India Launches CEPA Talks with Canada and Mexico to Diversify Exports
What happened
India launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with Canada and Mexico on September 28, 2026. The negotiations followed the signing of Terms of Reference for the India-Canada pact during Mark Carney’s visit to New Delhi. This initiative seeks to establish new export markets for Indian goods.
From moneycontrol.com
Why it matters
Canada and Mexico have the capacity to absorb approximately $58 billion worth of Indian goods currently exported to the US. This potential market represents about 63.5 percent of India’s total exports to the US, offering a significant alternative for Indian exporters.
From moneycontrol.com
Who's involved
- Mark CarneyMark Carney launched the CEPA negotiations with India.
- New DelhiNew Delhi is the location where the CEPA negotiations were launched.
- Government of CanadaThe Government of Canada is involved in the CEPA negotiations with India.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Government of CanadaSpeculative
The Government of Canada could see increased demand for Canadian goods if trade ties deepen.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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Mark Carney
24th prime minister of Canada since 2025
Related events
- Trilateral trade talks involving Mexico and Canada are underway, with Donald Trump, Mark Carney, and Anita Anand participating.
- Amid US pressure, Canada is seeking deeper economic ties with Europe and exploring trade agreements involving Mercosur and India.
- Mark Carney seeks to lift tariffs on Canadian sectors as the government pushes for a breakthrough in CUSMA trade negotiations with Donald Trump.
- Mark Carney is negotiating an ambitious trade deal with India while also advocating for pipeline talks to export crude from Alberta to Asia.
- Mark Carney is moving Canada's trade strategy toward new allies, while public opinion supports a firm government stance.