India and Canada sign terms of reference for CEPA negotiations
What happened
- India and Canada signed the Terms of Reference and launched CEPA negotiations in New Delhi on 2 March 2026; the bilateral trade goal is USD 50 billion by 2030 [PIB].
Background
- Ties were reset after the leaders met at the G7 in Kananaskis.
Why it matters
- A CEPA could diversify critical minerals, energy and education links.
How to use this in Mains
- As per PIB (2026-03-02): india and Canada signed the Terms of Reference and launched CEPA negotiations in New Delhi on 2 March 2026; the bilateral trade goal is USD 50 billion by 2030.
- A CEPA could diversify critical minerals, energy and education links.
Quotable data pointIndia and Canada signed the Terms of Reference and launched CEPA negotiations in New Delhi on 2 March 2026.
PIB: Commerce: India–Canada CEPA ToR, 2 Mar 2026
Exam angle
UPSC
Prelims: India–Canada.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
Trade target by 2030
Answer (b) & explanation
PIB.
Practice · UPSC
Agreement under negotiation
Answer (b) & explanation
PIB.
Practice · UPSC
G7 summit venue cited
Answer (b) & explanation
PIB.
Go deeper
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Official source: PIB: Commerce: India–Canada CEPA ToR, 2 Mar 2026
facts from cited sources only; faculty review pending