Piyush Goyal concludes landmark visit
Toronto/New Delhi, May 28: With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a highly-productive and landmark three-day visit to Canada, an official statement said on Thursday.
Goyal had a packed schedule of high-impact engagements in Toronto spanning academia, innovation, government, business councils, institutional investors and the diaspora community.
He led the largest-ever Indian business delegation to Canada, comprising industry leaders from over 100 Indian companies, in a landmark step towards the full revival of India-Canada economic relations.
The three-day visit — covering Ottawa on May 25 and Toronto from May 26–28 — aimed at advancing bilateral trade and economic ties between India and Canada, with a particular focus on accelerating the ongoing negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA), according to a Commerce Ministry statement. The engagements reinforced the sustained momentum in the India-Canada economic partnership and highlighted India’s emergence as a premier global destination for investment, technology collaboration, and long-term partnerships.
Goyal delivered an address to faculty, researchers, and students at the prestigious Munk School of Global Affairs and Public Policy, University of Toronto — one of the world’s leading institutions for the study of international relations and public policy. The minister spoke about India’s rapid economic progress, transformative reforms, and growing global leadership under Prime Minister Narendra Modi. (IANS)
