Modi and Carney Discuss Strengthening Strategic Ties and CEPA
PM Modi and Canadian PM Mark Carney discuss strengthening strategic ties, AI, and concluding the CEPA deal by 2026.
In a significant move to bolster international relations, Prime Minister Narendra Modi held a high-level telephone conversation with Canadian Prime Minister Mark Carney on Tuesday, October 13, 2026. The leaders focused on deepening the strategic partnership between India and Canada, specifically targeting concrete advancements in trade, energy, technology, and security.
A Vision for Doubling Trade by 2030
A central theme of the discussions was the pursuit of a Comprehensive Economic Partnership Agreement (CEPA). Both leaders expressed a shared commitment to finalizing this landmark agreement by the end of 2026. The ultimate goal of this economic framework is to double the two-way trade between the two nations by the year 2030.
The Prime Minister's office noted that the last year has seen significant momentum in bilateral cooperation. Key areas of growing partnership include:
- Finance and Economy: Strengthening financial ties and market integration.
- Defense: Enhancing security cooperation and industrial ties.
- Artificial Intelligence: Collaborating on cutting-edge technological advancements.
- Energy and Technology: Driving innovation and sustainable energy solutions.
Diplomatic Missions and High-Level Meetings
This high-level dialogue comes at a time of intense diplomatic activity between the two nations. Canadian Foreign Minister Anita Anand arrived in India on October 13 for a multi-day visit. This visit marks her 11th meeting with India's External Affairs Minister S. Jaishankar since September 2025, aimed at expanding the scope of bilateral cooperation.
In a massive push for commercial ties, Canadian International Trade Minister Maninder Sidhu is currently leading a delegation of nearly 300 business representatives to India. This delegation is focused on fostering partnerships in critical sectors such as aerospace, life sciences, and clean energy.
Expediting CEPA Negotiations
To ensure the economic goals are met, India's Union Commerce and Industry Minister Piyush Goyal met with Minister Sidhu on October 13. The discussions were specifically geared toward expediting the CEPA negotiations to ensure the agreement is ready for implementation by the end of 2026.
The leaders also acknowledged the success of the recent bilateral security dialogue held in India, signaling a robust foundation for future cooperation in regional stability and defense.
Global Context and Future Visits
During the call, Prime Minister Carney expressed his gratitude to Prime Minister Modi for his leadership regarding efforts to find a peaceful resolution to the conflict in Ukraine.
Looking ahead, the momentum between the two nations is expected to continue with Prime Minister Modi scheduled to undertake an official visit to Canada in December 2026.