India and Canada completed the third round of negotiations for a proposed Comprehensive Economic Partnership Agreement in Ottawa. Both sides have said they are aiming to finish the talks within the year, making the agreement a current example of economic diplomacy in India’s external sector.

The negotiations are significant because they bring together trade policy, regulatory standards, and bilateral relations. A comprehensive trade pact can affect market access, rules for exporters, and the movement of services, while also testing how two countries handle sensitive non-tariff issues.

What was covered in the third round

The five-day discussions covered the following areas:

Trade in goodsTrade in servicesIntellectual propertyRules of originSanitary measuresTechnical barriers to trade

Trade data mentioned in the release