations for a comprehensive trade pact on October 5 in Ottawa.
- Both nations are eyeing to wrap up CEPA talks by December.
- Indian Prime Minister Narendra Modi is expected to visit Canada in December around the time of the G20 summit.
What to watch next
- Outcome of the fifth round of CEPA talks
- Narendra Modi's visit to Canada in December
- Final agreement on the Comprehensive Economic Partnership Agreement
confidence 95%Sources used for this update (2)
- swarajyamag.com — India, Canada Aim To Wrap Up CEPA Talks By December With ...
- economictimes.indiatimes.com — India, Canada begin fifth round of CEPA talks on October 5
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Canada and India Push for Year-End CEPA Trade Deal
Canada and India are accelerating their Comprehensive Economic Partnership Agreement negotiations, targeting a final trade deal by the end of 2026. Canadian Prime Minister Mark Carney announced that Indian Prime Minister Narendra Modi is expected to visit Canada in December around the time of the G20 summit. Commerce Minister Piyush Goyal stated that negotiations are progressing swiftly, with a new round of talks beginning on October 5. Both countries aim to elevate their bilateral ties, bolstered by a trade target of $70 billion in five years.
Why it matters
The trade push follows a ban by the United States on nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products, and motorcycles, prompting Prime Minister Mark Carney to rapidly seek new international trade partnerships. External Affairs Minister S Jaishankar noted that both nations are preparing to take their relationship to a higher level following a United Nations General Assembly meeting. The current diplomatic alignment involves intensive negotiations scheduled to span five days in Ottawa.
What is confirmed
- Canadian Prime Minister Mark Carney announced that India and Canada expect to conclude CEPA negotiations by the G20 summit this year.
- Indian Prime Minister Narendra Modi is expected to visit Canada in December around the time of the G20 summit.
- Commerce Minister Piyush Goyal stated that the fifth round of trade talks is scheduled to begin on October 5.
- External Affairs Minister S Jaishankar stated that India and Canada are looking to take their bilateral relationship to a higher level.
- The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products, and motorcycles.
Still unconfirmed
- Canada's trade minister is set to visit New Delhi later this month with a 300-member business delegation.
What to watch next
- The conclusion of the fifth round of CEPA negotiations in Ottawa.
- Official announcements regarding Prime Minister Narendra Modi's December visit to Canada.
confidence 95%Sources used for this update (9)
- economictimes.indiatimes.com — MARK CARNEY LATEST NEWS - The Economic Times
- indiawest.com — Carney Says Modi Expected in Canada as Trade Talks Advance
- economictimes.indiatimes.com — India, Canada preparing to take ties to 'higher level': EAM ...
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- indiawest.com — India, Canada Resume Trade Talks With Year-End Deal In Sight
- timesofindia.indiatimes.com — India, Canada seek to take ties ‘to a higher level’: EAM Jaishankar after UNGA meet | India News
- www.newindianexpress.com — India, Canada to begin fifth round of trade pact talks as ...
- www.cnbctv18.com — PM Narendra Modi likely to attend US G20 as India-US trade ...
- economictimes.indiatimes.com — India-Canada trade target: $70 billion in five years as CEPA ...
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Canada and India Target G20 Summit for Trade Deal
Canadian Prime Minister Mark Carney announced that trade negotiations between Canada and India are advancing well. Both nations plan to finish these discussions by the G20 summit scheduled for mid-December. Carney stated that Indian Prime Minister Narendra Modi is expected to visit Canada around the time of the summit to finalize the partnership. This diplomatic push aligns with broader economic strategies as both countries navigate international trade calculations and potential tariff pressures.
Why it matters
Trade discussions between Ottawa and New Delhi have intensified as nations seek reliable economic alliances. Finalizing this agreement during the mid-December G20 summit would mark a major milestone for bilateral commerce. Prime Minister Modi's planned trip to Canada provides a concrete diplomatic window for signing the pact.
What is confirmed
- Canadian Prime Minister Mark Carney stated on September 22 that trade negotiations with India are making good progress.
- Canada and India are aiming to conclude trade talks by the G20 summit in mid-December.
Still unconfirmed
- Indian Prime Minister Narendra Modi will visit Canada around the time of the mid-December G20 summit to sign the trade deal.
What to watch next
- Official confirmation of Modi's December travel schedule
- Progress updates on trade talks leading into the mid-December G20 summit
confidence 100%Sources used for this update (5)
- www.thestar.com.my — Carney says Canada and India aim to wrap up trade talks by ...
- www.hurriyetdailynews.com — Canada, India aim to wrap up trade talks by G20: Carney
- www.dtnext.in — Carney says Canada, India aim to wrap up trade talks by G20 ...
- economictimes.indiatimes.com — Canadian PM Carney: Trade talks with India could conclude by ...
- economictimes.indiatimes.com — India-Canada trade deal could be sealed by year-end as PM ...
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PM Modi expected to visit Canada in December to sign trade deal
Canadian Prime Minister Carney and Indian Prime Minister Modi aim to finalize a trade agreement by the end of the year. Modi is expected to visit Canada in December to sign the deal, with negotiations intended to wrap up by the G20 summit. This effort to lock in a trade partnership comes as India also accelerates trade discussions with Mexico. The push for these agreements occurs as Canada, India, and Mexico manage trade calculations totaling 8 trillion dollars amid potential U.S. tariffs.
Why it matters
Establishing a formal trade deal would stabilize economic ties between Canada and India. These negotiations are taking place against a backdrop of shifting North American trade dynamics and U.S. tariff threats. The timeline aligns with major international diplomatic gatherings.
What is confirmed
- Prime Minister Modi is expected to visit Canada in December to sign a trade deal.
- Prime Minister Carney aims to wrap up trade talks with India by the G20 summit.
- Modi is speeding up trade talks with Mexico.
What to watch next
- Official confirmation of the December visit dates
- The formal signing of the trade agreement
- Outcome of the G20 trade negotiations
confidence 95%Sources used for this update (8)
- AP News — Carney says Canada and India aim to wrap up trade talks by G20 ahead of Modi visit
- Bloomberg.com — Modi Plans Canada Trip for Trade Deal, Speeds Up Mexico Talks
- Reuters — India's PM Modi expected to visit Canada in December to sign trade deal, Globe and Mail reports
- The Economic Times — India, Canada & Mexico's $8 trillion trade math looks for cover amid Trump tariff bullet
- The Globe and Mail — India’s PM Modi expected to visit Canada in December to sign trade deal, envoy says
- CTV News — PM Carney confirms India’s Modi will visit Canada; Trump says U.S. will keep buying Canadian potash
- CBC — Modi to visit Canada as Carney looks to finalize trade deal with India by end of year
- The Times of India — PM Modi likely to visit Canada in December to lock in trade deal: Canadian PM Carney
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